Morning Reads

The latest additions to my Instapaper, for your reading pleasure:

Karl Marx, Economist? (Chronicle of Higher Education) Marx, it turns out, did not believe in Communism

• Shadowstats: Inflation Actually Near 10% Using Older Measure ( Sounds high to me . . .

Michael Lewis: The Fed Rescue Program Too Bizarre to Be True  (Bloomberg)

• The Wall Street Mind: Anxious… (NY Mag)

• New Questions about Banks’ Force-Placed Insurance Deals (American Banker)

Matt Taibbi: Why is the Federal Reserve forking over $220 million in bailout money to the wives of two Morgan Stanley bigwigs? (Rolling Stone)

• Is Goldman, Wall Street’s Biggest Commodities Bull, Hanging Up the Horns? (

• Americans Decry Power of Lobbyists, Corporations, Banks, Feds (Gallup)

• Manhattan DA Investigates Bear Stearns Mortgage Traders (The Atlantic)

Quite the eclectic mix today.


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