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Bloomberg News vs. Fed: Judgment against Fed attached
Below is a copy of the actual judgment in the Bloomberg News vs. Fed FOIA case. The case is: Bloomberg LP v. Board of Governors of the Federal Reserve System, U.S. District Court, Southern District of New York (Manhattan), No.…
Case-Shiller: House prices up for second month
The data from the S&P/Case-Shiller Home Price Indices for June 2009 were released at 9AM ET, showing that house prices in the US increased for the second consecutive month. Last month marked the first month since July 2006 that…
News from around the web: 2009-08-25
My Healthcare Links page is now up. The list is a work in progress. My idea is to have a central place where one can get up to speed with various relevant issues related to the healthcare reform debate. While I am generally…
Obama to re-appoint Bernanke
This from the Wall Street Journal’s David Wessel: President Barack Obama will announce Tuesday that he is nominating Ben Bernanke for a second four-year term as chairman of the Federal Reserve, White House Chief of Staff Rahm Emanuel…
Bloomberg wins Freedom of Information lawsuit against Fed
This just in from Bloomberg:
The Federal Reserve must make public reports about recipients of emergency loans from U.S. taxpayers under programs created to address the financial crisis, a federal judge ruled.
The case is: Bloomberg LP…
GM considers keeping Opel, raising capital
Now that it has emerged from bankruptcy and received free money from the Federal Government, General Motors is seriously thinking about keeping Opel by raising capital. The German government has been urging GM to make a decision about…
The U.S. Dollar circa 2005
This skit comes from Saturday Night Live in 2005, back when the Dollar was weak. It’s pretty funny. Hat Tip Andrew.
Oil breaks out above 2009 high
This comes via the National Post: Oil rose above US$74 a barrel on Monday, extending its rally to trade near a 10-month high, on optimism that an economic recovery will spur a rebound in energy demand. A string of positive economic…
Morning Links: 2009-08-24
I intend to post a “Healthcare Links” post later today. I am modelling on my Credit Crisis Timeline. But, the purpose is to present a fairly good distribution of informed articles on the health care reform debate. I don’t agree…
Getting bearish again
You have probably noticed a change in tone at Credit Writedowns since about June, but a lot more in the past month or so. Once mildly bullish due to the deeply oversold levels this Spring, I have become increasingly alarmed at the…