News

China market value overtakes Japan's | The Japan Times Online Can you say bubble? Video - NASA Releases Restored Moon Landing Video - WSJ.com The original tapes were copied over, so these are restorations of copies. "NASA…

I found a number of interesting articles this morning – a lot outside of finance and economics.  So I am putting out another links post. Enjoy. I wasn’t impressed by China’s high reserve and GDP growth numbers A lot of interesting…

Finance and Economics US group calls Fed 'tarnished,' demands risk monitor - Reuters Donaldson and Levitt don't want the Fed as SiRR. Securitization Group Wants Greater Risk Disclosure by Lenders - HousingWire What Wall Street owes…

Sotomayor Surprises Sessions -- Taegan Goddard's Political Wire Another example of how the GOP must be careful to not look anti-Hispanic. James Galbraith Testimony on Fed Galbraith opines on Fed as super-regulator and other good…

Testing the Tesla Roadster Electric Sports Car - WSJ.com A muscle car that's electric? Yes. BerkShares, Buckaroos, and Bear Dollars: What Makes a Local Currency Tick? - Randy Wray More on California's IOUs as a currency. Whitney…

History suggests it could be decades before the dollar is dislodged - Roger Bootle "China's central bank governor has gone so far as to suggest that the dollar's role as a reserve currency helped to bring about the current financial…

Banks buying back TARP warrants at discount: panel - MarketWatch "bought-out the stakes at 66% of their face value" Great Moments in Ogling: Obama Checking Out Girl - The Hollywood Gossip The G8 isn't just about economics…

Unemployment in Spain: Two-tier flexibility - The Economist "How the burden of adjustment in Spain falls on the underprivileged" A special report on Texas: : The red and the blue - The Economist "Whisper it softly,…

Harlem’s Real Estate Boom Becomes a Bust - NYTimes.com It's not just luxury in Manhattan that is getting killed More losses are reported by Alcoa - BBC News Alcoa beat estimates. So, long story short, people like numbers. The…

Dr. Doom: Where we're going we don't need roads - Dealbreaker Marc Faber's July Newsletter. On Robert S. McNamara - James Fallows Very good obit on McNamara. Regulation And Oversight Of Gun Sales Reduces…