Failure Friday News
- Scotiabank buys Puerto Rican bank – The Globe and Mail
- Regulators Close Three Banks in Puerto Rico – WSJ.com
- FDIC: Failed Bank Information – Bank Closing Information for Frontier Bank, Everett, WA
- FDIC: Failed Bank Information – Bank Closing Information for Champion Bank, Creve Coeur, MO
- FDIC: Failed Bank Information – Bank Closing Information for CF Bancorp, Port Huron, MI
- FDIC: Failed Bank Information – Bank Closing Information for R-G Premier Bank of Puerto Rico, Hato Rey, PR
- FDIC: Failed Bank Information – Bank Closing Information for Eurobank, San Juan, PR
- FDIC: Failed Bank Information – Bank Closing Information for BC National Banks, Butler, MO
Goldman
- Could Goldman Go the Way of Drexel? – D.C. Current – J. McTague – Barrons.com
- Study: Derivatives Rules Would Cost Banks Billions – DealBook Blog – NYTimes.com
- The Great Exposure: What we’ve learnt from Goldman Sachs – The Independent
- Blankfein Says E-Mail ‘Callousness’ Doesn’t Represent Goldman – Bloomberg.com
- Goldman shares hit 9-month low on news of probe| Reuters
European sovereign debt crisis
- Greece’s Failed "Immaculate Recovery" – Interview with Mohamed El-Erian – Barrons.com
- Schuldenkrise: IWF erwartet Marathonsanierung in Griechenland – SPIEGEL ONLINE
- Las razones por rebaja de rating a la economia espanola | Finanzas.com
- Casi 1,3 millones de hogares tienen en paro a todos sus miembros en edad de trabajar – ABC.es
- Seis de las ocho provincias andaluzas, entre las diez españolas con mayor paro – Economia_Laboral – Economia – ABC.es
- Portuguese workers unite to resist austerity measures | The Guardian
- IS THE U.K. THE NEXT GREECE? | THE PRAGMATIC CAPITALIST
- Moody’s Downgrades Debt Ratings on Greek Banks – DealBook Blog – NYTimes.com
- The Balance Sheet: Merkel’s Mess : The New Yorker
- FT.com – Lessons for the Greek crisis from Philip II of Spain
Other News
- Drilling Process Attracts Scrutiny in Rig Explosion – WSJ.com
- Housebound: why owning a home can be bad for Canada – The Globe and Mail
- Iris Mack: Bob Rubin Just Wants to Be Cuddled
- Record-breaking current found deep in Southern Ocean – New Scientist
- George Soros and what he thinks is the next financial crisis
- FT.com – Merryn Somerset Webb – So what should we be doing as Europe implodes?
- US econ gauge shows easing of growth pace-ECRI| Reuters
- Housing starts hit 45-year low | The Japan Times Online
- The real reason why Steve Jobs hates Flash – Charlie’s Diary
- House prices in Dublin fall 10% in first quarter – The Irish Times – Sat, May 01, 2010
- Audit Notes: Facebook Abuses Its Network-Effect Advantage, Qs for Goldman, Acropolis Now : CJR
- The worst oil spills ever – National Post
- Makeover Seeks to Tame Rockville Pike in Maryland – NYTimes.com
- ABC News Lays Off Quarter of Staff – NYTimes.com
- There’s a Bubble in the Boonies Too « Patrick Chovanec
- FT.com – White House suspends new oil drilling
- Geheime Goldpolitik: Warum Zentralbanken den Goldpreis steuern
- Obama Criticizes Liberal Supreme Courts of ’60s and ’70s – NYTimes.com