Money & Markets – Week of 5.17.09

Morgan Stanley, JPMorgan, Goldman Said to Apply to Repay TARP
Bloomberg.com (19 May 09)

A View From The Hill
Journal of Accountancy

Former Head of Pension Agency Refuses to Testify (Update4)
Bloomberg.com (21 May 09)

UK Risks Losing its AAA Rating
Reuters (21 May 09)

Pimco’s Gross: Sell-off Driven by Fears US Could Lose AAA
Reuters (21 May 09)

Dollar Stops Being Russia’s Basic Reserve Currency
Pravda (19 May 09)

Starve the Beasts – Start the Revolution
Anecdotal Economics (21 April 09)

Bailing On Britain
Jesses Cross Roads Cafe (20 May 09)

U.S. May Strip SEC of Powers in Regulatory Overhaul (Update4)
Bloomberg.com (20 May 09)

N.Y. April Tax Revenue Misses Paterson’s Projections (Update1)
Bloomberg.com (19 May 09)

Evidence of Government Manipulation of The Stock Market
myprops.org (19 May 09)

Is The Rally Over?
Fox Business (14 May 09)

Same Ol Same Ole JP Morgan
Bank Implode-O-Meter (17 May 09)

Can Treasury Sneak IMF Money Through the Supplemental?
Truthout (20 May 09)

Markets Data
Financial Times (20May 09)

UK Parliament Expense Implosion
Financial Times (20 May 09)

Senate OKs Restrictions on Credit Card Industry
Chicago Tribune.com (20 May 09)

Consumers Are Dealt a New Hand in Credit Cards
The New York Times (19 May 09)

Credit Card Industry Aims to Profit From Sterling Payers
The New York Times (18 May 09)

California’s Budget Crisis Even Worse Than Admitted
American Thinker (19 May 09)

U.S. Household Deleveraging and Future Consumption Growth
Federal Reserve Bank of San Francisco (15 May 09)

Auditing Oversight Board Gets U.S. High Court Review (Update1)
Bloomberg.com (19 May 09)

FASB Rule Will Force Banks to Move Assets Onto Books (Update1)
Bloomberg.com (19 May 09)

Asia Will Author Its Own Destruction if it Triggers a Crisis Over US Bonds
Telegraph.co.uk (18 May 09)

BlackRock, BNY Mellon Vie for World No. 1 Spot (Update1)
Bloomberg.com (18 May 09)

Brazil and China Eye Plan to Axe Dollar
Financial Times (18 may 09)

6 Life Insurers Qualify For Bailout Money
CNN Politics.com (15 may 09)

Alliance Bank Kazakhstan Defaults, Misses Principal (Update2)
Bloomberg.com (18 May 09)

Rich Families Question Wealth Advice
Wealth Bulletin (18 May 09)

AIG Launches IPO Process For Asia Crown Jewel
Reuters (18 May 09)

Madoff Ivestigation Expands to Include High-profile Victims
Wealth Bulletin (18 May 09)

1957 Ferrari 250 Testa Rossa Fetches World Record $12.1 Million at Auction
Gizmag (18 May 09)

1927-1933 Chart of Pompous Prognosticators
Gold Eagle

Global Crisis ‘Vastly Worse’ Than 1930s, Taleb Says (Update1)
Bloomberg.com (17 May 09)

Obama Says U.S. Long-Term Debt Load ‘Unsustainable’ (Update2)
Bloomberg.com (17 May 09)

China Keeps Buying US Bonds Despite Concerns
The Sydney Morning Herald (17 May 09)

Consumer Price Drop is Biggest Since ’55
CNN Money (15 May 09)

Goldman, JPMorgan May Be First to Repay TARP
CNBC (15 May 09)

Five US FHLB Banks Delay Quarterly Filings With SEC
Reuters (15 May 09)

Are The People Who ‘Really Run The World’ Meeting This Weekend?
Haaretz.com (14 May 09)

SEC to Consider Surprise Audits of Advisers
The Wall Street Journal (14 May 09)

The Great Social Security and Medicare Panic
mns Money (13 May 09)

Thriving Norway Provides an Economics Lesson
The New York Times (13 May 09)

Naked Short Selling, Treasury Settlement Failures, And Central Bank Money Printing
Market Skeptics (08 May 09)

Obama to Secured Creditors: Drop Dead
Real Clear Markets (04 May 09)

Investors, Leave Hope For Dead
msn Money (23 March 09)

The Failure of the Economy & the Economists
The New York Review of Books