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I tuned out of this article as soon as I saw the name "Craig Pirrong." I've heard about him before in the financial sector - kind of a scummy, academic-for-hire
by lmg643 13y ago
I tuned out of this article as soon as I saw the name "Craig Pirrong." I've heard about him before in the financial sector - kind of a scummy, academic-for-hire. The kind of guy who gets really mad when you ask him about his paid consulting positions and whether it might affect his objectivity.
http://blog.themistrading.com/the-best-research-money-can-buy/ http://blog.themistrading.com/the-best-research-money-can-bu...
http://blog.themistrading.com/the-profane-professor-who-loves-the-hft/ http://blog.themistrading.com/the-profane-professor-who-love...
Anyway - reading anything in Bloomberg about "rent-seeking" or monopolies is the definition of irony IMHO. Always the other guys taking advantage, right?
- Sniperfish 13y agoBloomberg's research, news, and opinion columns do not always slavishly toe the mothership's line. When the parent is that large and diverse I imagine just expressing an opinion has a high chance of hypocrisy.