Banks: Start From Scratch or Give it Time?
WSJ’s Evan Newmark critiques colleague Dennis Berman’s latest column in which he offers a cure for financial mistrust —...
Rubin Agonistes
Robert Rubin’s defense only raises more questions about his role, his judgment and his character. Reading today’s Wall Street...
Black Friday Spending
Analysis and Discussion with Jay McIntosh of Consumer Foresight ~~~ The Future of Macy’s – Analysis and Discussion with...
Future Spending Plans
Q3 data shows that personal consumption spending, (inflation adjusted) fell at an annual rate of 2.7% — the biggest fall since Q2...
The Financial Fire Trucks Are Gathering
The Financial Fire Trucks Are Gathering “It will therefore be crucial that you see the world anew. That means looking from the...
Wall Street Crisis Overviews
I have been meaning to get to these two links: They are the huge overviews of the Credit, Housing and Wall Street Crises via the NYT and...
The REAL Maverick: Present Economy worse than Depression
PBS NEWS HOUR Interview with Nassim Nicholas Taleb, famous economist and author of “The Black Swan” and Dr. Mandelbrot,...
Krugman: How did a few failed banks add up to a financial...
The bubble has burst; the era of sunny-side up capitalism is over. Washington may resuscitate the credit market, but will U.S. politics...
Friday Bank Bailout Links
Some interesting Friday links: After Citi, is Bank of America next? (Reuters) A government rescue plan has eased investors’...