Money & Markets – Week of 7.19.09

We Now Have A Total Gangster Government
YouTube

FDIC’s Bair Seeks Fund to Wind Down Finance Firms (Update2)
Bloomberg.com (23 July 09)

CIT Hit With Interest Rate More Than 25 Times Libor (Update3)
Bloomberg.com (23 July 09)

Opposition to State Budget Deal Mounts
Los Angeles Times (22 July 09)

Revisit Investment Strategy [Must subscribe to read full article.]
Financial Times (22 July 09)

BlackRock Chief Attacks Wall Street Earnings [Must subscribe to read full article.]
Financial Times (22 July 09)

CFTC to Hold Three Open Hearings to Discuss Energy Position Limits and Hedge Exemptions
Commodity Futures Trading Commission (21 July 09)

IMF Plans to Inject $250 Billion Into Members’ Forex Reserves
France24 (20 July 09)

Credit Crunch Part Deux
Merk Mutual Funds (21 July 09)

Calpers Lost 23.4% in 2008, Worst One-Year Decline (Update1)
Bloomberg.com (21 July 09)

Converting an I.R.A. Into a Roth? How’s Your Crystal Ball?
Yahoo Finance (21 July 09)

Why Toxic Assets Are So Hard to Clean Up
The Wall Street Journal (21 July 09)

Goldman: Get Ready For A Monster Second-Half Rally (GS)
The Business Insider (20 July 09)

Fiscal Problems of US States to Continue
Financial Times (20 July 09)

White House Putting Off Release of Budget Update
MyWay (20 July 09)

India Rebuffs US Carbon Demands
Financial Times (21 July 09)

China to Deploy Foreign Reserves [Must subscribe to read full article.]
Financial Times (21 July 09)

Crisis Spurs People to Work For Free – Good or Bad?
Reuters (13 July 09)

US: Universities Face Loss of Millions
University World News (05 July 09)

CIT Gets $3 Billion Lifeline From Bondholders
Reuters (21 July 09)

Is Goldman Starting to Offload Prop Positions?
Zero Hedge (20 July 09)

Goldman Executive Named as Obama Adviser
The New York Times (18 July 09)

AIG’s European Derivatives May Take Decades to Expire (Update1)
Bloomberg.com (17 July 09)

U.S. Should Pay For Carbon Content of Imported Goods: Locke
Reuters (17 July 09)

State Tax Revenues at Record Low, Rockefeller Institute Finds
The New York Times (17 July 09)

Dismantling the Temple
The Nation (15 July 09)

The Real Story of Trading Software Espionage
Advanced Trading (10 July 09)

Fraudsters Target Tax on Carbon Credits
Telegraph.co.uk (19 July 09)

Swine Flu Threatens Deflation Slump
Telegraph.co.uk (19 July 09)

USPS May Be Unable to Make Payroll in October and Retiree Health Plan Costs, Unions’ Letter to White House Says
My Federal Retirement (19 July 09)

US Fears New Crunch as CIT Secures $3bn Financing Deal
Telegraph (19 July 09)

Fiscal Ruin of The Western World Beckons
Telegraph.co.uk (18 July 09)

Are GLD and SLV Legitimate Investment Vehicles?
Seeking Alpha (16 July 09)

Dem Health RX a Poi$on Pill in New York
New York Post (16 July 09)

Michael Collins: Give It Back Goldman!
Scoop Top Scoops (16 July 09)

Some More Observations on The Goldman Squidweb
Zero Hedge (16 July 09)

Chart of The Day: Goldman VaR
Reuters (15 July 09)