Craig Pirrong
Craig Pirrong's Latest Articles | 159
Snow(den) Job
Snowden pulled a couple of stunts in the last couple of days. The first was to release a document describing British and US successes in hacking into the communications... Read »
Dark Pools Under Assault
Dark pools are under a regulatory and legislative assault, in Europe, Canada, and the US. Scott Patterson wrote a long piece in the WSJ about FINRA’s scrutiny... Read »
If Senators Say Something “Stands to Reason” It Probably Doesn’t
A group of senators from western states, led by Diane Feinstein, have sent Gary Gensler a missive accusing the CFTC of violating the letter and spirit of Frankendodd... Read »
Tesla Motors (TSLA): Who Has the Squeeze Box?
The term “squeeze” is used rather imprecisely in financial markets. To me, the term means an exercise of market power in a financial market, usually a derivatives... Read »
Mr. Market Continues to Push TSLA on Its Hyperbolic Path-Up
My main issue with Elon Musk and Tesla is government subsidies. (An issue the WSJ shares, apparently. Though if commenter David Hoopes is right, they did not arrive... Read »
Tesla’s (TSLA) Wild Ride-At Your Expense
My main beef with Tesla Motors (NASDAQ:TSLA) is that it is a major beneficiary of government largesse masquerading as a free market success story. The company... Read »
Tesla Motors (TSLA): Shorts Have Been Bloodied, But They’ll Be Back
Electric vehicle manufacturer Tesla’s (TSLA) stock rocketed up last week after the company reported positive earnings and operating cash flow for the first quarter.... Read »
We’re from the Government and Here to Help You – Translation: RUN!
The Obama administration is planning on easing repayment terms for student loans: The White House proposes that the government forgive billions of dollars in student... Read »
Time and Space Advantages in Trading: Meat vs. Machines
The most recent controversy over HFT stems from this WSJ story about the CME. In a nutshell, computerized traders receive confirmations of their trades before information... Read »
Reinhart and Rogoff’s 90 Percent Fiscal Cliff: It’s Academic When You Count All the Liabilities
Krugman and others have been doing a victory dance, claiming that the Reinhart-Rogoff work on the relationship between debt and growth has been repudiated. Hardly.... Read »







