News

La producción industrial cae un 13.1% y encadena 16 meses de descensos Spain's industrial production is still cliff diving. How are their banks able to withstand this catastrophe? FT.com - HSBC chief fears a second downturn Consider…

Bronte Capital: Are the Spanish banks hiding their losses? Looking at the American data John is dubious about Spain like Edward Hugh. It seems a bit hard to believe we could have a depression-like environment in Spain without a serious…

I am going to double up on links today as I have a lot that I have found with more sill to come tomorrow morning. Enjoy this lot.   Is the Swiss Health Care System a Good Model for US? - Gary Becker The Swiss health care system…

I am just getting back up to speed, so expect to see a few older links I flagged for myself but did not post in the past few days. Jobless rates rise in all U.S. cities in August | Reuters "Unemployment rates rose in all cities…

Stanford Puts $1 Billion in Assets on Block - WSJ.com "Stanford University, which lost a quarter of its endowment last year, has put on the block as much as $1 billion of hard-to-sell investments ranging from private equity to real…

'Gold has proven historically to be a poor hedge against major inflations' - Telegraph "Professor Roy Jastram, of the University of California, conducted the longest-term analysis of this precious metal's purchasing power,…

Could you spare a stimulus package? - Prieur du Plessis funny. Could be GM or Citi or anybody really. Koo: Government fulfilling necessary function - Prieur du Plessis "According to Koo, American consumers are…

Press Release: Andrew Ross Sorkin, Too Big to Fail: Vanity Fair | Vanity Fair "The government secretly tried to orchestrate a deal involving Goldman Sachs in the week following Lehman Brothers’ collapse and considered using the…

I have been away from the blog since early Friday, but I plan on picking things up a  bit going forward. On Friday, I spent the day at the Annual Clinton Global Initiative event in New York.  I expect to have a post or two up on…

I will be at the Clinton Global Initiative Forum all day today, so I doubt there will be any posts until this afternoon.  For Canadian readers, I am doing a TV interview at 12:30PM ET on BNN on Obama’s relationship with Wall Street.…