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Hat tip: Barry Ritholtz’s The Big Picture
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This post includes a fascinating reminder from The New York Times of September 30, 1999 on how the whole credit mess began. [...] More on this topic (What's this?) Occupy Wall Street, Consider This My Gift to You… (Money Morning, 12/23/11) Your New Skin Will Be Ready in 30 Minutes (Wall Street Daily, 11/22/11) News Flash: Big Oil Denies Electric Vehicle Progress (Green Chip Stocks, 2/1/12)
This post reports on the results of a snap poll on the issue of whether the US bailout plan will work. The results suggest a great deal of scepticism regarding the rescue package and, possibly, the realization that the financial turmoil is foreshadowing a hard landing for the US and European economies. [...] More on this topic (What's this?) Keith Fitz-Gerald: Why Europe's Latest Bailout Won't Work (Money Morning, 12/21/11) The End of Wall Street (Finance Documentaries, 12/23/11) Our Financial "Regulators" Just Let Us Down Again (Money Morning, 12/21/11) | |||||||||||||||||||||||||
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