Monday, March 28, 2011

Not exactly the best & the brightest...

Next time someone tries to explain to you why Wall Street CEOs deserve to make so much BS. From Paul Krugman:

From the FT: stock in Berkshire Hathaway, Warren Buffet’s company, jumps every time Anne Hathaway, the actress, gets a lot of media play.

Why? The claim is that it’s the fault of robotrading algorithms, which now account for most of the market, and which sometimes rely among other things on trends in news coverage.

On the other hand...Anne Hathaway's breast are the best and brightest our country has to offer...

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