Ex-Cop Loses Bank as Dutch Critic Spurs Withdrawals [1]. (A tip of the hat to Karen H. for the link.)
Jonathan H. flagged this: DOW 10,000!!!! Oh Wait, Make That 7,537. [2] Jonathan’s comment: Due to reduced buying power, the current DJIA at 10,000 is equivalent to only 75% of when the DJIA went through 10,000 a decade ago. Additionally,back then $10,000 would have bought 30 ounces of gold; now its only 10 ounces.
Items from The Economatrix:
California Bank Becomes 99th Closure [3]
Financial Meltdown in the Decade of Greed [4]
Food Giants Cut Back on Size But Price Remains the Same
Bankers Should Stay Worried: We’re Watching [5]
Asian Stocks Gain a Second Week on Commodities, Economic Reports [6]
Hedge Fund Chief Charged with Fraud [7]
California Job Losses Continue to Climb [8]
Corporate America Worried About Sinking Dollar [9]
Bonuses Put Goldman Sachs in Public Relations Bind [10]
Sorry, No Jobs. This is California. State’s employers expected to keep cutting staff in 2010.