Credit Writedowns

Liu Xiaobo: China's top pro-democracy dissident goes on trial - CSMonitor.com Ruling: Runaway teen doesn't have to talk to family | The Columbus Dispatch (This is a legal case about a Muslim girl who converted to Christianity. Watch…

Watchdog fines Depfa €250,000 over suspected breach of rules - Independent.ie Gold slumps to seven-week low Geithner Voices Confidence About Economic Rebound : NPR FT.com - Glencore bond deal paves way for IPO (For a company…

Cynical? Yes. Spot on? Of course. This is what happens when government stops trying to defend consumer interests for the benefit of business interests. Source 'I'm going to shop around and find a rip-off bank that works for me' –…

This comes via the FT: Latvia’s prime minister has warned Swedish banks they risk choking off recovery in the Baltic state’s crisis-hit economy unless they resume lending. Banks such as Swedbank and SEB, which dominate the Latvian…

Asking For Orange Juice On American Airlines May Violate Federal Law - The Consumerist High Schools Battle For More Than Football Title : NPR A Reckless Health Care Bill That Nobody Believes In - WSJ.com U.S. Voters Oppose…

Doug Kass's 20 Surprises for 2010: Goldman Private, Gold Tumbles, etc. Feminomics: A Woman’s Place - Still in the (Poor) House » New Deal 2.0 Mish's Global Economic Trend Analysis: Fictional Reserve Lending And The Myth Of Excess…

Hat tip Prieur du Plessis. Source Tom Toles – Washington Post, 21 Dec 2009.

Internet maven and San Diego North County real estate guru “Jim the Realtor” has another post  showing us that extend and pretend is alive and well in the wonderful world of housing. This guy received his first NOD in April, 2006,…

As we approach the new year, I have decided to write a few thematic posts as a look back at some of the more important economic topics that this credit crisis has uncovered. The thinking is that tying posts together in a theme might give a…