TYLER DURDEN IS NOT A HOAX (COMMENT).

TYLER DURDEN IS NOT A HOAX (COMMENT). Dick Weisfelder and Nick picked up on the link in my post on rehypothecation to a post by Tyler Durden, whose picture on the blog looks like Brad Pitt. I completely missed that “Tyler Durden” is the name of the character that Brad Pitt plays in Fight Club, which is understandable because Fight Club is one of many markers that separate me from Nick’s generation. Dick goes farther and suggests that I have fallen for a hoax. It is jolly to think of a hoax about rehypothecation going viral. However, scrolling through the ZeroHedge blog shows that “Tyler Durden” is the nom de blog for one or more financial sophisticates. The nom de blog seems to have been chosen to reflect a certain attitude towards life and markets. Here is “Tyler Durden” on the diplomatic war between France and the UK that I posted on yesterday: “As for the idiotic pissing contest between the two countries with epic chips on their shoulders, the final appropriate outcome would be Moodys and S&P coming out and downgrading them both to junk, and even that would be optimistic.” The quote gives a flavor of the style.

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