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Daily life in Japan is punctuated by mind-boggling encounters with gross inattention to or tolerance of clearly excessive, unnecessary, easily reducible costs that are, in any case, being incurred and must at some point be paid for.
FORBES: Japan's Commercial Launch Industry Needs a "Cost Killer"
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Whatever Avigdor Lieberman's drawbacks may be, they clearly don't include excessive worship of the international community's taste for opulent statecraft or a desperate desire to be loved by Europe.
CENTERFORSECURITYPOLICY: Israel's opening to China
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But if the Fed was ever really serious about unwinding excessive leverage, the time had clearly arrived.
FORBES: Bernanke: 60 Minutes, 2 Big Lies
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It is too soon for a definitive autopsy on MF, but excessive leverage and proprietary bets were clearly to blame.
ECONOMIST: An old hand on Wall Street is crushed by a bet on Europe
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Given their excessive preference for calls, options traders are clearly expecting another Street-beating report tomorrow morning.
FORBES: Sirius XM Calls Seriously Popular Ahead of Earnings
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While fundamental factors clearly played a role in driving down house prices that were at excessive levels two years ago, we have argued in a paper (to be published in the Berkeley Electronic Journal of Economic Analysis and Policy) that in most markets house values are today lower than what is consistent with the average level of affordability in the past 20 years.
WSJ: Low-Interest Mortgages Are the Answer
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Bigelow and the cinematographer, Greig Fraser, make fluid but firm use of a handheld camera, without excessive agitation, so that you feel pitched into the middle of things but also see clearly what you need to see.
NEWYORKER: Dead Reckoning