News Tidbits: 5 Aug 2008

By Edward Harrison On Aug 5, 2008

Riches to Rags – NY Times (article about Kevin Phillips’ Bad Money — great book)

Credit crunch: The blame game – BBC News (Interesting compilation of pundits’ take on who caused the crunch)

Wary investors see banks as cheap – BBC News (I think some banks are not cheap — they are going to zero.)

Repel the calls to contain competitive markets – FT (Self-serving Greenspan acts as pundit)

Only luck can save America’s economy – Clive Crook, FT

Northern Rock loses $1.2 billion as bad debts surge – MarketWatch (Was Northern Rock insolvent because it made bad loans or did it suffer poor liquidity?)

financial news

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.

Fiscal policy limited in the UK and the US

Unrealized gains in wealth

Comments are closed.