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Entries from March 2009

InterOil from the boards 11, March 25

March 25th, 2009 · 1 Comment

Bit of a dry spell lately, but still a few worthwhile comments..

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Tags: IOC · The best from the boards

Remarkable! 7

March 25th, 2009 · No Comments

The Kindle already surpassed, who needs fiber optic cables into the home, explaining how the Geithner plan works, the real forces behind women’s liberation, and better cut down on that red meat consumption, amongst other things..

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Tags: Remarkable

Could Krugman be wrong?

March 24th, 2009 · 1 Comment

This is actually a case where we hope so, but Brad DeLong, himself a respectable economics professor and Krugman admirer seems to think Krugman is too critical of the Geithner plan.

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Tags: Credit Crisis · Public Policy

Is the political system captured by big finance?

March 23rd, 2009 · 1 Comment

For a year, we’ve argued that sloppy or downright bad regulation, brought by what we called market fundamentalism (the belief that markets regulate themselves) has been the mayor reason behind the crisis. Some go further than that, a lot further…

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Tags: Credit Crisis · Public Policy

The biggest natural gas well in the world..

March 23rd, 2009 · 8 Comments

InterOil (IOC) is a Canadian integrated (exploration assets, refinery, near distribution monopoly) located in Papua New Guinea (PNG). After having struck two earlier profusely flowing natural gas and liquids wells (flowing at 102 and 105MMcf/d respectively), they hit an absolute killer with Antelope1, which flowed at a whopping 382MMcf/d..

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Tags: IOC

Temporary bank nationalizations, here’s another reason why

March 22nd, 2009 · No Comments

We have provided plenty of reasons why this would be the most efficient policy option, but just to find out and control what is happening with all that bail-out money would be reason enough. Obama is getting this more wrong by the minute.

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Tags: Credit Crisis · Public Policy

Implicating abusive naked shorting in the financial crisis

March 22nd, 2009 · 1 Comment

The evidence increases that naked shorting has played at least some role in the market fall last year. Four our featured company, InterOil, this is also very important, because it has been on the receiving end of this as well…

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Tags: Short Selling

Bank plan falls short again..

March 21st, 2009 · 1 Comment

After all the right moves from the Fed, the Geithner plan is, well, not so good…

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Tags: Credit Crisis · Public Policy

This really is curious..

March 20th, 2009 · 5 Comments

Despite the crisis of unprecedented magnitude, it’s politics as usual in the US..

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Tags: Public Policy

Dollar down, more to go?

March 20th, 2009 · No Comments

It’s a law of supply and demand, if more are created so supply increases, it’s price should move down, right? Well…

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Tags: currencies · Public Policy