funny

Harlem’s Real Estate Boom Becomes a Bust - NYTimes.com It's not just luxury in Manhattan that is getting killed More losses are reported by Alcoa - BBC News Alcoa beat estimates. So, long story short, people like numbers. The…

U.S. office market continues to spiral down - Reuters Vacancy rate is now 15.9% Surprise drop in UK output hits recovery hopes - Guardian Data in UK missing expectations now too. Close Relationship Between Past…

I hope people had a safe and happy fourth. Profiting from an Irvine bank failure - Mortgage Insider - OCRegister.com Interesting look into FDIC procedure Bank of England's Monetary Policy Committee considering expanding quantitative…

Happy 4th of July, America. I Know This Much Is True - Barrons.com An interview with "Random Walk" Author Burton Malkiel. He talks about China and more. The human cost of businesses entering administration is high -…

Economist's View: Tom Keene's "On the Economy" Econoblogger and economics Professor Mark Thoma talks with Bloomberg's Tom Keene. Reforming American health care: Heading for the emergency room | The Economist America’s…

La tercera petrolera china ofrece 12000 millones por la filial argentina de Repsol - Finanzas The Chinese are all over the natural resource sector. CNPC has offered $17 billion for Repsol YPF assets in Argentina. Now CNOOC another…

Financial sector pro-cyclicality: Lessons from the crisis, Part II - vox On the back of the last article, here are some proposals on how to mitigate the pro-cyclical effects of compensation and leverage Financial sector…

Moodys pone en perspectiva negativa cdulas hipotecarias de Bancaja y CAM - Finanzas Moodys is downgrading Spanish savings banks. There is still significant weakness in the financial sector in Spain. The Spanish desperately want a…

Unfortunately I was out this weekend and did not post the 5 bank seizures by the FDIC on Friday.  They are below in the links. China's banks are an accident waiting to happen to every one of us - Ambrose Pritchard-Evans, Telegraph…

Bank of NY Mellon sees writedowns, 2009 profit: report - Reuters This is what I expect many banks to be saying later this quarter. Is Obama Edging Towards Bush-Like Indefinite Detention? - Michael Scherer, Swampland…