The High Priests of the Bubble Economy
Dean Baker via Yves Smith of Naked Capitalism; hat-tip to Ben Collins. Dean Baker goes full bore after two
Outstanding Analysis by Anatole Kaletsky
From today's Times. Here's a nugget: "The answer, to return to my medical analogy, is
Paulson Changes Tack Yet Again on TARP
It's a good thing (for him) this guy doesn't have to face elections. From Reuters: Treasury
Fannie/Freddie Relief Plan for Homeowners
From International Herald Tribune Fannie Mae and Freddie Mac plan to help U.S. homeowners By Edmund L. Andrews Tuesday,
Credit Losses To Exceed 10% of US GDP?
From Reuters: Credit losses may surpass 10 percent of U.S. GDP Wed Nov 12, 2008 12:07pm EST Reuters
Billionaires and the 'Great Recession'
From Bob Feldman: Should 'Great Recession' Burden Be Borne By U.S. Billionaires? As more layoffs of U.
The Worst Is Far from Over (Meredith Whitney)
This FT.com interview with Oppenheimer's analyst is well worth listening to. Some of Whitney's observations
Some (Belated) Thoughts on Obama's Victory
This posting is from D&S collective member and frequent blogger Larry Peterson. To see more of his posts,
D&S Piece on Historic Events since September
We just posted a rather long piece on the impressive string of historic events that have taken place in the
The G-20 Communique
This meeting, which President-elect Obama has said he won't attend anyway, has been pushed in some circles
Biggest Rise in Joblessness since WWII
Or so Goldman Sachs seem to believe. Note expectations of a rate cut to .5% by the Fed in December.
GM Shares Plummet On Analyst Report
A Deutsche Bank analyst forecast that GM's shares would soon be valued at $0 sent the car company&