{"id":185,"date":"2008-01-29T10:42:07","date_gmt":"2008-01-29T17:42:07","guid":{"rendered":"http:\/\/blogs.law.harvard.edu\/cqtwo\/2008\/01\/29\/short-on-fear-long-on-clarity\/"},"modified":"2008-01-29T10:58:51","modified_gmt":"2008-01-29T17:58:51","slug":"short-on-fear-long-on-clarity","status":"publish","type":"post","link":"https:\/\/archive.blogs.harvard.edu\/cqtwo\/2008\/01\/29\/short-on-fear-long-on-clarity\/","title":{"rendered":"Short on fear, long on clarity"},"content":{"rendered":"<p>Roger Ehrenberg&#8217;s blog, &#8220;<a href=\"http:\/\/www.informationarbitrage.com\/\" title=\"Info Arb by Roger Ehrenberg\">Information Arbitrage<\/a>&#8221; is pretty much required reading on the <a href=\"http:\/\/www.informationarbitrage.com\/2007\/12\/alphabet-soup-a.html\" title=\"what's a SIV?\">sub-<\/a><a href=\"http:\/\/www.informationarbitrage.com\/2008\/01\/what-has-the-cr.html\" title=\"sub-prime crisis\">prime<\/a> <a href=\"http:\/\/www.informationarbitrage.com\/2008\/01\/the-depths-of-w.html\" title=\"sub-prime; how bad?\">meltdown<\/a>, amongst other issues &#8212; e.g., on the value of a <a href=\"http:\/\/www.informationarbitrage.com\/2007\/05\/13030_hedge_fun.html\" title=\"130\/30 hedging\">130\/30 long\/short portfolio<\/a> or <a href=\"http:\/\/www.informationarbitrage.com\/2008\/01\/how-to-lie-with.html\" title=\"on Ben Stein's latest column\">Ben Stein&#8217;s latest<\/a> column in the NYT.  In summary: things are bad but there&#8217;s no consipracy and the <a href=\"http:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=1074622\" title=\"Lo on the 130\/30 strategy\">130\/30 strategy<\/a> sucks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Roger Ehrenberg&#8217;s blog, &#8220;Information Arbitrage&#8221; is pretty much required reading on the sub-prime meltdown, amongst other issues &#8212; e.g., on the value of a 130\/30 long\/short portfolio or Ben Stein&#8217;s latest column in the NYT. In summary: things are bad &hellip; <a href=\"https:\/\/archive.blogs.harvard.edu\/cqtwo\/2008\/01\/29\/short-on-fear-long-on-clarity\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1116,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[552],"tags":[],"class_list":["post-185","post","type-post","status-publish","format-standard","hentry","category-money"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p8jQA6-2Z","_links":{"self":[{"href":"https:\/\/archive.blogs.harvard.edu\/cqtwo\/wp-json\/wp\/v2\/posts\/185","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.blogs.harvard.edu\/cqtwo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.blogs.harvard.edu\/cqtwo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/cqtwo\/wp-json\/wp\/v2\/users\/1116"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/cqtwo\/wp-json\/wp\/v2\/comments?post=185"}],"version-history":[{"count":0,"href":"https:\/\/archive.blogs.harvard.edu\/cqtwo\/wp-json\/wp\/v2\/posts\/185\/revisions"}],"wp:attachment":[{"href":"https:\/\/archive.blogs.harvard.edu\/cqtwo\/wp-json\/wp\/v2\/media?parent=185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/cqtwo\/wp-json\/wp\/v2\/categories?post=185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/cqtwo\/wp-json\/wp\/v2\/tags?post=185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}