Economics and Investing:

Karen H. kindly sent us the following items:

Bank of America Posts Third-Quarter Loss on Defaults. “The idea that the financial crisis is over is a fantasy and it looks like the numbers bear that out,”

GE Profit Falls 45% as Revenue Trails Estimated

Buyers Suing Trump in Miami Condo Glut as Values Return to 1989 “There’s no recession in the real estate litigation community,”

Focus growing on keeping the jobless in their homes.

A Perfect storm’s brewing to cool petroleum demand.

Items from The Economatrix:

Workers Still on Job, But Making Half as Much

Delaying Foreclosure Can Lead to Ethical “Heebie Jeebies”

What’s Your Black Friday Shopping Plan?

US Stocks Rise as JPMorgan’s Profit Helps Dow Exceed 10,000

Soros Says US Will Be Drag on World Growth

Germany Said Poised for a Full Recovery in 2010

October ZEW Decline Points to Weak German Recovery