June 2009

If you thought the bailout of too big to fail institutions was a massive gift from taxpayers to captains of Wall Street, the news that TARP funds are being repaid should confirm your beliefs.  Just today the U.S. Treasury has agreed to…

As I have been indicating, even the most bearish of professional economists are now seeing a probable end to the recession later this year.  Paul Krugman goes as far as to say he wouldn’t be surprised to see the official end dated…

Supreme Court Delays Sale of Chrysler to Fiat - DealBook Blame Reagan for our financial mess? - Bill Fleckenstein "The actual offending cancerous legislation that kicked off the move toward extra reckless lending did involve then-Rep.…

Green shoots? How about a 'double dip' - Globe & Mail "One trigger for a relapse, some of the double-dippers say, is a likely clampdown on government spending and a hike in interest rates within the coming year. “The question is…

This is an interview in five parts via Morningstar on May 28th with the one-time reputed perma-bear Jeremy Grantham who has been sounding much more bullish of late (in a bear-market rally kind of way). Definitely worth a look. The five…

The real lecture begins about 5 minutes through.

I have not been doing my technology links recently due to time limitations. So I am running a special tech version of the links. Every story in today's links is a tech story except the last two. My favorite is the Best Downloads story…

From Charlie Rose’s site: “Reaction to President Obama's speech in Cairo with Mohamad Bazzi, Roger Cohen, David Ignatius and Robin Wright.”

Bank of Lincolnwood in Illinois is FDIC casualty number 37 this year. It is not very big.  Below is the FDIC press release: Bank of Lincolnwood, Lincolnwood, Illinois, was closed today by the Illinois Department of Financial and…

The payroll data this morning were pretty good given the job losses came in nearly 200,000 less than expected.  But further digging suggests the number is not nearly as bullish when parsing the data.  Below are a few data points.…