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Search: Posts Made By: benben
Forum: Diavlog comments 03-30-2010, 03:02 PM
Replies: 58
Views: 22,939
Posted By benben
Payday Lending

The discussion around payday lending is interesting. I did not realize that 8-10% of income for the poor is eaten up by late fees, reconnect fees, payday loans etc. This is significant.

It seems...
Forum: Diavlog comments 12-18-2009, 02:20 PM
Replies: 107
Views: 21,658
Posted By benben
Re: Chester Arthur Territory (Timothy Noah & Megan McArdle)

I always thought Major Deegan was the guy Sargent Shriver reported to.....
Forum: Diavlog comments 09-20-2009, 02:08 PM
Replies: 21
Views: 8,074
Posted By benben
Re: Global in Life, National in Death (Felix Salmon & James Kwak)

Ledocs asked:



The best example of this is probably the LBOs that have gone bankrupt: Mervyns, Linens and Things, etc. They were levered up for the purchase but eventually unable to service the...
Forum: Diavlog comments 09-19-2009, 05:23 PM
Replies: 21
Views: 8,074
Posted By benben
Re: Global in Life, National in Death (Felix Salmon & James Kwak)

Iím not sure that the argument is which market (equity or bond) is more efficient necessarily. There is obviously plenty of inefficiency in both. The less ambitious claims I would make, and what I...
Forum: Diavlog comments 09-15-2009, 02:05 PM
Replies: 21
Views: 8,074
Posted By benben
Re: Global in Life, National in Death (Felix Salmon & James Kwak)

Ok, I'll stick up for Felix here. Figured he'd show up to explain but looks like it's not the case. He would no doubt do a better job, but I'll give it a shot.

I in no way think Felix told a...
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