Links: 2009-07-13

  • History suggests it could be decades before the dollar is dislodged – Roger Bootle

    "China’s central bank governor has gone so far as to suggest that the dollar’s role as a reserve currency helped to bring about the current financial crisis by forcing countries with growing reserves to channel them into the US markets, where they provided the finance for the bubble, with ultimately catastrophic results."

  • Fiscal Policy: "The Right and the Obvious Thing To Do" – Economist’s View

    Obama knows full well they got it wrong. Why not admit this?

  • No Charisma? Don’t Worry, You Can Still Be a Leader – TIME
  • Obama Checking Out Girl at the G8 Summit? God Save the Manipulative Internet
  • Does Stock-Market Data Go Back 200 Years? –

    No. And Jeremy Siegel is looking discredited

  • Tim Geithner, Employee of Goldman Sachs? – Barry Ritholtz

    Paul Craig Roberts, a conservative former Treasury official, gives his opinion on bailouts, government and China.

  • CIT Hires Bankruptcy Specialist Skadden as Bond Access Wanes –

    is this Obama’s Lehman Brothers?

  • Lloyds braced for £13bn writeoff – Times Online

    Is this old HBOS or old Lloyds? My bet is HBOS

  • Who Said Economists Didn’t See The Crisis Coming? – Edward Hugh

    Quotes from Larry Summers circa 1990

  • Schwarznegger to Obama: Watch and Learn – Marshall Auerback

    A very important post. California may be creating a currency.

  • "Are Depressions Necessary?" – Economist’s View

    No. But are recessions? In my view, the are endemic to capitalism.

  • How to Win Friends and Influence People – James Kwak

    Good post on the finance blogosphere network

  • Cheney Is Linked to Concealment of C.I.A. Project –

    The Central Intelligence Agency withheld information about a secret counterterrorism program from Congress for eight years on direct orders from former Vice President Dick Cheney, the agency’s director, Leon E. Panetta, has told the Senate and House intelligence committees, two people with direct knowledge of the matter said Saturday.


    Distraction of the Day: Scene from the film “Bruno”

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