KT sent the link to an absolutely hilarious British music video parody on YouTube: Bohemian Bankruptcy [1] (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 [2]
Pat G. flagged this: Big California Bank Fails, Has Two Chinese Branches [3] (Five more US bank failures were announced Friday)
British Airways Makes Record Loss, Cutting 3,000 Jobs [4]. (Thanks to Tom in Essex for the link.)
Items from The Economatrix:
Commentary from Doug Casey: Why Gold Has a Long Way to Go [5]
Clunker Data Shows Pickups Hottest Swap, But Only Got Marginally Better MPG [6]. Your tax dollars at work.
Top Nine Companies With No Layoffs Ever.
Fed Keeps Interest Rates at Near-Zero Emergency Level [7]
Long-Term Jobless Face Frayed Safety Net [8]. “By February I will be in a tent.”
Fannie Mae Getting Into Home Rental Business [9]
Phelps Says Job Market to Bottom 1Q of 2010 Yeah, right!