Here are today’s favorite reads:
• How optimistic is the stock market really? (Market Watch)
• Capitalists Who Fear Free Markets (NYT) If they fear the free markets, are they really capitalists?
• The extend and pretend exposé – coming to a bank near you (FT.com)
• Goldman Braces for Federal Subpoenas (WSJ)
• America Is Bankrupt (But Not the Way You Think) (HBR)
• Las Vegas looks a lot like the new Detroit (Market Watch)
• Why the GOP wants to weaken the Consumer Financial Protection Bureau (LA Times)
• Tim Harford on Unexpected Economics (The Browser)
• Study Sees Way to Win Spam Fight (NYT)
• Ron Artest: Citizen (Negative Dunkalectics)
What are you reading?
Category: Financial Press, Markets
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.


banksters favorite regulator. at it again. would have though they would have figured out they helped create this mess. but guess not
http://baselinescenario.com/2011/05/19/o-c-c-spells-trouble-again/
and the banksters error rate is a little off
http://www.nakedcapitalism.com/2011/05/former-lps-employees-allege-30-to-78-error-rate-in-borrower-mortgage-records-contradicting-bankerregulator-cover-up.html
and the Florida ‘fix’ for foreclosures. operation as designed?
http://www.nakedcapitalism.com/2011/05/florida-kangaroo-foreclosure-courts-likely-to-fold.html
and can any body trust mckinseys?
http://www.nakedcapitalism.com/2011/05/rajat-gupta-and-mckinseys-dented-reputation.html
NY AG Investigation: Why Haven’t Wall Streeters Gone to Jail?
http://news.yahoo.com/s/time/20110520/us_time/httpcuriouscapitalistblogstimecom20110519nyaginvestigationwhyhaventwallstreetersgonetojailxidrssfullnationyahoo
We’re getting value for our Federal taxes (and borrowing).
http://emergency.cdc.gov/socialmedia/zombies_blog.asp
Watching George Carlin’s Who really controls America?
http://www.youtube.com/watch?v=hYIC0eZYEtI&feature=youtu.be
Private the upside(mngmt gain rather than shareholders) and socialize the downside. Good work..if you can get it! Add Tepco to the list.
you ask: “If they fear the free markets, are they really capitalists?” Heck, yeah! Is it played any other way?
I always scan your “reads” and this time landed on the Harvard Business Review blog. A thought provoking and well written piece that I’ve been processing for a couple of days now. It offers a contemporary but timeless message much as did Walt Kelly in 1970 when he wrote, “We have met the enemy and he is us.” The more things change the more they stay the same?
Interesting interview with Jim Grant …
http://finance.yahoo.com/news/Once-bullish-contrarian-Jim-apf-265701620.html?x=0&sec=topStories&pos=5&asset=&ccode=