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News from around the web: 2009-12-26
If you recall, I posted a link on Yemen four days ago asking if Yemen was the next Afghanistan. Given the recent terrorist attempt in the U.S., expect Yemen to become more important and the permanent war state in the U.S. to turn some focus…
It’s a wonderful life
I hope you all have had a lovely and relaxing holiday. On this day of giving, I want to give you thanks for reading my blog and making it such a rewarding experience to write. This year I missed one of the holiday favorites on television as…
Financial News: 2009-12-24
oftwominds: "Monetary Policy" Transfers Your Children's Future Earnings to the Financial Elite When the Changes Could Take Effect - WSJ.com Firms Warn of Cuts to Benefits - WSJ.com FT.com - Greek parliament approves…
News from around the web: 2009-12-24
Sir Alex Ferguson accuses Manchester City of 'unacceptable' Hughes sacking | Football | guardian.co.uk Defense Bill Raids Personnel Funds to Pay For Weapons - Matt Taibbi - Taibblog - True/Slant Onward Christian Warriors! - Matt…
Initial claims continue to fall
From this past week's Unemployment Insurance Weekly Claims Report released today: In the week ending Dec. 19, the advance figure for seasonally adjusted initial claims was 452,000, a decrease of 28,000 from the previous week's unrevised…
Community banks risk averse ahead of Obama meeting
This clip will give you a better indicator of small lenders’ agenda as they met with the President to talk about expanding lending. The only commentary I would note is the desire by the IBCA President to allow the FDIC to keep its…
News from 1930: Bank closings and stimulus packages
This comes from the blog News from 1930 on financial news from this day in… 1930 (I don’t what they plan to do after New Year’s Day): Bankers Trust of Philadelphia closed after heavy withdrawals; had 135,000 depositors, total deposits…
Absurdistan 2009 – Der Jahresrueckblick
This is for my German-speaking readers. But I think you can get the gist even if you don’t speak German. Pretty funny. Hat tip Michael.
The year in review at Credit Writedowns – Kleptocracy
Yesterday, I indicated I would write a few thematic posts as a look back at some of the more important economic topics that this credit crisis has uncovered. Tying posts together in a theme definitely gives a better holistic view of a the…