News from around the web: 2009-11-14

Deluge of Pleas to Spare Oreo, Dog Thrown Off Roof - City Room Blog - NYTimes.com Bob Herbert - A Recovery for Some - NYTimes.com Bair calls U.S. bank bailout not a good thing | Reuters It’s the stupidity economy - Paul Krugman…

If this is recovery…

Today, I want to run a few thoughts by you courtesy of John Mauldin.  In his recent weekly newsletter, he makes a number of points I have made here over the past few weeks and comes to a similar conclusion about the weakness of…

Three more FDIC bank seizures

Orion Bank, Naples, Florida As of October 31, 2009, Orion Bank had total assets of $2.7 billion and total deposits of approximately $2.1 billion. The FDIC accepted a 1.5 percent discount from IBERIABANK on the deposits of the failed…

Consumer confidence sinking

From Bloomberg: Confidence among U.S. consumers unexpectedly dropped in November as the loss of jobs threatened to undermine the biggest part of the economy. The Reuters/University of Michigan preliminary sentiment index decreased…

Links: 2009-11-13

Finance and Economy Wall Street Makes It Hard to Earn Legal Living: Alice Schroeder - Bloomberg.com FT Alphaville - FDIC saves securitisation BBC NEWS - Russian economy growing strongly Henry Kaufman: The Real Threat to Fed…

Rosenberg: U.S. GDP is overstated

This morning, David Rosenberg of Gluskin Sheff had another wonderful piece. I am only going to take on one part of it here. I have linked to the full article below so that you can read his analysis in it’s entirety (registration free but…

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