Morrie recommended a web page that he found by way of Dan Denninger’s site: Move Your Money.
SJR spotted this: Government moves closer on fresh aid to GMAC
El Jefe Jeff E. sent this: Economists React: Prices Have Further to Fall.
Also from Jeff come this in The Wall Street Journal: State, Local Tax Revenues Decline 7%
Items from The Economatrix:
Government Gives GMAC $3.8 Billion in New Aid, Boosts Stake
Chinese Firm Says it Won’t Pay Goldman on Derivatives Losses
Banks Bundled Bad Debt, Bet Against It, and Won
World Stock Market Rally Seizes Up
Consumer Confidence Up, House Prices Stall
The Day The Dollar Died (Part 10): The Dented Crown and Worthless Pound
Gold Rush Grips China as People on Buying Spree
Zero Corner, Debt Costs and Isolation