links for 2007-11-17

"New research from the CBE shows that investing with a conscience isn’t a losing proposition." I've read research that said just the opposite...that investing with a social conscience is worse financially.

So far, Japanese officials are having a tough time understanding what makes New York and London tick.

"If [President] Bush changes the rhetoric and says the old [consuming countries] and the new [producers] should work jointly together to find a solution, then prices would fall $30" Except he's an oil man, so he won't.

This is fascinating. Porsche makes 3 times as much on options trading as it does on cars. So it's really a sort of hedge that happens to have a large garage.

"By ignoring valid Congressional subpoenas, Ms. Miers and Mr. Bolten are dangerously challenging Congress’s power — and the careful system of checks and balances established by the founders." I love how the Times is just realizing this?!?