Chimpanzees learn from video demo BBC
Ant mega-colony takes over world BBC
Nuns in the U.S. Are Facing Scrutiny by the Vatican New York Times
Few survive cardiac arrest, even with hospital CPR PhysOrg. Yes, but you are supposed to keep doing CPR until someone can do something to get the heart going, like defilibrate. I saw an awful incident in Europe. Our boat was in a lock, and a man in a motorboat behind us had a heart attack. A woman in the boat was desperately giving him CPR but also trying to keep the boat from banging into the lock. Needless to say, that interrupted the CPR. The man died. He probably would have died anyhow, but the point is you need to keep the CPR going even if the person is unresponsive. A doctor on our boat said people have been revived even after an hour plus of CPR.
Consumer credit down a massive 33% in Spain Ed Harrison
Harmful financial innovation Willem Buiter
Fissures Appear at the New York Fed Wall Street Journal
Wall Street Pay Approaches 2007’s Record Highs Huffington Post
SEC scraps brokers’ votes in board elections Financial Times
Hotel Loan Defaults Double In Second Quarter Boom2Bust
Gold – Weekly Chart Jesse. I am not sure I believe in this stuff, but the chart is cool.
WTO warns on barriers to trade Financial Times
The Man Who Crashed the World Michael Lewis, Vanity Fair (hat tip Economics of Contempt). On AIG.
sliim_sopata, can you please ping me at yves@nakedcapitalism.com? You had recommended some Citi research, which a blog contact could retrieve, but he needs a bit more detail to locate the piece. Thanks!
Antidote du jour. This is a famous pair, if you have not come across them before:







Yves: Thanks for the link to the NEJM.
Note typo in your comment: "defibrillate" is correct spelling.
Re gold, I visit Jesse's blog a lot and, while impressed by his technical charts, haven't found them predictive. Gold is down big today.