Thanksgiving Roundup
A bondholder Thanksgiving: Garett Jones at Econ Log asks "When the federal government bought shares in the biggest banks, who benefited most: Shareholders or bondholders? According to co-blogger Luigi Zingales and U Chicago professor Pietro Veronesi, the answer is clear: bondholders. They estimate the total benefit to banks at $131 billion . . . . The Fifth Annual Rosenkranz Debate was held last Saturday during The Federalist Society’s 2012 National Lawyers Convention. The topic was “Natural Law Should Inform Constitutional Law” The advocates were Prof. Hadley P. Arkes (Edward N. Ney Professor in American Institutions, Amherst College) and Judge Alex Kozinski (Chief Judge, U.S.…