Farewell. The Flying Pig Has Left The Building.

Steve Hynd, August 16, 2012

After four years on the Typepad site, eight years total blogging, Newshoggers is closing it's doors today. We've been coasting the last year or so, with many of us moving on to bigger projects (Hey, Eric!) or simply running out of blogging enthusiasm, and it's time to give the old flying pig a rest.

We've done okay over those eight years, although never being quite PC enough to gain wider acceptance from the partisan "party right or wrong" crowds. We like to think we moved political conversations a little, on the ever-present wish to rush to war with Iran, on the need for a real Left that isn't licking corporatist Dem boots every cycle, on America's foreign misadventures in Afghanistan and Iraq. We like to think we made a small difference while writing under that flying pig banner. We did pretty good for a bunch with no ties to big-party apparatuses or think tanks.

Those eight years of blogging will still exist. Because we're ending this typepad account, we've been archiving the typepad blog here. And the original blogger archive is still here. There will still be new content from the old 'hoggers crew too. Ron writes for The Moderate Voice, I post at The Agonist and Eric Martin's lucid foreign policy thoughts can be read at Democracy Arsenal.

I'd like to thank all our regular commenters, readers and the other bloggers who regularly linked to our posts over the years to agree or disagree. You all made writing for 'hoggers an amazingly fun and stimulating experience.

Thank you very much.

Note: This is an archive copy of Newshoggers. Most of the pictures are gone but the words are all here. There may be some occasional new content, John may do some posts and Ron will cross post some of his contributions to The Moderate Voice so check back.


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Saturday, August 28, 2010

Pop Quiz for Money Managers and Other Big Shots

By John Ballard



This brilliant satire from Cassandra should become part of every investment training program. Here is one of a ten-question list.





8. As a lawyer for a major Government regulatory organisation, you investigated and filed charges against a major Investment Bank for market abuse and trading transgressions in which they were, as the saying goes, caught "red-handed". Yet you have negotiated a proposed settlement of the charges for a payment of a large (though not excessively painful) sum of money, but as is customary with such settlements, the accussed will "neither admit nor deny guilt". This is termed:


(a) Realization of a Positive Expected Return From a Regulatory Gamble

(b) No-Fault Financial Regulation

(c) Spoils of Rent-Seeking

(d) A Travesty of Justice

(e) A Bloody-Good Deal (for them)

(f) Not Biting the Hand...(That Will Feed You When You Leave the SEC)

(g) All of the above

Ten questions altogether.

Don't be sipping coffee over the keyboard as you read.

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