Bank of America Net Income Falls 77% on Writedowns [1]. Something tells me that their acquisition of the mortgage lender Countrywide [2] will not do good things for their balance sheet in the coming year.
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UN chief warns world must urgently increase food production [3]
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Just as I predicted, lots of fallowed land in the CRP [4] is again being tilled: Land Once Preserved Now Being Farmed [5]
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Don’t miss reading this one, from The Market Oracle: Commercial Banks Heading for Huge Derivatives Losses- Credit Crisis Turning into Credit Armageddon [6]