FDIC Disowns Geithner Embarrassment. (Thanks to “Word” for the link.)
Morris suggested an editorial about the coming collapse in commercial real estate by Doug Hornig of Casey Research: De Nile is not just a river in Egypt
G.S. liked this: The gun that beat inflation; Commentary: How the Colt Peacemaker outshone gold. [JWR Adds: And you can’t shoot a burglar with a Krugerrand. Well, maybe you could with a Wrist Rocket, but that would take some explaining, in court.]
Items from The Economatrix:
Fed: GMAC to Receive More Bailout Money
Sprint Plans to Cut Up to 2,500 Jobs
Economists Seek to Fix a Data Defect That Overstates the Nation’s Vigor
Harmony in G-20 Starting to Unravel
UK: Financial Mess Isn’t Even at the End of the Beginning
Daddy, If Incomes are Down, Where is All the Economic Spending Coming From?
The New Faces of Day Labor
Landing a Job is Like Getting into Harvard