Money & Markets – Week of 7.07.08

Russia is Most Likely Midwife of a Fairer World Economic Order
By Massoud Hedeshi – Al Jazeera.net (10 Jul 2008)

Money Supply (MZM) at 10 Jul 2008
St. Louis Federal Reserve Report

~ Previous blog posts on MZM: (1) (2) (3) (4) (5) (6) (7)

Fannie, Freddie Downgraded by Derivatives Traders
By Shannon D. Harrington & Dawn Kopecki – Bloomberg.com (9 Jul 2008)

n Depth Look at the Rating Agencies & the Mortgage Crisis [Must register to read full articles]
At FinancialTimes.com (10 Jul 2008)

The Benefits of Holding Off on Social Security
By Glenn Ruffenach – Wall Street Journal (9 Jul 2008)

What is Congress Thinking?
Might Congress disinvite Mozilo from his millions in ill-gotten gains?

Abu Dhabi Buys Chrysler Building; Next — Mount Rushmore?
By Amy Westfeldt – Associated Press (9 Jul 2008)

Financial Permaculture
At gaiapoiesis Blog (8 Jul 2008)

Thanks for Bill Murphy of LeMetropole Café for pointing this out.

SEC Should Investigate Bear Collapse: JP Morgan CEO
By Michael Erman – Reuters (7 Jul 2008)

Platts Review Bars Lehman From Key Oil Trade Window
By Annika Breidthardt, et al – Reuters (7 Jul 2008)

Fed Considers Extending Emergency Loans for Wall Street
By Jennine Aversa – Associated Press (8 Jul 2008)

TIPS Flunk Inflation Test as Fuel, Food Overtake CPI
By Ssandra Hernandez – Bloomberg News (7 Jul 2008)

Oil Price Shock Means China is at Risk of Blowing Up
By Ambrose Evans-Pritchard – London Telegraph (8 Jul 2008)

Social Security Benefit Calculators

IndyMac: Significant Seizure Chatter – Is This The End? Finally!
By Mr. Mortgage – Daily Mortgage/Housing News (6 Jul 2008)

Who Killed the Economy?
Vote your pick – Portfolio.com (24 Jun 2008)

Merrill May Consider Bloomberg and BlackRock Sales
By Ajay Kamalakaran – Reuters (7 Jul 2008)

Countrywide’s VIP Club-Angelo’s Friends – A look back at moments from the life of Angelo Mozillo, Countrywide’s founder and former chief executive – Portfolio.com

Fed Official Admits Inflation Figures Are Phony
By Ros Krasny – Reuters (3 Jul 2008)

G-8 Meets as Economy Storm Clouds Thicken
By Malcolm Foster – Associated Press (4 Jul 2008)

AP Notes Currency Intervention Option and Monetization of Oil
By Tom Raum – Associated Press (6 Jul 2008)