A Coral Transplant for Japanese Reefs New York Times
Ants inhabit ‘world without sex’ BBC
Facebook Users Get Worse Grades in College LiveScience
For developers of Bend’s Shire, ‘dream’ is over Bend Bulletin (hat tip reader Susan)
Lehman Sits on Bomb of Uranium Cake as Prices Slump Bloomberg
Asking Questions of Larry Summers Felix Salmon
Developers Struggle to Fill Manhattan Office Space New York Times
The Case of the Missing Month Floyd Norris, New York Times. Did you catch this? Goldman disappeared December! I’m not making this up! How can a public company get away with this?
Banks Ramp Up Foreclosures Wall Street Journal
Goldman $10bn repayment faces opposition Telegraph
Useless finance, harmful finance and useful finance Willem Buiter
Cheap Credit = Crummy Companies Paul Kedrosky
Uncertainty and capitalism Edmund Phelps, Financial Times
Cutting back financial capitalism is America’s big test Martin Wolf, Financial Times. Wolf agrees with significant amount of Simon Johnson’s thesis, that the US is captured by financial interests, but also has some important areas of dispute.
Antidote du jour (hat tip reader Kendall). Trust me, you MUST watch this, and you will thank me (and Kendall) for it. Unfortunately, embedding is disabled on this video. so you need to follow this link.







So Yves, yes I read that over at the Gray Lady. There are no rules. I don’t think anyone grasps this, but since Sep 08 _there are no rules or laws operative for regulating the financial industry_. We no have a government of men, who decide day by day what to do, who to enrich, what lie will serve, and what statute to stuff under the mattress. Everything the government has done is a Big Lie straight into the the camera. I mean that sincerely. If the Government chooses to selectively enforce law, there is no law.
That can change back, but I’m not holding my breath. ‘Nother couple of election cycles methinks.
Word verification says we speak of ‘crima’ here. There is a god in the machine, if not a ghost, nor less a Goddess beyond.