Economics and Investing:
From Vanity Fair, on Iceland’s financial rise and fall: Wall Street on the Tundra (HT: Sharon) Flagler County, Florida, had the state’s highest jobless rate: 16.8 percent (HT: F.G.) Items from The Economatrix: Federal Salaries Targeted As Private Sector Pay Stagnates Skies Darken For Bernanke Nomination Luxury Retailers Look To State Christmas Comeback What People Are Splurging On Tech Stocks Pull Market Out Of 3-Day Slide 7 US Banks Seized, 2009 Total Now 140 66% Americans Not Confident Their Children’s Lives Will Be Better Greenspan: Threat To U.S. Fiscal Stability Larger Than Ever