Daily Reading on the Financial Markets: 8/15/11
At Big Picture, Barry Ritholtz says the days CAPM, and “risk free return”, are over.
John Maudlin thinks the writing is on the wall, and it’s not saying happy things.
At 50x leverage, what could possibly go wrong with France’s Societe Generale?
Todd Feldman at Seeking Alpha believes no crisis is imminent, and now is the time to buy.