My afternoon train reads:

• Fed fights back against ‘feral hogs’ (FT.com)
• What You Need To Know About Market Swings (Fox) see also Even Dalio’s Bridgewater seen as a loser in market sell-off -sources (Reuters)
Greenwald: Beltway media types are ‘courtiers to power’ (Erik Wemple)
• How Shareholders Are Ruining American Business (Atlantic)
• How Austerity Has Failed (New York Review of Books)
• The Roots of the Next Financial Crisis—How Wall Street Undermines Reform (Daily Beast)
• What is the Best Predictor of Unhappiness? (priceonomics)
• Burger War as Five Guys, Shake Shack to Open in London (Bloomberg)
• Why does everyone except Google want to build a reader? (Gigaom) see also Google Finally Admits That Its Infamous Brainteasers Were Completely Useless for Hiring (Atlantic)
• Why basic 3D printers are crazy cheap now (Ars Technica)

What are you reading?

 

TARP Tracker from October 2008 to date
Chart
Source: U.S. Department of the Treasury

Category: Financial Press

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.

9 Responses to “10 Monday PM Reads”

  1. > Greenwald: Beltway media types are ‘courtiers to power’

    Gregory, Schieffer, etc get the same talking heads who week after week provide the same predictable answers to questions . . . these programs are little more than venues for political posturing or PR, presided over by hosts who travel the same beltway social circuits as many of their guests . . .

  2. Petey Wheatstraw says:

    “Markets In Turmoil As Price Of Money Skyrockets To $90 A Dollar”

    http://www.theonion.com/articles/markets-in-turmoil-as-price-of-money-skyrockets-to,32939/

  3. Randel says:

    Good chart, now you can just draw a straight line into the future for the Green past that will not go away, as that is the $30 billion General Motors will never be able to pay back to taxpayers.

  4. rd says:

    I am surprised that the Fed has finally figured out that Wall Street traders are not honorable debonaire sophisticated men about town.

  5. gfcz says:

    http://www.gurufocus.com/stock-market-valuations.php

    Looks like a we heading fora larger correction than what I previously thought, have to correct my expectations.

  6. Mike in Nola says:

    So, is this just the latest smear tactic or are the sociopaths who run the US incapable of conceiving of acts of conscience?

    U.S. Said to Explore Possible China Role in Snowden Leaks
    http://www.bloomberg.com/news/2013-06-25/u-s-said-to-explore-possible-china-role-in-snowden-leaks.html

    • cowboyinthejungle says:

      For the most part, it is depressing how awful the various federal-industrial complexes have become. There is a part of me, however, that enjoys watching a system increasingly lose control as the tighter they squeeze, the more that slips out of their grasp.

      Also, Greenwald and Chris Hedges are my journalist-heroes that openly confront corrupt power.

  7. Julia Chestnut says:

    I find myself in the unfamiliar territory of distilling hope from the comments on the Washington Post digital issue. Ordinarily, those comments make me concerned that evolution may be working in reverse.

    There were two “stories” in the WaPo about the Greenwald flap – the one you link, and a terrible hack piece by someone named Paul Farhi. Mr. Farhi thinks that Greenwald is not dispassionate enough to count as a journalist, apparently. Both of the opinion columns in question see a majority of comments supporting Greenwald and calling what he did journalism – which the commenters claim to know by the resulting uproar among those in power.

    Interesting. Heartening, even.