News from around the web: 2009-08-07

  • On why I can’t get in to see my doctor – James Fallows

    Being in Canada, I am interested in these stories.

  • FDIC: Failed Bank Information – Bank Closing Information for Community National Bank of Sarasota County, Venice, FL

    Failed bank 71. Assets of $97 million

  • FDIC: Failed Bank Information – Bank Closing Information for First State Bank, Sarasota, FL

    Bank failure 70. Assets of $463 million.

  • Freddie Mac Reports First Profit In Two Years –

    Net income of $768 million is leagues better than Fannie

  • Busted: Statue’s a Dead Ringer for Jacko | NBC Chicago

    This does look like Michael. Hat tip Steve.

  • Ben Stein finally Expelled from NY Times – Felix Salmon

    Fired by the Grey Lady for hawking dodgy financial wares.

  • How To Blow A Bubble – Simon Johnson

    Controversial, for sure. Goldman and Bernanke as enablers/stokers of bubbles.

  • Toyota to decide on California plant by end of month | Reuters

    Plant jointly operated with GM.

  • How debit cards fleece consumers – MSN Money

    Another way banks get their money

  • 100-meter Sprint Can Be Run In 9.51 Seconds, Extreme-value Theory Shows

    I wonder what extreme-value theory says about stocks right now.

  • Jeanne McManus – What ‘Idol’ Lost When Paula Abdul Walked –

    This is my pop culture contribution for the day.

  • German exports show unexpected surge – FT

    This looks to be a very good sign.

  • Twitter and Facebook DDoS Attacks Targeted One Man

    Twitter was down all day Thursday from a directed denial of service attack. Speculation now is it was a result of an attack on a specific person and related to the problems between Russia and Georgia.

  • Economist’s View: "Keep Shoveling that Stimulus"

    Stiglitz says more stimulus is needed. Thoma says that is not politically feasible. I agree

  • Living Around – Astor Row, Central Harlem – A Front-Porch Block, Once and Again –

    Beautiful houses way uptown on West 130th Street

  • Are There Bright Spots Amid the Global Recession? – Nouriel Roubini

    There are definite bright spots. Hat tip Mark Thoma.

  • Larry Summers, Economic Recovery, And Ben Bernanke – Simon Johnson

    This is the line I found most interesting: "If the administration really wants to put the economy on a path to sustainable bubble-free growth, it looks increasingly likely that it will want to replace Bernanke when his term is up early next year."

  • Monetizing the Debt: Disinformation in the Blogosphere – Yves Smith

    Is the Fed really monetizing debt or is this disinformation?


    Blast from the past – Fannie Mae: here are a few posts from 2008 on Fannie Mae in light of their monstrous Q2 losses.

    Comments are closed.

    This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More