Rogoff: Banking System Still Not Healthy

By Barry Ritholtz - December 10th, 2009, 9:52AM

Source:
Banking System “a Long Way from Healthy,” Ken Rogoff Says
Aaron Task
Dec 09, 2009 01:00pm EST

http://finance.yahoo.com/tech-ticker/article/387208/Banking-System-%22a-Long-Way-from-Healthy

Now Let Us Admire the Clever Way in Which Bank of America Has Screwed Taxpayers Again
Henry Blodget
Yahoo Tech Ticker, Dec 10, 2009

http://finance.yahoo.com/tech-ticker/article/387577/Now-Let-Us-Admire-the-Clever-Way-in-Which-Bank-of-America-Has-Screwed-Taxpayers-Again

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Macro Notes

Retail sales mixed relative to expectations
Peter Boockvar

Retail Sales in Jan rose .4% headline m/o/m, .7% ex auto's, .6% ex auto's and gasoline and .7% at the core. The headline figure was less than expected while the rest were slightly better. But, with respect to non headline sales, because Dec figures were revised lower, taking the two months together were about in line with forecasts overall. Sales rose in electronics, building materials, food/beverages, clothing, sporting goods, dept stores and restaurant/bars and fell interestingly for online retailers, health/personal care, furniture and motor vehicle/parts. Bottom line, headline sales were below expectations due to the greater than expected fall m/o/m...

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