KT sent the link to an absolutely hilarious British music video parody on YouTube: Bohemian Bankruptcy (Warning: There are a couple of crude moments, so this is not for the kids!)
Reader Tom. L. sent this: London Officially Dethrones New York as World’s Financial Capital
Pat G. flagged this: Big California Bank Fails, Has Two Chinese Branches (Five more US bank failures were announced Friday)
British Airways Makes Record Loss, Cutting 3,000 Jobs. (Thanks to Tom in Essex for the link.)
Items from The Economatrix:
Commentary from Doug Casey: Why Gold Has a Long Way to Go
Clunker Data Shows Pickups Hottest Swap, But Only Got Marginally Better MPG. Your tax dollars at work.
Top Nine Companies With No Layoffs Ever.
Fed Keeps Interest Rates at Near-Zero Emergency Level
Long-Term Jobless Face Frayed Safety Net. “By February I will be in a tent.”
Fannie Mae Getting Into Home Rental Business
Phelps Says Job Market to Bottom 1Q of 2010 Yeah, right!