Poll: Let Big Banks Fail to Reform Financial System
I saw an interesting poll on a web site called The Globalist run by my friend Stephan Richter. He and I share a delight in telling...
Madoff in Prison
In all the week’s lunacy, we neglected this story — which can be resolved with a simple cartoon: > via Time Magazine
Stress Test Zombies: Not Too Big To Fail? Tough Tootsies Little...
Further to our post yesterday about the Stress Test Zombies (“19th Nervous Breakdown: TBTF Stress Test Banks”), below is our...
Word of the Day: Peak Debt
peak debt: n. In an economy or household, the point at which the costs to service increasing debts become so high relative to income that...
Charting Household Net Worth
Last nite, I mentioned U.S. Household Net Worth fell 18%. This morning, Rolfe Winkler sends along this chart based upon the Q4 2008 Flow...
Video-o-rama: Stock markets – turnaround time
Video-o-rama: Stock markets – turnaround time Tuesday marked a reversal of fortune for global stock markets as investors adopted a more...
Bad News for Newspapers
The newspaper industry, laden with heavy debt, is forcing companies into bankruptcy. Money-losing papers are closing. Here’s a look...