Quote of the week goes to JP Rangaswami, global CIO at investment bank Dresdner Kleinwort Wasserstein, who is quoted in a Silicon.com CIO roundtable on weblogs: "Blogging is the open-sourcing of ideas, allowing us to move closer to perfect markets for information where asymmetry has no value. We have had blogs at DrKW for a while now, and are experimenting with externalising them." It's both fascinating and not surprising that this echoing of former U.S. Supreme Court Chief Justice Oliver Wendell Holmes' landmark "marketplace of ideas" concept in support of open content markets comes not from some wild-eyed radical but from the CIO of a major global investment bank. Securities trading is capitalism in its most refined form, hating inefficiencies and favoring those with the most insight and the ability to exploit it. Being able to publish one's outlook on the markets without having to hassle with market data vendors is a nirvana that I-banks have chased through many content channels. Weblogs may not be the perfect technology for this dissemination, but their ubiquity and open standards make it easy for markets to peddle their intellectual property with direct transaction-oriented results. In a global marketplace for investment ideas, weblogs may be just the thing to create threads of an intellectual fabric that is geniune, immediate and immediately contributing to the bottom line of major institutions.