Readings 01/27/09

  • Fed Program That Calmed Debt Market Faces a Test (WSJ)
  • Fed’s commercial paper program 90-days old, and set for first test  (Bloomberg)
  • Bad news: we’re back to 1931. Good news: it’s not 1933 yet (Telegraph)
  • Credit control will be much more intrusive in future (Kemp)
  • Nations turn to barter deals to secure food (FT)
  • How Iceland went from world’s biggest hedge fund to pariah in global markets (Guardian)
  • Britain facing return of three-day work week (Independent)
  • Data Show College Endowments Loss is Worst Drop Since ’70s (NYTimes)
  • Asia economic weather map (FT)
  • Virgin: the world’s best passenger complaint letter? (Telegraph)
  • What do we really know about the Great Depression? (Popular Delusions)
  • Bankrupt city of Vallejo, CA reaches deal with police union (Vallejo Times Herald)
  • 2009 Prospects – Trench Warfare (Satyajit Das’s)
  • Man, Cart and Car Mingle in the Beautiful Chaos of Bangkok (WashingtonPost)
  • Geithner debt sales to benefit from Paulson failures (Bloomberg)
  • Incredible picture from Chinese New Year celebrations (

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