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Lunchtime Links: Flip a coin for a hedge fund job
By Sarah Butcher
A US quantitative hedge fund that's advertising for software developers is asking for applicants to toss a coin 50 times, record the sequence of results, and...

Lunchtime Links: Is the worst over?
 
Could it be the credit crunch is abating? Until Wachovia spoiled the party this afternoon with revelations of a record $8.9bn loss (Bloomberg),...
Lunchtime Links: Morgan Stanley and Dresdner left holding the HBOS baby
 
It’s a darkish day for Morgan Stanley and DrK, which are stuck with £3.5bn of HBOS stock that investors didn’t want. Fortunately, they’ve lined up a...

 
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The likelihood of writedowns spreading to corporate debt is:
Very, very low: 4.9%
Lowish: 26.2%
I don't know: 18.6%
Very high: 32.4%
Very, very high: 17.8%
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