video

In case you didn’t see the video already of Kanye behaving badly, I posted it as my distraction of the day yesterday. Watch that video and you will be up to speed – pretty outrageous.  Below is a Kanye West-inspired dub over of the…

Wells Fargo fires executive who partied at repossessed Malibu mansion "For an executive at the US bank Wells Fargo, a repossessed $12m beach house in southern California proved just too tempting. The financial institution has fired…

Spain's Struggles Illustrate Pitfalls of Europe's Common Currency - WSJ.com "Could the divergent economic fortunes of euro-zone countries pose a problem for the currency union itself?" Economist's View: "For All Obama's…

Ron Paul was on CNN this morning talking about unemployment, the credit crisis, the Federal Reserve and a lot more.

'False dawn' in UK housing market "It's tempting to call the turn in the mortgage market at this point, and there is certainly concrete evidence that lending for house purchase is increasing," said the CML's economist Paul…

Magna wants to cut 10,500 jobs: report I guarantee you the job cuts will be disproportionately outside Germany. Economic crisis not over yet: IMF chief But if you listened to Larry Summers you'd think we were out of the woods. It…

Three failed banks this weekend. The big one is Corus: assets of $7 billion. FDIC: Failed Bank Information - Bank Closing Information for Venture Bank, Lacey, WA "As of July 28, 2009, Venture Bank had total assets of $970 million…

Below is a little clip allegedly from the Chinese newspaper Southern Metropolis Daily of some precious little schoolchildren. In the clip, a number of them tell us what they want to be when they grow up (I think I wanted to be a baseball…

This comes from the blog News from 1930: An out-of-work broker asked a friend who owned a circus for work. His friend said the circus gorilla had recently died, and if the broker wanted to get into the gorilla's skin, swing around,…

Faber Says ‘High’ U.S. Deficit Will Spur Inflation - Bloomberg.com He is making the asset price inflation argument I have often made. On the other hand, I am seeing some initial signs that liquidity is being drained. So, it remains to…