Money & Markets – Week of 5.23.10

Antioch California Considers Bankruptcy; Former LA Mayor Predicts Bankruptcy for LA
Mish’s Global Economic (27 May 10)

Germany Confirms Fed Intervention in Currency Markets
GATA (28 May 10)

Lipper Reports Biggest Equity Outflow Since 2002
Zero Hedge (28 May 10)


BRICs at 20 Paces: John Roque vs. Goldman Sachs
Yahoo Finance (28 May 10)

SEC Proposes Stock-Exchange Data Repository
The Wall Street Journal (27 May 10)

IRS ‘Wealth Squads’ On The Way
Forbes.com (26 May 10)

Geithner: US, Europe Broadly Agree on Reform
Yahoo Finance (27 May 10)

Ambrose Evans Pritchard: US Money Supply Plunges at 1930s Pace as Obama Eyes Fresh Stimulus
The Daily Bail (May 2010)

Rudloff Says Europe Debt Concern Hampers Derivatives, Leverage
Bloomberg.com (27 May 10)

FINRA Fines Citigroup For Supervisory Violations
MarketWatch (26 May 10)

BBVA Pares Gains on Report It Can’t Renew Funding
Bloomberg Businesswek (26 May 10)

Moody’s Reiterates U.S. Spending Risks Credit Rating
Bloomberg.com (25 May 10)

European Demand For Dollars Spikes To €5.4 Billion In Wake Of Failed German Auction, Spanish Bank CP Problems
Zero Hedge (26 May 10)

Germany Prepared to Go It Alone to Curb Speculation
Bloomberg.com (26 May 10)

Goldman, BNP Paribas Downgraded by Bondholders: Credit Markets
Bloomberg.com (26 May 10)

Blankfein Emulating Buffett as No. 48 in Wall Street CEO Pay
Bloomberg.com (26 May 10)

World Stocks Sag on Renewed Europe Fears
Yahoo News (25 May 10)

Double-dip Fears Over Worldwide Credit Stress
Telegraph.co.uk (25 May 10)

Bottled Water Pits Nestlé vs. Greens
The Wall Street Journal (25 May 10)

Is The Swiss National Bank Using UBS To Launder Its Euro Purchases?
Zero Hedge (24 May 10)

China May Revalue Renminbi Within 3-4 Months, Deutsche Bank Says
Bloomberg Businessweek (24 May 10)

China Vetting Morgan Stanley Sale of CICC Stake
Reuters (24 May 10)

Texas Rangers File For Bankruptcy, Alex Rodriguez To Lose $25MM In Deferred Comp As Largest Unsecured Creditor
Zero Hedge (24 May 10)

Facebook is Just The First Step, Say Russians
Telegraph.co.uk (22 May 10)

Angela Merkel’s Ban On Naked Short-selling Is Brave, Not Naive
Guardian.co.uk (23 May 10)

Even Cramer Is Now Outraged By The Rigged Casino Formerly Known As The US Equities Market
Zero Hedge (21 May 10)

32 States Have Borrowed from the Federal Government to Make Unemployment Payments; California Has Borrowed $7 Billion
EconomicPolicyJournal.com (21 May 10)

China to Lend Out Its Massive Foreign Exchange Reserves
GATA (20 May 10)