News from around the web: 2009-07-28

  • Texting drivers 23 times more likely to crash

    Don’t do it!

  • Google Sells Stake in AOL, Loses $717 Million
  • Au pair lockar i sämre tider –

    Swedish article. Everyone wants to be an Au Pair now in this downturn.

  • Divorce Undermines Health In Ways Remarriage Doesn’t Heal
  • Women are getting more beautiful – Times Online

    But men are still as ugly as before

  • The Ghosts of Clintoncare – Ezra Klein

    Good historical narrative I read at the weekend.

  • A cautionary tale from China – FT

    A wild west story about business in China

  • The Recession Is Over! –

    This article is on the front cover of Newsweek. Should we look at it as a contrary indicator?

  • Wanted: Home for 17,000 tons of mercury – Scientific American Blog

    Some of this stuff has already been shipped overseas.

  • A quick turn of events in Latvia – FT Alphaville

    No political consensus could mean the next leg down.

  • Citi ‘milestone’ as Washington takes 34% stake – FT

    Citigroup converts government preferreds to common.

  • Bernanke defends bail-out package – BBC News

    This is Bernanke’s charm offensive, taking it to the people.

  • China warns banks over asset bubbles – FT

    Jawboning won’t be enough though

  • Secretary Geithner’s China Strategy: A Viewer’s Guide – Simon Johnson

    Johnson says undue deference to China s unwarranted, especially as they have taken on the risk in building a huge long dollar position. No one asked them to do so.

  • The End Of The End Of The Recession | zero hedge

    Must-read attached PDF on the macro picture in America

  • Man Without a Plan – Anna Schwartz

    Anna Schwartz does NOT believe Bernanke deserves re-appointment

  • The Great Preventer – Nouriel Roubini

    Roubini, like many other economists, supports Bernanke’s re-appointment

  • There is no easy way out for central banks – Wolfgang Munchau

    Despite what Bernanke says, the exit strategy is still unclear


    Distraction of the day: Tangerine

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