Friday Afternoon Linkage
Some afternoon linkage before the weekend begins: • Geithner says derivatives blindsided the gov’t (Associated Press) • Beazer...
Bloomberg: Fed Needs to Retain Independence
Live! From St. Louis, MO: Exclusive Interview with St. Louis Fed President James Bullard Bloomberg News 14:56
A Muscle Car to the Rescue for GM
Please let me know when the convertible model gets released . . . NYT: “Believe it or not, General Motors has a hit car on its...
The Curse of Cheap Money
Terrific graphic from Der Spiegel: > Graphic courtesy of Der Spiegel Excerpt: “White recognized the brewing disaster. The...
Tim Geithner, Employee of Goldman Sachs?
This an interview of former Assistant Secretary of Treasury Paul Craig Roberts. At 2:40 (of the 3:08 interview) was this exchange: Max...
Why Should You Care If Economists Raise U.S. Outlook ?
Look, let’s not beat around the bush: Wall Street economists, as a group, well, they suck. Most of them did not see the crisis...
Trade Deficit
The May Trade Deficit totaled $26b, $4b less than expected and down from $28.8b which was revised lower by $400mm. The improvement was...
Stealing Secrets from Goldman Sachs
Former Goldman Programmer Sergey Aleynikov Arrested for Theft Charges on July 3rd Bloomberg News 4:14
Bloomberg: Same Store Slump
Same Store Slump – Analysis and Discussion with Lori Wachs of Delaware Investments Bloomberg News