Historic P/E Ratio for the S&P 500 Hat tip Barry Ritholtz
Backdoor Bailouts for Goldman Sachs? – Barry Ritholtz
Former Australian Prime Minister Savages Geithner’s Performance in the Asian Crisis – Yves Smith
Do not rely on bankers – VoxEU creeping nationalization is the worst of all worlds
More on Job Losses: Comparing Recessions, Diffusion Indices – Calculated Risk
The bogus GOP claim that Obama is making war on the rich – Slate
Bunning to Fed: Skip the Press Release – Real Time Economics
The Big Dither – Paul Krugman, NY Times
Europe’s banks face a $2 trillion dollar shortage – Telegraph
Roach: 2009 Upturn Anemic At Best
Putin threat to cut Ukraine gas supplies again – FT.com
Venezuela expropriates Cargill rice mill – FT.com
AT&T, 19 Others Likely to Cut Dividend, JPMorgan Says – Bloomberg.com
Blighty: A Nation Sized Experiment in Regulatory Arbitrage – Greogor Macdonald
Banned AdSense Publisher Gets His Money Back from Google – They should change their moniker from ‘Don’t be evil’ to ‘Be evil.’
Going forward, I will re-post relevant articles that I think capture the moment. Two that I feel particularly relevant which I have already re-posted are: