[Bubblesitter]

Communting by train does depend on your personal situation.

I’ve noticed that there has been much less congestion on the 5 in recent months, probably due to new HOV lane and higher gas prices (fewer drivers). Driving the 5 is more pleasant, albeit more expensive that earlier this year.

The option to commute by train is still a good hedge for crazy gas prices we saw over the summer. All it takes is some geopolitical event, e.g, Israel going after Iran nuclear facilities, and we’ll see a big spike in gas prices.

Bubblesitter

[Bubblesitter]

Communting by train does depend on your personal situation.

I’ve noticed that there has been much less congestion on the 5 in recent months, probably due to new HOV lane and higher gas prices (fewer drivers). Driving the 5 is more pleasant, albeit more expensive that earlier this year.

The option to commute by train is still a good hedge for crazy gas prices we saw over the summer. All it takes is some geopolitical event, e.g, Israel going after Iran nuclear facilities, and we’ll see a big spike in gas prices.

Bubblesitter

[Bubblesitter]

Communting by train does depend on your personal situation.

I’ve noticed that there has been much less congestion on the 5 in recent months, probably due to new HOV lane and higher gas prices (fewer drivers). Driving the 5 is more pleasant, albeit more expensive that earlier this year.

The option to commute by train is still a good hedge for crazy gas prices we saw over the summer. All it takes is some geopolitical event, e.g, Israel going after Iran nuclear facilities, and we’ll see a big spike in gas prices.

Bubblesitter

[Bubblesitter]

Communting by train does depend on your personal situation.

I’ve noticed that there has been much less congestion on the 5 in recent months, probably due to new HOV lane and higher gas prices (fewer drivers). Driving the 5 is more pleasant, albeit more expensive that earlier this year.

The option to commute by train is still a good hedge for crazy gas prices we saw over the summer. All it takes is some geopolitical event, e.g, Israel going after Iran nuclear facilities, and we’ll see a big spike in gas prices.

Bubblesitter

[Bubblesitter]

Communting by train does depend on your personal situation.

I’ve noticed that there has been much less congestion on the 5 in recent months, probably due to new HOV lane and higher gas prices (fewer drivers). Driving the 5 is more pleasant, albeit more expensive that earlier this year.

The option to commute by train is still a good hedge for crazy gas prices we saw over the summer. All it takes is some geopolitical event, e.g, Israel going after Iran nuclear facilities, and we’ll see a big spike in gas prices.

Bubblesitter

[Bubblesitter]

I am getting a bit nervous, this is looking like non-zero probability to trigger a “world upside down” scenario.

http://piggington.com/world_turned_upside_down

This is why I’m betting that in the end, the government will offer a bailout or “back-stop” of some sort.

There are 2 fundamental difference between Lehman and Bear Stearns. Bear Stearns had alot higher counterparty risk and their collapse was very quick and surprised many. Everyone knew Lehman was in very bad shape 8 months ago. What took so long to try to resolve this?

I supported the Bear Stearns bailout, I oppose the Lehman Bros bailout. The are similar beasts, however with different stripes.

Bubblesitter

[Bubblesitter]

I am getting a bit nervous, this is looking like non-zero probability to trigger a “world upside down” scenario.

http://piggington.com/world_turned_upside_down

This is why I’m betting that in the end, the government will offer a bailout or “back-stop” of some sort.

There are 2 fundamental difference between Lehman and Bear Stearns. Bear Stearns had alot higher counterparty risk and their collapse was very quick and surprised many. Everyone knew Lehman was in very bad shape 8 months ago. What took so long to try to resolve this?

I supported the Bear Stearns bailout, I oppose the Lehman Bros bailout. The are similar beasts, however with different stripes.

Bubblesitter

[Bubblesitter]

I am getting a bit nervous, this is looking like non-zero probability to trigger a “world upside down” scenario.

http://piggington.com/world_turned_upside_down

This is why I’m betting that in the end, the government will offer a bailout or “back-stop” of some sort.

There are 2 fundamental difference between Lehman and Bear Stearns. Bear Stearns had alot higher counterparty risk and their collapse was very quick and surprised many. Everyone knew Lehman was in very bad shape 8 months ago. What took so long to try to resolve this?

I supported the Bear Stearns bailout, I oppose the Lehman Bros bailout. The are similar beasts, however with different stripes.

Bubblesitter

[Bubblesitter]

I am getting a bit nervous, this is looking like non-zero probability to trigger a “world upside down” scenario.

http://piggington.com/world_turned_upside_down

This is why I’m betting that in the end, the government will offer a bailout or “back-stop” of some sort.

There are 2 fundamental difference between Lehman and Bear Stearns. Bear Stearns had alot higher counterparty risk and their collapse was very quick and surprised many. Everyone knew Lehman was in very bad shape 8 months ago. What took so long to try to resolve this?

I supported the Bear Stearns bailout, I oppose the Lehman Bros bailout. The are similar beasts, however with different stripes.

Bubblesitter

[Bubblesitter]

I am getting a bit nervous, this is looking like non-zero probability to trigger a “world upside down” scenario.

http://piggington.com/world_turned_upside_down

This is why I’m betting that in the end, the government will offer a bailout or “back-stop” of some sort.

There are 2 fundamental difference between Lehman and Bear Stearns. Bear Stearns had alot higher counterparty risk and their collapse was very quick and surprised many. Everyone knew Lehman was in very bad shape 8 months ago. What took so long to try to resolve this?

I supported the Bear Stearns bailout, I oppose the Lehman Bros bailout. The are similar beasts, however with different stripes.

Bubblesitter

[Bubblesitter]

An update Sunday morning.

I wonder if Paulson was expecting to work so many weekends when he took the job.

http://online.wsj.com/article/SB122139688846233147.html?mod=hpp_us_whats_news

I’m putting the odd of some sort of government bailout aka “backstop” at around 85%. The big banks already have too much exposure to bad mortgage debt and are facing further big writedowns.

Bubblesitter

[Bubblesitter]

An update Sunday morning.

I wonder if Paulson was expecting to work so many weekends when he took the job.

http://online.wsj.com/article/SB122139688846233147.html?mod=hpp_us_whats_news

I’m putting the odd of some sort of government bailout aka “backstop” at around 85%. The big banks already have too much exposure to bad mortgage debt and are facing further big writedowns.

Bubblesitter

[Bubblesitter]

An update Sunday morning.

I wonder if Paulson was expecting to work so many weekends when he took the job.

http://online.wsj.com/article/SB122139688846233147.html?mod=hpp_us_whats_news

I’m putting the odd of some sort of government bailout aka “backstop” at around 85%. The big banks already have too much exposure to bad mortgage debt and are facing further big writedowns.

Bubblesitter

[Bubblesitter]

An update Sunday morning.

I wonder if Paulson was expecting to work so many weekends when he took the job.

http://online.wsj.com/article/SB122139688846233147.html?mod=hpp_us_whats_news

I’m putting the odd of some sort of government bailout aka “backstop” at around 85%. The big banks already have too much exposure to bad mortgage debt and are facing further big writedowns.

Bubblesitter

[Bubblesitter]

An update Sunday morning.

I wonder if Paulson was expecting to work so many weekends when he took the job.

http://online.wsj.com/article/SB122139688846233147.html?mod=hpp_us_whats_news

I’m putting the odd of some sort of government bailout aka “backstop” at around 85%. The big banks already have too much exposure to bad mortgage debt and are facing further big writedowns.

Bubblesitter

[Author]

Posts