Analytical Fiction

No, not a post on Kristeva (although you might call it one on American Pragmatism). Rather -- and this is a little cruel, so of course I am going to do it anyway -- a link to a series of embarrassing pictures showing Citi's research call on the broker/dealers and their actual performance. It's not pretty, but then trying to make short term calls on the markets rarely is. That's my excuse for Lehman being off 6% today, and I am sticking to it...