Okay, silliness aside (for now):
Insider Trading or Legitimate Market Research? Prof Bainbridge. The Galleon insider trading case intersects all of these issues, and this is a great summary of legal issues surrounding it and insider trading in general.
Jeffrey Chiang Will Be Receiving No New Offers Of Employment. Dealbreaker. A reminder as to the importance of ethics and truth telling. Also, the incestuous community of finance. We all know each other, or we can find out.
Too Big To Fail Policy. Economics of Contempt. for you aggressive readers out there.
Information is Stimulus. Interfluidity. This is a good point by Mr. Waldman. Namely that expectations and belief in actions/reaction will move the market. There was a lot of talk in September 08 about "making the rules of the game clear" because traders/investors can't make rational bets if they don't know the rules of the game.
How Freakonomics is Ruining the Dismal Science. TNR. For the record, I like the Freakonomics blog, if only because they had the "Thugs watch The Wire" series.
Toward a New Theory of the Cost of Equity Capital. Aleph Blog. I don't understand this enough to say anything smart about it, but hopefully in 7 weeks I will be able to look down my nose at it with derision.
And, in the our "Local News Posts", So You're Leaving San Francisco, which is in reality more a love song TO San Francisco.