Links: 2009-06-09

Supreme Court Delays Sale of Chrysler to Fiat - DealBook Blame Reagan for our financial mess? - Bill Fleckenstein "The actual offending cancerous legislation that kicked off the move toward extra reckless lending did involve then-Rep.…

Links: 2009-06-08

Green shoots? How about a 'double dip' - Globe & Mail "One trigger for a relapse, some of the double-dippers say, is a likely clampdown on government spending and a hike in interest rates within the coming year. “The question is…

The Mega Jeremy Grantham Interview

This is an interview in five parts via Morningstar on May 28th with the one-time reputed perma-bear Jeremy Grantham who has been sounding much more bullish of late (in a bear-market rally kind of way). Definitely worth a look. The five…

FDIC Friday Night Special: Lincolnwood

Bank of Lincolnwood in Illinois is FDIC casualty number 37 this year. It is not very big.  Below is the FDIC press release: Bank of Lincolnwood, Lincolnwood, Illinois, was closed today by the Illinois Department of Financial and…

Unemployment rate climbs to 9.4%

Only 345,000 jobs lost. This is a hugely bullish report despite the headine number.  Markets are already reacting.  Bonds lower (ten-year is getting killed, now near 3.90%), stocks higher. Here is what the Department of Labor had to say…

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