Credit Writedowns

News Round-Up: 9 Jul 2008

By Edward Harrison On Jul 9, 2008

Real economy

Why GM Should Embrace Bankruptcy – Market Movers

UK not OK – FT($)

Real world

Much of U.S. West Coast Under `Explosive’ Fire Threat – Bloomberg

Anglican Vote on Female Bishops Sparks Threat of Separation – Bloomberg

American Obesity – Market Movers

Can’t Keep the Weight Off? Maybe Leptin Is the Culprit – WSJ($)

Obit

John Templeton, Global Investing Pioneer, Dies at 95 – Bloomberg

Markets

Steinhardt Says Stocks Will Extend Drop on Banks, Oil – Bloomberg

Housing

Property squeeze spreads to Europe, says Savills – FT($)

Savills Drops the Most Since 2001 on Housing Slump – Bloomberg

Separating couples still living together due to credit crunch – Telegraph

Commodities

Output plummets at huge Mexican oilfield – FT($)

Oil Tumbles as Signs of Slowing Economy Spur Commodity Selling – Bloomberg

Money

Euro-Zone Credit Pricier Even Before ECB Rate Rise – Real-Time Economics

Lacker to Fed: Don’t Wait Too Long on Rates – Real-Time Economics

Bank of Canada signals worst of credit crunch over – National Post

Bernanke: If Fed Gets More Responsibility, More Power Needed Too – Real-Time Economics

Fed’s Lacker Says Gradual Recovery Should Prompt Higher Rates – Bloomberg

Politics

The Economic Policy of John McCain – Market Movers

When the Bloom is off Obama’s Rose – The Moderate Voice

VPs office pushed climate purge – WSJ($)

Government Spending and Inflation – Safe Haven

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Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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