Here is a sneak peek some links from my weekly Weekend Reading column over TheStreet.com.
- Gulf oil and natural gas companies are shutting production in preparation for Hurricane Dean (Reuters)
- Swiss central bank chief calls U.S. credit crunch “unbelievable” (interactive investor)
- China is look at expandings its hedge fund and private equity holdings (Reuters)
- Funny fake apology letter from subprime struck hedge fund to investors (Bloomberg)
- The President’s “plunge protection team” gets a workout this week (NY Post)
- Forbes has major report on solar power (Forbes)
- Warren Buffett, Jim Rogers, Bill Miller, Jim Chanos, and others on the credit crisis (Fortune)
- More knowing ex-post analysis of the mortgage meltdown (and missing the point that it’s hard for many to get out of a trade until it stops working) (NY Times)
- The S&P 500’s p/e makes stocks cheap, or expensive, or neither, or something (Bloomberg)
And as a bonus online addition, John Mauldin’s latest Report from the Frontline (called “The Panic of 2007”) is highly worth reading. Among other things, I liked his use of figures showing the longstanding downbound price trend of a BBB RMBS CDO (translation: a “BBB” rated, residential mortgage-backed security collateralized debt obligation).