Tweets of the week

Tweets of the week (June 22, 2009)

Been on the road some with limited internet access, so this will be a bit unorganized and shorter...

PlanetMoney

1. Best NYT business article today in sports section: Golfers hurt themselves by playing it safe /lc http://snurl.com/k8azv
2. Looks like deflation might not be so scary a threat after all, at least according to the Fed /mk http://bit.ly/1ahpzZ
3. Brand new podcast: 5 takes on Obamas regulation reform. /jg http://snurl.com/kburp
4. AIG wins the prestigious Worst Company in America Award, the Golden Poo /mk http://bit.ly/PDnhO

WayneMarr

1. #SSRN East Meets West: A #Cross-Cultural Comparison of #Charismatic Leadership Among #Canadian and #Iranian #Executives http://bit.ly/P4oa9
2. #SSRN What Should #GAAP Look Like? http://bit.ly/LzLP4
3. Blog: "Return Factors" GOOD SUMMARY OF "CASE CLOSED" By Bob Haugen http://tinyurl.com/mbeq5s
4. #CFO: Will the New #FASB Code Change #Accounting? http://tinyurl.com/nsljgv
5. #SSRN - #Pricing #Model Performance and the Two-Pass Cross-Sectional #Regression #Methodology http://bit.ly/lWuJf
6. NBER: Do Multinationals or Domestic Firms Face Higher Effective Tax Rates? http://tinyurl.com/lohlmy

WestPan

1. RT @CatoInstitute: Paul Krugman's gets his history wrong. Very wrong. #FAIL http://bit.ly/JrKUx @nytimeskrugman @PaulKrugman
2. RT @leahita A Recent History of the US Economy! Truly enlightening! http://tinyurl.com/ln5o9o #tcot #liberty #C4L (via @codeezra)
3. Orwell's Time-Tested Warnings By Jeff Jacoby http://ff.im/-4iCnn (via @HighPlainsBlogr)
4. Protectionism, buying only from your immediate kin , i.e. Buy America, China, Canada, like incest, breeds weak-anemic offspring/economies.
5. Those who can make you believe absurdities can make you commit atrocities. - Voltaire, rationalist & satirist (1694 - 1778)

Others:

clusterstock Goldman Prepares To Pay Biggest Bonuses Ever http://bit.ly/478sk

clusterstock The Moneyball Movie Gets Scrapped http://bit.ly/MleYP

EverydayFinance Wealthy Nations Investing in Africa. TIME mag http://bit.ly/xuql3

EverydayFinance List of all bank failures to date in 2009 CNBC: http://www.cnbc.com/id/3104...

Eco_Feed: Stocks Cheap? Don't Be A Fool: Fund manager John Hussman looks at stock valuations a few different .. http://cli.gs/mbTB1X

SimoleonSenseDaily Behavioral Bias: The Issue Of Framing: Bias: Framing Quick Definition:(Via Wikipedia & Behavioral Fina.. http://tinyurl.com/mnh88s

diane1859: The fightback against 'Nudging' begins - just found fab new paper dissing fashion for behavioral economics, at http://snurl.com/knuqs

Convertbond Too big to fail? I say too big to succeed! 4 biggest US banks control 70% of all assets held by US banks Vs < 50% in 2000! #paulson #economy

Convertbond Lee Iacocca says the only way to get the US auto industry back to health is to take the keys away from the #government $F GMAC Rescap

mises The Deflating Bubble: The residential meltdown is nowhere close to being over. There is reportedly a million-hou.. http://tinyurl.com/nvzfv4

thecorplibrary New blog post about "The Future of Corporate Reform" conference: http://is.gd/14C1t #tclconference

publicoffering Eric Johnson comments on behavioral economics making an appearance in policy - regulation as intelligent, not intrusive http://bit.ly/6glDC

jimmahar Interesting interview: Geithner by @terrymoran (not T$). Discusses regulation, recovery, and the Fed. http://tinyurl.com/lu44hu

kevinlacroix The Boardroom Guide to Litigation -- analysis of legal climate in all 50 states http://bit.ly/Vi7HL


Some of little finance content, but:

allafrica Uganda: All Citizens to Get Free Mosquito Nets: http://allafrica.com/storie...

allafrica East Africa: Al-Qaeda Threatens Peace in Region: http://allafrica.com/storie...

KaztheProf If we want to reduce the cost of government then it starts with you...the more we do the less the government will think it has to do!!!

Tweets of the week

Best Tweets of the week

Some of my favorite tweets from the past week in no particular order:

Planetmoney

1. This administration forecast for solar surprised me -- you can barely find it on the chart /lc http://snurl.com/jp2fs
2. The solution to the financial crisis? We have to be more boring: http://bit.ly/IR7SU
3. To continue your Chart-y Friday, a chart of economic growth across income distribution. Courtesy of @freakonomics /mk http://bit.ly/PED15
4. More fun charts! Comparing the economies of NAFTA countries /mk http://bit.ly/SLw6S
5. Italian officials seize $134.5 billion in U.S. bonds from two Japanese nationals. Likely fake, but unconfirmed /mk http://bit.ly/RCz7a
6. Took out a mortgage in 2007? There's a 20+% chance you'll default on it says FHA. Thanks to @ananelson for the idea /mk http://bit.ly/A0uBL
7. LA Times:House prices drop 84% in outlying areas of CA. Now cheaper to buy than was in 1989: http://su.pr/1hZ0q1 (RT @ericabiz, et al)
8. Indicator: Molson cuts free beer (or $1300/person) from retiree's pensions to save $1 million a year. /mk http://bit.ly/88DxJ
9. Intern Matt, Canadian, says he's never heard of "kickball." Apparently they call it "soccer baseball" up there. I feel sort of betrayed /lc
10. The official rules of the amazing sport of soccer baseball, brought to you by the City of Toronto /mk http://bit.ly/glgh4

Simeonesense: Miguel continues to find amazing content!

1. How psychological biases can make a mess of our financial decisions.: Here’s a good primer on behavioral f.. http://tinyurl.com/n8tszo
   
2. Video: Michael Lewis On The End of Wall Street: I just found this Michael Lewis talk . Do not listen to the fir.. http://tinyurl.com/kqnvb3
3. Video: The Drunkard’s Walk: How Randomness Rules Our Lives: Awesome video (via Cal Tech)…... http://tinyurl.com/mmymg9
4. Daily Behavioral Bias: Illusion of Control: I have decided to start posting a daily behavioral bias and it’.. http://tinyurl.com/lcnoa8
5. Daily Behavioral Bias: The Representative Heuristic: Bias/ Heuristic: Representative Heuristic Quick Definition .. http://tinyurl.com/nfufjc
6. Daily Behavioral Bias: Overconfidence: Bias: Overconfidence Definition: “People are overconfident. Psycho.. http://tinyurl.com/nx77b2
7. Remembering Peter Bernstein: Peter Bernstein recently passed away. He was one of my favorite writers I read all .. http://tinyurl.com/np3cg

Clusterstock

1. First Teaser For Michael Moore's Wall Street Movie http://bit.ly/XpQ9v
2. Hey New York, Here Comes The Housing Bust http://bit.ly/p0eg6
3. Houses More Affordable Than Any Time Since The 1960s http://bit.ly/DgUOQ
4. Inflation Will Save Us! Inflation Will Save Us! (1933 Propaganda Film) http://bit.ly/IztSO
5. CHART OF THE DAY: How Many Big Macs Does A Barrel Of Oil Buy? http://bit.ly/ERHuc
6. Minimum Wage Hike Coming At The Worst Time Possible http://bit.ly/MdfPw
7. Ron Paul's "Fed Transparency" Bill Gets Majority House Support http://bit.ly/182dP9
8. 10 Things That Could Still Go Wrong With The Economy (SLIDESHOW) http://u.mavrev.com/9zur
9. Report Exposes Federal Reserves $2.1 Trillion Bailout Balance Sheet http://bit.ly/uMTlf
10. Nassim Taleb's Big Idea: There's Too Much Debt Out There http://bit.ly/17ccre

WayneMarr (give him a break, he was on vacation for a few days but still had a ton of great posts!)

1. Do Environmental Regulations Cause Firms to Exit the Market? ... http://bit.ly/HilRy
   
2. Uninsured Americans vs. Insured Canadians: Who is More Satisfied with Their HealthCare? http://bit.ly/EP696
3. SSRN Calculating the VIX in #Excel http://bit.ly/fGhCZ
4. Tax: States with Low #Beer Taxes Have More #Breweries [causality?] http://tinyurl.com/lxaurq
5. HBS Blog: Three #Reasons Why Your Resume Ends Up in the Discard Pile job -- GOOD POST http://tinyurl.com/mwj2jk
6. New York Fed: Why Did #FDR's #Bank Holiday Succeed? http://tinyurl.com/le2n6g

Columbia_Biz

• Ideas at Work: Prof. Brett Gordon looks at @intel & rival AMD to see if competition really begets #innovation: http://bit.ly/8xE1g

(answer? Not always!)

HarvardBiz

1. The Daily Stat: Education's Effect on Personal Finance http://bit.ly/4HHlq
   
2. Audio Debate: Are Executives Paid Too Much? http://bit.ly/182kb
   
3. Can We Please Stop Saying the Market is Efficient? http://u.mavrev.com/a2ud
   
4. Peter Bernstein's Lasting Lessons http://bit.ly/g7Maf
5. (Good) CEOs Are Underpaid http://bit.ly/250S1
   

publicoffering

• Andrew Umans '10 blogs about #microfinance and a S&L co-op in Ruhiira, Uganda: http://bit.ly/oYsND
• Does doing good make you more attractive? Yes, it does, so get volunteering! Story w/ research from CBS's Stephan Meier http://bit.ly/qGnBN

Mises:

1. Why I Expect Serious Stagflation: When doing interviews for my new book on the Great Depression, a natural quest.. http://tinyurl.com/kq2ekw
2. Dead Banks Walking: It's widely acknowledged that hundreds if not thousands of banks are on the ropes and just w.. http://tinyurl.com/kjo24t
3. Response to the "Market Failure" Drones: Now that we're living through the bust, on the other hand, many people .. http://tinyurl.com/km6s5h

Miscellaneous

• WestPan RT @Convertbond: Paul Volcker, "not an environment in which inflationary pressures are likely for some time to come" http://bit.ly/h3dYJ
• EverydayFinanceSome stats from BusinessWeek on auto industry-interesting. US only 3% global mkt-Japan, Gmy each close to 40% http://bit.ly/pcCRP
• researchpuzzler allaboutalpha looks at research showing alpha declined as hedge fund AUM and fund nos. rose, reversal at hand? http://bit.ly/vzz2X $$
  
• CanWireAre we at Peak Oil? - http://tweeting.ca/0hp (Economist.com)
• Footnoted SEC's Breheny says SEC rules require comp committees to be independent, but independence measure pretty broad #comphearing

• Lura_Forcum 7 Questions for Richard Posner at the Economist blog: http://is.gd/TbNy judicial empathy, behavioral economics, stimulus spending, etc.

• KevinLacroix--New German exec comp law requires execs to pay 1.5% of annual pay toward D&O insurance http://bit.ly/10KkJL (HT @kranenburgesq)

• Kiva So far today: 866 loans have been made on Kiva.org to US entrepreneurs and $29,700 has been lent to support US businesses!
• Jimmahar (yeah me!) Cool post tying together Time's Are Stocks Still Good for the Long Run? w/ stuff from @zbodie et al. http://cli.gs/WJ3R85
• TonyWeaver: New GM chair: "I don't know anything about cars" wonderful.GM not car company anyways,it's a healthcare provider& pension fund

A funny tweet. MikeVaccaro (a SBU grad btw): If Dave Eiland offers no other advice to Joba he must tell him this: "For God's sake, stop watching Wang pitch."

While not a tweet (yes I did tweet it), please read the following post and if you can, make a donation in Jonathan's name.

And I would be remiss if I did not at least mention some of what was going on in Iran. Good luck. I put together a link for my family and friends to keep up with it. Here it is if it helps.

Best tweets of past week

Some of the best tweets (or at least my favorites) I have seen this week (not all are finance related)

Wayne Marr is simply amazing. Has so many interesting tweets he may personally be the cause of my total lack of productivity some days. But in a good way :) A few of his tweets:

1. Was there Really a #Hawthorne Effect at the Hawthorne #Plant? An Analysis of the Original Experiments http://tinyurl.com/oznr2u
   
2. New York Fed: Dudley: A Preliminary Assessment of the TALF http://tinyurl.com/qpy8xg
3. #SSRN #HedgeFunds, #SystemicRisk, and the Financial Crisis of 2007-2008: Written Testimony, Andy Lo, MIT http://bit.ly/SiltW
4. #SSRN Miraculous #FinancialEngineering or #Toxic #Finance? The Genesis of the U.S. #Subprime #MortgageCrisis .. http://bit.ly/cNzEN
5. #SSRN - What Drives #Channel Choice in #Grocery #Shopping? http://bit.ly/Dr93A
6. #NBER - Why do #Institutions of #HigherEducation Reward #Research While Selling #Education? http://tinyurl.com/pnczbj
7. #CorporateGovernance and Market #Liquidity http://bit.ly/iL5FQ

Tweets from SimoleoneSense

1. Video: NYU Professor On Understanding The GM Bankruptcy: Its about time I posted a Charlie Rose interview. Video.. http://tinyurl.com/pot2cg
2. Attention! Listen to Miguel Barbosa Interviewed By Real Great Stories.Com: I was recently interviewed on the Rea.. http://tinyurl.com/q2f92m
3. Bank Failures & The Deposit Insurance Fund: Article on FDIC, reserve ratios, & bank failures. Click Here To .. http://tinyurl.com/lztdut
4. Weekly Wisdom Roundup #30 (Links You Don’t Want To Miss): If you like these weekly roundups Irecommend sig.. http://tinyurl.com/noar5r

Tweets that are definitely worth reading from @Mises:

1. Cars and Government: Bad Mix: The former Car Czar of Romania, writing in the WSJ, talks about his experience in .. http://tinyurl.com/neq4mj
2. Bad News for Our Money: Suppressing market interest rates to the lowest level possible seems to have become a ke.. http://tinyurl.com/qvf45r
3. Defining the Extent of the Market: the Whole Foods Case: Anyone is a monopolist if the market is defined narrowl.. http://tinyurl.com/nga79b
4. Fed Cannot Withdraw the Money: The Fed has purchased assets at above-market prices, temporarily expanding the mo.. http://tinyurl.com/loxomp

Tweets from @HarvardBiz

1. Why GM Failed http://bit.ly/19GYvu
2. Management Tip: How to Combine Creativity and Results http://bit.ly/FzjGI
3. Could GM Factories Reinvent Themselves Now as They Did in 1942? http://bit.ly/305BNc
4. The Daily Stat: An Expanded Role for Finance http://bit.ly/BlLQN
5. Do You Get Paid for Your Time? http://bit.ly/UrPJ5
6. Our Approach to Finance http://bit.ly/sxI87
7. Never Let Your Ego Stop You from Learning http://u.mavrev.com/66wm
8. How to Write a Resumé That Doesn't Annoy People http://bit.ly/qwPeD

Some Tweets from @Mashable

1. Mint Takes its Personal Finance Tools to My Yahoo http://bit.ly/Hapx9
2. Time Magazine Explains Twitter - http://bit.ly/1TquF
3. Congressman Uses Wisdom of Crowds to Redesign Website - http://bit.ly/kFbDo
4. Google Squared: Your Search Results in Spreadsheet Form - http://bit.ly/17t4gE
5. TwitDoc: Drag and Drop File Sharing for Twitter - http://bit.ly/1BOaa
6. If you're new to Twitter, our Twitter how-tos & resources section is the place to start: http://bit.ly/163Pmp

Two news items from @CanWire

1. Microsoft considers moving jobs offshore under Obama tax plan - http://tweeting.ca/0b7 (Bloomberg.com)
2. Steve Jobs returns from sick leave - http://tweeting.ca/0b8 (Telegraph Newspaper)

Assorted other tweets

• @researchpuzzler a look at $GDX versus $GLD over the last year http://tinyurl.com/m5k4w9

• @robthetechguy Tech Crunch: Google Finance Sheds Its Beta Label Three Years After Launch; Still Can’t Touch Yahoo http://bit.ly/lA72T

• @MilkenInstutute: Milken Institute proposal to fix the U.S. housing market - homeowner principal forgiveness vesting plan - FT.com http://tinyurl.com/kw9uq7

Less Finance Related

• From @economicwoman: Reading minutes, I have to wonder if UN agencies would benefit from some artificial scarcity of meetings. Maybe a system of tokens?

Wow. Great idea! I wonder if SBU (where I teach) can do the same!

• From @climateproject: climate crisis: share your solutions http://bit.ly/N5PkmBTW you can also see what others submitted here.

• From SimoleonSense: Breathtaking Videos Of Human Impact On The Planet - The Earth From Above:: Interesting video from one of the bes.. http://tinyurl.com/plslqj

• From @Lura_ForcumA great article on applying MBA skills to development work in Africa -- featuring Kelley alum Khary Dickerson: http://is.gd/PgLg

• From @velostreamPhilanthropic Cycling... catch the bug. http://bycride.org
  

and then one from me (via BonaResponds)

• @BonaResponds One of the things I like about Olean, just waited in short line of traffic. The hold up? two dogs walking down middle of the street :)