News Round-up: 19 Jul 2008 – weekend edition
Top Story
Why No Outrage? – James Grant, WSJ (A MUST read.)
Jim Grant: “Why No Outrage?” – Naked Capitalism (Yves’ take on the article, you’ve seen mine)
Financial Services
Banks responsible for the loss of trust – LA Times
A Call to Ease the Way for More Bank Mergers – DealBook
David Einhorn’s Gloomy Month – DealBook
Citi’s Dividend Debate: Here We Go Again – DealBook
Barclays and HBOS cash calls shunned – FT
Qatar now Barclays’ biggest shareholder – FT
Barclays’ investors snub £4.5bn open offer – Telegraph
Emerging Markets
Argentina drops disputed farm tax – BBC News
Spain
La morosidad sube en mayo tanto como en cinco años juntos – El País
Martinsa infló ya en 2006 sus fondos propios, según el informe del auditor – El País
Economy
Luxury market feels the pinch – FT
June Home Resales In California Slowest Since 1988 – Housing Wire
Why a used Civic still costs $16,118 – MarketWatch
Survival strategies for home sellers – MarketWatch
Retail Sales – What a Difference a Deflator Makes – Paul Kasrel, Safe Haven
Politics
Britain Reconsiders Borrowing Rules As Public Finances Weaken – WSJ
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