January 19, 2009
The last time around I posted a link to the PBS Series "The Ascent of Money" it stopped working. It's too good to give up, so let's take another shot -- this time with the version right from the PBS...
Can anyone out there explain to me why we're so busy pretending that the U.S. won't end up nationalizing some of its largest and most messed-up banks? Do we think that if we pretend long enough that we can make...
Good piece in Der Speigel today on German bank debt and the good/bad/fucked bank model there: All the country's top commercial banks and the publicly owned regional banks known as Landesbanken took part in the survey which revealed that the...
From an NBC interview with Warren Buffett aired last night: It really is an economic Pearl Harbor. It-- the-- the country is facing something it hasn't faced since World War II. -- via CNBC...
Felix Salmon of Portfolio and I are doing a live discussion on sovereign defaults here at 9am PST this morning. Feel free to join in when it opens up in the following Coveritlive box:...