Due to general malaise, lack of time, or what some might describe as a dearth of creativity, Blawgconomics often comes across interesting stories from the legal and economic worlds that never stimulate the penning of a complete post and thus never appear on this page.
This new column, a quick-hitting compilation of sorts, is an attempt to remedy this. Some may accuse me of pilfering (aka Viswanathan-ing) the idea from the much more popular Above the Law's Non-Sequiturs section. In the blawgosphere we prefer the term 'homage.'
Unfortunately, in searching for a name for the column, the aforementioned Non-Sequiturs lodged itself ever more firmly in the mind the more attempts to push it away were made. Luckily, inspiration came in the form of Snippets. Notably, the definition about small scraps and not small or insignificant people was intended....
- The 'Kagan For Scotus' campaign may hit another speedbump as the NRA unsurprisingly dislikes her liberal stance on the Constitutional rights of gunowners. However, this is yet another issue which is unlikely to make an overall difference in the confirmation process.
- Waddell & Reed Financial has been (fat?) fingered as the brokerage house whose trades sparked the 'Flash Crash' last week.
- Speaking of the Flash Crash, The Wall St. Journal has helpfully provided a guide on profiting on such volatile times in the future.
- Long-running legal drama Law & Order was cancelled due to low ratings. No word on how this might impact Sam Waterston's status as TD Waterhouse spokesperson.
- More from the WSJ; some of the Obama administration's recent comments and actions pertaining to the European debt crisis might be more self-serving than brotherly....US banks have big exposure to some of the European economies most at risk in a potential domino-effect situation.
- The FT does a great job perpetuating some national stereotypes about attitudes toward gold as it explains recent price volatility and short-term highs in the precious metal. They somehow missed the...ahem...golden opportunity to bring the Dutch into the conversation.
- Finally, though Your Editor prides himself on having at least some common sense and can claim decent grades in a few upper-level film courses in the past, he nonetheless missed the fact that Gordon Gekko was intended to be a villian until casually browsing IMDb. About a month ago. Unsurprisingly, great reviews of Wall Street 2: Money Never Sleeps from Cannes have left Blawgconomics nothing short of giddy...