September 11, 2008
A few quick links to some things elsewhere of interest: Volume and price patterns around a stock's 52-week high (SSRN) Less than 62% of the $6.88-trillion on deposit at U.S. banks is insured (Bankrate) Economist Ken Rogoff: Current crisis is...
Everyone loves to prattle endlessly about how much higher personal savings is in China compared to the U.S. The U.S. rate has, until recently, saved a shrinking percentage of income, because of, among other things, the ease with which consumers...
Given someone's mischievous attempt today to anonymously insert Lehman Brothers bankruptcy news into that troubled company's Wikipedia entry, I thought it would be fun/interesting to have a closer look at that page's recent edit history. So, here is a graph...
A reader just pointed out to me that mischievous sorts are messing with Wikipedia by inserting supposed "facts" in the entry there about troubled investment bank Lehman Brothers. Here is the insert, which was removed a scant few minutes later...
Yves over at Naked Capitalism is saying that she has two sources telling her that Lehman is at its end, with Goldman set to buy the firm. The stock is certainly trading today like a take-under is coming, down sharply...
Lots of people still suggesting sovereign wealth funds as the eventual saviors of the U.S. financials. While that is, of course, possible, it's worth having a gander back at how their last attempt at picking a bottom in the sector...
9/11 in photos, then and now, via the Boston Globe. My own unplanned remembrance this morning just stretched out much longer courtesy of these alternately inspiring and heartbreaking pictures....
