Business Channel
Unemployment Up 10.2%, More Job Cuts
by Don Martelli — Despite the wave of optimism early this week and reports yesterday suggesting the unemployment rate would be lower than forecasted, the monthly employment report issued today burst that bubble.
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Curious Meeting at Treasury Department
naked capitalism —
The Treasury invited a small group of bloggers for a “discussion” with senior officials on Monday. Initially, the meeting was to be background, which is a sort of journalistic “FYI but you can’t use it” but we were told at the meeting that we...Recently linked to by The Baseline Scenario / 16 hours ago -
Did We Learn Anything? Carry Trade Edition
EconomPic —
In theory, it does look like hedge funds are BACK, though it is a bit concerning that EVERY strategy (except those neutral or short equity beta) has been a winner. Back to this in a moment... While many hedge funds make claims that they don't have any...Recently linked to by Quoting the Crisis / 17 hours ago -
The Coming Collapse of the Municipal Bond Market
Philip Greenspun's Weblog —
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Financial Regulation: How would you have it work?
Accrued Interest —
Yesterday myself and several other financial bloggers got the chance to meet with several senior Treasury officials, including the Secretary himself. It was a fascinating experience and I have to admit, it was just plain cool to be within the bowels of...Recently linked to by Caveat Bettor / 14 hours ago -
The Periodic Table of Finance Bloggers
The Reformed Broker —
Click Image to Embiggen! http://thereformedbroker.com I’ve been asked several times to update my finance blogger list, so I figured on the week of The Reformed Broker’s first anniversary , I’d oblige. Everyone listed on The Periodic Table of...Recently linked to by Abnormal Returns / 2 hours ago -
A global problem with no solution
Felix Salmon —
Mohamed El-Erian, the CEO of Pimco, sent me a note this morning which sums up the dire straits of the economy, as revealed in today’s employment report, in one sentence: The problem is that very few people in DC are thinking of this as a structural...Recently linked to by Salon: How the World Works / 9 hours ago -
Fannie Mae’s results – oh, and what if Bank of America reported the same way…
Bronte Capital —
Fannie Mae just put out awful looking results based primarily on massive (and increasing) credit loss provisions. Indeed their provisions this quarter were the largest thus far in the cycle. Its worth looking a little closer because – like it or not...Recently linked to by FP Trading Desk / 10 hours ago -
The Act in Action: New Report Shows Recovery Act Creating Jobs Throughout the Nation
White House.gov Blog Feed: WhiteHouse.gov Blog —
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How the Pelosi Plan Kills Jobs
The Foundry —
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The Latest Housing Crash Gimmick: Fannie's "Sale-Rentback" Nightmare
zero hedge —
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Carnival of Money Hackers #89 – My Favourite Coffee Edition
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