Galbraith makes a comeback

It looks like John Kenneth Galbraith is back in style after years of the laissez-faire crowd holding court. The Economist chronicles the revived interest in his works according to book sales at Amazon. He is definitely on my reading list.

Walter Mossberg: Top 2009 Gadgets

I am a bit of technophile -- so much so my friends call me "Gadget Man." While I have toned down the bad early adopter purchases, I do still love my gadgets. With that in mind, here is Walter Mossberg doing his thing at the Wall Street…

Citi agrees to do cramdowns

After meetings with lawmakers, Citigroup has agreed to back legislation that would allow bankruptcy judges to alter the amount due on mortgage principal, so called cram downs. As it stands today, all other debtors including corporations…

Links: 2009-01-08

The news today is about interest rates and the economy. First, in the U.S., there has been a huge move to the upside in Treasury yields. The obvious question is whether we are seeing the Treasury bubble burst. There are numerous reasons…

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