financial news

William Black on Bill Moyers - Paul Kedrosky Canadian Banks: A better system - National Post I'm sure Marshall loves this one Wall Street Back To Its Criminal Ways? - Tyler Durden Interesting take Life expectancy to fall as living…

I have a ton of links today, so I have broken then out into sections. See the news feed for other stories. Finance Inside Obama's bank CEOs meeting - Eamon Javers - POLITICO.com “My administration,” the president added, “is the only…

M2M Change = Time to buy banks? - FT Alphaville Recession Hits Social Security Increases “The banks” versus “some banks” - Paul Krugman Blog - NYTimes.com Medvedev Renews Call for Alternatives to Dollar - Real Time Economics - WSJ…

Before I provide the links I want to add some clarifying points about previous articles. Regarding the story about Larry Summers, Summers did not dismiss the employee in question. So, the post title is rather misleading. My apologies.…

Lessons from Japan’s failed fiscal stimulus - Vox Eu Obama’s Ersatz Capitalism - Joseph Stiglitz, NY Times hat tip Mark Thoma The Future of Investing: Evolution or Revolution? - Bill Gross NBER: Household and NFP Differences Are…

Obama's Mid-Term Election - Nate Silver on 2010 Congressional Elections Do Democrats need an economic miracle to avert a serious setback in congressional elections next year? The stats guru's new model shows that Obama will need about a…

Zero Hedge: Exclusive: AIG Was Responsible For The Banks' January & February Profitability Basically Citi and BofA may have been telling tall tales about profitability in January and February. How a Modern Depression Might Look -- If…

Mauldin on Housing? - CR This points out the problems with data analysis during this difficult downturn (hat tip stiletto heels) The New Hard Times - NY Times Video hat tip Barry Ritholtz 'Moshi-moshi' recession - Japan Times You know…

Toxic Asset Plan May Appeal Little to Banks on Write-Down Rule Two Graphs That Tell It All On Spain - Edward Hugh A New Kind of Bank Stress Test -- John Lousbury YouTube - Hey Paul Krugman (A song, A plea) this is funny stuff.…

Commerzbank reveals toxic assets - BBC News Obviously, there are more writedowns to come. What does this say about what's on Deutsche's books? or UBS? MGM Mirage’s City Center Hires Bankruptcy Counsel - Deal Book Fear and Greed -…