Credit Writedowns

After Pilot Dies, Jet Lands Safely in Newark - NY Times EU sets basis for finance reform - BBC News "EU ministers have agreed in principle on a framework for enhanced oversight of the financial sector, with the UK winning…

A recent poll which ended on Wednesday as to when the economy will recover yielded the results below: Clearly, you think this downturn has legs! Please feel free to ping us with other important questions we should be asking…

A lot of links coming. So I will some now and others tomorrow. Retail sales plunged in April, led by motors - Irish Independent This is a depression-style fall: 17%. Outsider in the world of economics takes a dim view of…

The Federal Reserve Bank of Philadelphia is out with a widely followed Business Outlook Survey for June.  The numbers are very good. Declines in the region's manufacturing sector were much less in evidence in June, according to…

This video of US Bancorp CEO Richard Davis on CNBC is good in getting to the motivations and thinking of bank CEOs now repaying TARP monies.  Davis sounds articulate, well-prepped and diplomatic and makes a lot of sense.  You couldn’t ask…

The unemployment insurance weekly claims report revealed that the number of persons filing an initial claim rose 3,000 this past week to 608,000.  While these are still very high numbers, they are the lowest since January, suggesting…

Last month I said that June was significant for two reasons.  First, we are going to get our first test of data that could disappoint, which would spell trouble for an overbought market. But, just as important, we need to watch the…

It’s not just California.  Tax revenue is falling everywhere. State income-tax revenue fell 26% in the first four months of 2009 compared to the same period last year, according to a survey of states by the nonprofit Nelson A.…

This one is due out tomorrow.  His review is pretty favorable.  But, he does say its not a must upgrade if you already have an iPhone.

IPhone 3G S Review Roundup - PCWorldA lot of good things are being said about this new phone, available starting Friday. Beaked, Bird-like Dinosaur Tells Story Of Finger Evolution - Science Daily"Scientists have discovered a unique…