Thursday Readings

July 16, 2009 2:30pm by Barry Ritholtz

Its Thursday afternoon — time for a quick linkfest, starting with quite a few surprising headlines:

• Treasury Bets U.S. Financial System Can Weather CIT Collapse (Bloomberg)

• Behind Goldman Sachs’ second quarter profit (EPI)

• Five reasons it’s too soon to declare the recession over (Business Week)

• Saga Continues for Former GM Shares (MarketBeat )

• Yogi’s Recession (Barron’s)

• Five reasons to fear inflation (the mess that greenspan made)

• Taxing Pot Would Generate $1.4 Billion in California: State Board (OC Weekly)

• China’s Economic Recovery Gathers Steam (Time)

• A WSJ Housing 2-fer:

–Using the Rout in Housing to Lower Taxes
–Mortgage Firms Struggle to Redo Hard-Hit Loans

• Why Does Goldman Need A Fed Exemption For VaR Calculations? (Zero Hedge)

• The New Stars of the Blogosphere (WSJ)

• Max Keiser goes postal on GS

• Great Wall of Facebook: The Social Network’s Plan to Dominate the Internet — and Keep Google Out (Wired)

• What Fast Looks Like (Kottke)

Anything else fresh and linkworthy?

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