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News
Links: 2010-01-12
More links are available in the news feed (also available as an RSS feed). Feature Link: A New Tax on Banks and Bankers? – NYTimes.com Simon Johnson, Bert Ely, Judy Samuelson and I each gave our view on a proposed banker tax for the…
Links: 2010-01-11
More links are available in the news feed (also available as an RSS feed). Hank Greenberg's Self-Serving, Largely Off-Base Salvo at Goldman - naked capitalism Selling from retail investor will outlast buying from hedge funds - The…
Links: 2010-01-10
Many more links are available at the news feed (which is also available as an RSS feed). Main Street to Wall Street: We don't buy the rally The people of Iceland deserve our sympathy | Business | The Observer Financial…
Links: 2010-01-08
Dear readers, I just barely missed putting 2009 in the title again. I’ll learn. I have some other things on my plate, so I have not posted quite as often as I would like. I have three or four topics I want to look into. They are:…
Links: 2010-01-07
Below are the links for stories through this morning. I am still playing catch-up as I had some server issues earlier in the day. If I see anything significant later, I may do another links post in the evening. As usual, many more…
Links: 2010-01-06
Below are the most important links. As usual, many more are available at the news feed (also available as an RSS feed). Going forward, the links post will contain fewer (more high-quality?) links, with the rest in the news feed.…
Iceland downgraded to junk as it heeds 70% of the electorate on Icesave debt
The latest piece of big news in the sovereign debt crisis comes, remarkably, from Iceland. The country collapsed into depression after its experiment as an open economy with a large banking sector went pear shaped.
After a debt-fuelled…
Links: 2010-01-05
In addition to these non-finance links, I am also adding a few missed items to the financial news links post that I caught after I originally published it. Hat tip to mark Thoma on these. Observations: Obesity is now just as much of a…
Financial News: 2010-01-05
ataxingmatter: More on freshwater economics (This post certainly gives a lot more credit to Keynes than I would. But it does point out the 'ideology' behind the extreme version of freshwater economics that is being peddled today…
Pension disaster makes states and cities into financial basket cases
Employees of US states and cities have much better pension plans than do Average Americans and this is creating some serious budgetary problems, one reason to be very careful in assessing municipal bonds, particularly general revenue ones.…