Insider trading or efficient market?

Those who took my Senior Seminar class may remember our discussion of corporate takeovers. We saw a video which includes a debate between M.I.T professor Lester Thurow and Rudy Giuliani (then U.S. Attorney) about whether an efficient market is enforceable or just an illusion.
Theory aside, Raj Ratharatnam now faces an eleven year sentence for insider trading.
http://dealbook.nytimes.com/2011/10/13/rajaratnam-is-sentenced-to-11-years/?partner=rss&emc=rss
from the New York Times

The continuing adventures of Groupon

Groupon is sure to be a textbook case for a long time.
Here's the latest on the company's long and winding road toward IPO, courtesy of DealBook:
http://dealbook.nytimes.com/2011/10/11/grouponomics-and-zyngametrics-but-few-sound-numbers/

Only the brave

Back on Sept. 2 my post was about the inability of Groupon to keep quiet during their IPO's quiet period. More emerges about Groupon and its financial performance prior to public launch. This should be interesting.
http://dealbook.nytimes.com/2011/10/07/appeasing-critics-groupon-revises-i-p-o-disclosure/?ref=business
from DealBook.com

I'm Shocked! Shocked, there was ever a question of Palin's running for president

Just ask Captain Renault. What thinking person ever believed Sarah Palin would run for president. There is much too much money to be made from relentless self promotion and Fox News.
http://www.npr.org/blogs/thetwo-way/2011/10/05/141094625/palin-says-she-will-not-run-for-president-in-2012-election?ft=1&f=1001
-from NPR and Rick

An economic solution from outside the (recipe) box from a professional foodie

A slightly brilliant idea about addressing the U.S. budget deficit and obesity simultaneously. Mark Bittman is a chef, NY Times contributor and now economic policy wonk.

http://opinionator.blogs.nytimes.com/2011/10/04/how-about-a-little-danish/?hp

NB (That is, Nota Bittman): Bittman has a very easy recipe for home made bread made together with Jim Lahey of the Sullivan Street bakery in NYC.

Handy guide to Rick Perry

If you haven't made up your mind yet about Rick Perry, (Really?) this chronicle may help.

from ProPublica:

http://www.propublica.org/article/our-reading-guide-on-gov.-rick-perry-and-his-record

Thank you Mr. Bartlett for your honesty.

While current Republican presidential candidates seem content to make statements without being bogged down by supporting data, it is refreshing to read a piece from an old school Republican who is willing to think objectively and not follow blind ideology.

http://economix.blogs.nytimes.com/2011/10/04/regulation-and-unemployment/?ref=business

Also see posts September 5, 8, 14 (Mankiw) and 21.