financial news

The liquidity pipes remain clogged - Gillian Tett Parallels to Japan yet again As Economy Turns, Washington Looks Better – David Leonhardt, NYTimes.com Could July's employment report be a boon for Obama? What…

On why I can't get in to see my doctor - James Fallows Being in Canada, I am interested in these stories. FDIC: Failed Bank Information - Bank Closing Information for Community National Bank of Sarasota County, Venice, FL Failed…

Calculated Risk: Google Maps Shows Foreclosure Status You can get data on just about anything these days. Amazing maps. Almost scary. Fannie Mae seeks $US10.7b in aid after loss Here's a thought: if Citi were in government hands…

Apple's new low: censoring a dictionary The anti-Apple backlash is on. Ten mysteries of you - New Scientist Very good series on the science behind human eccentricities. Xabi Alonso completes move to Real Madrid If Madrid…

What You Get for ... $250,000 - NYTimes.com The house in Portland, ME is very nice. 'High Risk, High Reward' - washingtonpost.com McCain's Palin pick explained China’s growth figures fail to add up - FT Yet more reason to doubt…

Unconscionable Math - Taunter Media The math of denying health insurance retroactively The scope -- and dangers -- of GE's control of NBC and MSNBC - Glenn Greenwald - Salon.com This is what happens when corporations control media…

I am actually on holiday in Canada for the next two weeks. So posting is apt to be light.  I apologize if I don’t respond diligently to e-mails. I am looking forward to this because the weather here (Simcoe County, Ontario) is amazing…

Kinder, Gentler Banks? It Wasn’t in the Deal - NYTimes.com Good effort on what banks owe taxpayers. But, still not quite there. Hat tip Yves Smith. Financial Armageddon: Jenga Time in CRE CRE is the next big writedown time bomb.…

Sorry for the lack of posts today. I have been travelling. Have a great weekend. Edward. Vacancy rate for offices reaches an 18-year high - Independent.ie CRE is a major problem in Ireland too HSBC May Post Loss on $15 Billion Bad…

As U.S. recession bites, Ohio hopes fade for Obama | Politics | Reuters Yet another piece of bad news for Obama Obama Ratings Slide Across the Board -- Taegan Goddard's Political Wire Will this change anytime soon? Ambassadorships…