Infinite Guest

  • 08 Nov 2013 at 4:22 PM

Alternative Minimum

The following post is by Dealbreaker reader and commenter Infinite Guest.

For a long time, I used to go to work early. I worked downtown, alone on a nearly silent floor, and around dawn most mornings I took a coffee break or an early lunch, looking out the south windows on the streets coming fitfully to life and the glint of gold leaf as the rising sun stuck the Statue of Liberty far below. During the next few hours the building and the district would fill up, noisy, arrogant and anxious, thousands of similar but distinct agendas executed upon with ferocious intensity only superficially restrained by the sober business suits and starched shirts we all used to wear back then; but dawn belonged to me and Liberty, and as much as I dreaded taking a car to work in the cold dark to suffer over minuscule discrepancies, the identification of which furnishes my living, I looked forward to seeing her every morning. I could step away from whatever crisis was ongoing in London, hands off the keyboard, eyes off the screens, and feel free, if only for a few moments, and enjoy my freedom. Read more »

  • 23 Jan 2013 at 4:15 PM

Rarefied Air

The following post is by Dealbreaker reader and commenter Infinite Guest.

A few years ago I was fortunate to attend a lecture given by Paul Wilmott challenging the wisdom of modeling derivatives on the assumption that there is no arbitrage. He floated an alternative approach (as but one of many possible heterodox approaches) outlining the pitfalls therein – chiefly the difficulty of convincing investors to bear with you until your thesis proves out – and toward the end he took questions. Some brave soul asked him, “Where does the money come from?” Read more »

  • 02 Sep 2011 at 12:30 PM

Karl Marx Was Wrong

The following post is by Dealbreaker reader and commenter Infinite Guest.

First Nouriel Roubini, soon afterward George Magnus, and since then the vast and vacuous consensusphere have lately given currency to notion that Karl Marx was right after all. “Marx was right” is just the sort of opinion a person might venture late at night during a navel-gazing undergraduate debate, or at a party — if he needed some privacy– or perched on a soapbox in Times Square. A well-heeled literary critic might work it up into a sly, chatty, modestly successful book. It’s difficult to accept at this late date that any serious thinker actually believes that Marx was right. Belief in Marxism serves no one but Marxist thugs. Marxism is dead and buried, and deservedly so, because Karl Marx was wrong. Read more »

  • 28 Mar 2011 at 11:02 AM

DB At The Movies: Margin Call

The following post is by Dealbreaker reader and commenter Infinite Guest.

“Margin Call” is not “Wall Street,” “Boiler Room,” or “Glengarry Glen Ross.” It’s not trying to be any of those. There are no fistfights, car chases or explosions. There are no dick jokes. Strippers, hookers and blow are alluded to, but remain off-screen. Despite the short time line and urgency of the situation, nobody races against a literal ticking clock. And the kind of person who hates “Star Wars” because sound doesn’t travel in a vacuum or who gave up on “Full Metal Jacket” when Pyle somehow managed to get a loaded gun off the range will not be able to sit through “Margin Call:” it requires some suspension of disbelief.

On the other hand, if you want to spend two hours reliving the feelings of despair and helplessness from 2008, this might just be your movie. Read more »

  • 04 Oct 2010 at 1:54 PM

DB At The Movies: Inside Job

The following post is by Dealbreaker reader and commenter Infinite Guest.

Had Travis Bickle had made a good-looking documentary about the perils of deregulation, he would have made “Inside Job.” Sony Pictures Classics gave auteur Charles Ferguson complete creative and editorial control over his sophomore effort. It shows. Read more »

  • 09 Aug 2010 at 12:45 PM

Money And Votes, Checks And Balances

The following post is by Dealbreaker reader and commenter Infinite Guest.

When Congressman Barney Frank said “money is influential, but votes will kick money’s ass any time they come up against each other,” he wasn’t referring to votes on the floor of the House and Senate, nor to the money our elected officials are paid, nor the money they tax and spend. Those votes and that money are never in conflict, but they should always be. Read more »