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Economics and Investing:

Karen H. kindly sent us the following items:

Bank of America Posts Third-Quarter Loss on Defaults [1]. “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 [2]

Buyers Suing Trump in Miami Condo Glut as Values Return to 1989 [3] “There’s no recession in the real estate litigation community,”

Focus growing on keeping the jobless in their homes [4].

A Perfect storm’s brewing to cool petroleum demand [5].

Items from The Economatrix:

Workers Still on Job, But Making Half as Much [6]

Delaying Foreclosure Can Lead to Ethical “Heebie Jeebies” [7]

What’s Your Black Friday Shopping Plan? [8]

US Stocks Rise as JPMorgan’s Profit Helps Dow Exceed 10,000 [9]

Soros Says US Will Be Drag on World Growth

Germany Said Poised for a Full Recovery in 2010 [10]

October ZEW Decline Points to Weak German Recovery [11]