Money & Markets – Week of 8.14.11

Unemployment in July Rose in 28 States, Fell in 9
Yahoo Finance (19 Aug 11)

Bank of America Plans Big Layoffs to Cut Costs
The New York Times (19 Aug 11)

Moody’s Analyst Breaks Slience: Says Ratings Agency Rotten To Core With Conflicts, Corruption, And Greed</a><br /> Business Insider (19 Aug 11)</p> <p><a href="http://www.businessweek.com/magazine/the-stress-of-carrying-cash-08112011.html" target="_blank">The Stress of Carrying Cash</a><br /> Bloomberg Business (11 Aug 11)</p> <p><a href="http://www.nakedcapitalism.com/2011/08/marshall-aureback-are-we-approaching-the-endgame-for-the-euro.html" target="_blank">Marshall Auerback: Are We Approaching the Endgame for the Euro?</a><br /> naked capitalism (19 Aug 11)</p> <p><a href="http://www.bloomberg.com/news/2011-08-18/chinese-protest-5-billion-losses-tied-to-u-s-reverse-mergers.html" target="_blank">Chinese Protest $5 Billion Loss Tied to U.S. Stock Market Reverse Mergers</a><br /> Bloomberg (18 Aug 11)</p> <p><a href="http://www.zerohedge.com/news/epic-23-billion-domestic-stock-fund-redemptions-dwarf-post-flash-crash-outflows" target="_blank">Epic $23 Billion In Domestic Stock Fund Redemptions Dwarf Post-Flash Crash Outflows</a><br /> Zero Hedge (17 Aug 11)</p> <p><a href="http://www.zerohedge.com/news/all-sectres-days-work-total-us-debt-hits-all-time-record-1461556734820371-28-billion-higher-ove" target="_blank">All In A SecTres Day’s Work: Total US Debt Hits All Time Record $14,615,567,348,203.71, $28 Billion Higher Overnight</a><br /> Zero Hedge (16 Aug 11)</p> <p><a href="http://finance.yahoo.com/news/Allstate-sues-Goldman-Sachs-apf-2033960331.html?x=0&sec=topStories&pos=7&asset=&ccode=" target="_blank">Allstate Sues Goldman Sachs Over Toxic Investments</a><br /> Yahoo Finance (16 Aug 11)</p> <p><a href="http://www.pionline.com/apps/pbcs.dll/article?AID=/20110815/DAILYREG/110819941/1052/PITopicNewsletter01&template=PITopicNewsletter01&issuedate=20110816" target="_blank">UTIMCO Tweaks Endowments’ Targets</a><br /> Pensions&Investments (15 Aug 11)</p> <p><a href="http://www.hussmanfunds.com/wmc/wmc110815.htm" target="_blank">Two One-Way Lanes on the Road to Ruin</a><br /> Hussman Funds (15 Aug 11)</p> <p><a href="http://www.nytimes.com/2011/08/15/opinion/stop-coddling-the-super-rich.html?_r=1&src=me&ref=general" target="_blank">Stop Coddling the Super-Rich</a><br /> The New York Times (14 Aug 11)</p> <p><a href="http://www.csmonitor.com/Business/Mises-Economics-Blog/2011/0810/The-higher-education-bubble-has-popped?source=patrick.net" target="_blank">The Higher Education Bubble Has Popped</a><br /> CSMonitor.com (10 Aug 11)</p> <p><a href="http://finance.yahoo.com/news/Foreign-holdings-fell-during-apf-1288700432.html?x=0&sec=topStories&pos=8&asset=&ccode=" target="_blank">Foreign Holdings Fell During Debt Limit Talks</a><br /> Yahoo Finance (15 Aug 11)</p> <p><a href="http://finance.yahoo.coms/daily-ticker/buffett-blasts-low-taxes-billionaires-says-congress-must-142239366.html?sec=topStories&pos=4&asset=&ccode=" target="_blank">Buffett Blasts Low Taxes On Billionaires, Says Congress Must Stop Coddling Them</a><br /> Yahoo Finance (15 Aug 11)</p> <p><a href="http://ftalphaville.ft.com/2011/08/15/652766/a-grinding-credit-crunch-in-the-periphery/" target="_blank">A Grinding Credit Crunch in The Periphery</a><br /> ft.com/alphaville (15 Aug 11)</p> <p><a href="http://www.cbsnews.com/stories/2011/08/14/60minutes/main20091720.shtml?tag=cbsContent;cbsCarousel" target="_blank">A Look at The World’s New Corporate Tax Havens</a><br /> CBS News (14 Aug 11)</p> <p><a href="http://www.bloomberg.com/news/2011-08-11/france-spain-italy-belgium-ban-short-sales-to-halt-rout-in-bank-shares.html" target="_blank">European Bans on Short-Selling Seen as Failing to Reverse Bank Stock Slide</a><br /> Bloomberg (12 Aug 11)</p> <p><a href="http://www.safehaven.com/article/22146/yes-virginia-us-back-in-deflation-inflation-scare-ends-hyperinflationists-wrong-twice-over" target="_blank">Yes Virginia, U.S. Back in Deflation; Inflation Scare Ends; Hyperinflationists Wrong Twice Over</a><br /> Safe Haven (12 Aug 11)</p> <p><a href="http://www.itulip.com/forums/showthread.php/20102-You-re-not-going-to-believe-this-Eric-Janszen?s=a599878384dfa0af32bdcd386d1b899a" target="_blank">You’re Not Going to Believe This – Eric Janszen</a><br /> ITulip.com (12 Aug 11)</p> <p><a href="http://www.businessweek.com/news/2011-08-15/fidelity-investments-boyce-greer-dies-in-kayaking-accident.html">Fidelity Investments’ Boyce Greer Dies in Kayaking Accident</a><br /> Bloomberg Bussinessweek (15 Aug 11)</p> <p><a href="http://www.cnn.com/2011/BUSINESS/08/14/world.bank.danger/index.html" target="_blank">World Bank Chief: Global Economy in ‘New Danger Zone’</a><br /> CNN.com (15 Aug 11) </p> <p><a href="http://finance.yahoo.com/banking-budgeting/article/113324/rich-shy-from-stock-risk-wsj;_ylt=AmzMIt1Xc9g92vI9aIkPAha7YWsA;_ylu=X3oDMTE1M3V1MmFlBHBvcwM4BHNlYwN0b3BTdG9yaWVzBHNsawNyaWNoc2h5ZnJvbXI-?mod=bb-budgeting&sec=topStories&pos=5&asset=&ccode=" target="_blank">Once Bit, Rich Shy From Risk of Stocks</a><br /> Yahoo Finance (15 Aug 11)</p> <p><a href="http://cnsnews.com/news/article/average-teen-unemployment-rate-dc-501-an-0" target="_blank">Average Teen Unemployment Rate in D.C. is 50.1%, Analysis Shows</a><br /> CNS News.com (12 Aug 11)</p> <param name="movie" value="http://www.msnbc.msn.com/id/32545640" /><param name="FlashVars" value="launch=44079837^262120.99999999997^582149&width=325&height=242" /><param name="allowScriptAccess" value="always" /><param name="allowFullScreen" value="true" /><param name="wmode" value="transparent" /><embed name="msnbc78d23b" src="http://www.msnbc.msn.com/id/32545640" width="325" height="242" FlashVars="launch=44079837^262120.99999999997^582149&width=325&height=242" allowscriptaccess="always" allowFullScreen="true" wmode="transparent" type="application/x-shockwave-flash" pluginspage="http://www.adobe.com/shockwave/download/download.cgi?P1_Prod_Version=ShockwaveFlash"></embed></p> <p style="font-size:11px; font-family:Arial, Helvetica, sans-serif; color: #999; margin-top: 5px; background: transparent; text-align: center; width: 325px;"> <p><a href="http://www.nakedcapitalism.com/2011/08/dylan-ratigans-mad-as-hell-moment.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed:+NakedCapitalism+%28naked+capitalism%29" target="_blank">Dylan Ratigan’s Mad as Hell Moment</a><br /> naked capitalism (9 Aug 11)</p> </div></article><div id="comments" class="mh-comments-wrap"> </div> </div> </div> </div> <div class="mh-copyright-wrap"> <div class="mh-container mh-container-inner clearfix"> <p class="mh-copyright"> © Copyright 2024 Solari, Inc. 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