Lambert again generously provided a lot of the links tonight. If it is not narrowly financial and not attributed, it probably came from him.
The Book of Jobs Moe Tkacik, Reuters
Google to Sell Heads-Up Display Glasses by Year’s End New York Times. Eeek, I like leaving my computer when I leave my computer. And I guarantee this will produce more car accidents.
Prions point to a new style of evolution New Scientist. Not new new but still intriguing.
Men Aren’t Going Extinct, DNA Study Finds Bloomberg. Should we be relieved?
Georgia Democrats Seek Vasectomy Ban In Response To Abortion Bill Huffington Post (hat tip reader furzy mouse)
Headline-grabbing way to take the news out of News Corp Financial Times (hat tip Buzz Potamkin)
Cherie Blair sues over hacking as Church case heads to court Independent (hat tip Buzz Potamkin)
More zombie PMIs MacroBusiness
Chinese inflation is here to stay MacroBusiness
WikiLeaks: Saudis often warned U.S. about oil speculators McClatchy (hat tip Tom Ferguson). Yet Krugman insisted there was no oil speculation.
What Really Happened in the “Yom Kippur” War? Counterpunch (hat tip reader Chuck L). Holy moley.
Chinese Open First Car Plant in Europe Der Spiegel
Germany fights eurozone firewall moves Financial Times. So Germany is putting the screws so hard on Greece as to make default a realistic possibility, yet is unwilling to fund bigger risk cushions in case Something Bad Happens.
Outlook for growth back on agenda Financial Times. Quelle surprise!
The “Can’t Find Workers” Meme Ryan Chittum, Columbia Journalism Review
Tom Miller, HUD Officials Laugh at Schneiderman Publicly Dave Dayen, Firedoglake and Firedog bitten Politico. You need to read both to watch inept damage control at work. We have HUD trying to walk back what it said about the deal, and now we have this reporter trying (on behalf of Donovan? on his own?) to obfuscate what Donovan and Miller clearly said. And he does it by trying to straw man Dayen (and notice the coward provides NO link to Dayen’s piece, making it harder for readers to see his misrepresentation). The good news is Dayen must be doing some damage if the officialdom is this desperate to take a notch out of him.
New Study From Consumer Advocates Shows Mass Servicer Abuse Dave Dayen, Firedoglake and Servicers Continue to Wrongfully Initiate Foreclosures: All Types of Loans Affected NACA. Yes, Virginia, it is every bit as bad in servicer land as we and others have been telling you.
New York Courts to Intensify Efforts to Prevent Foreclosures New York Times (hat tip Buzz Potamkin). What do you want to bet this will prove more effective than the mortgage settlement?
Obama Campaign Lists 35 National Co-Chairmen Wall Street Journal. Notice who is on the list: attorneys general Kamala Harris (California) and Tom Miller (Iowa, and leader of the AG effort)
Sign the Petition to Break Up Bank of America Public Citizen. Quixotic but why not.
Bank Lobby Widened Volcker Rule Before Inciting Foreign Outrage Bloomberg. Notes reader Michael C:
If the US regulators had any balls at all they could resolve this fake ‘international regulatory diplomacy’ issue by rescinding the Treasury prop trading exemption for the US the banks. Int’l problem solved/US banks smacked into line.
Let the non-bank primary dealers run the US Treasury Markets.
The bankers don’t seem to realize, as Whalen’s dictation yesterday indicates, that the Universal Banking model in the US has been seriously reimagined through Dodd-Frank. The replacement model is a scaled down pre 9/2008 Bank Holding Company, ex prop trading. The industry believes the post 2008 Bank Holding Company baseline is Goldman and Morgan Stanley.
The Alt. Banking Group of OWS has a blog! It needs an RSS feed, but I assume that will come soon. Mathbabe reports that Alt. Banking provided some short comments to the CFPB on credit scoring.
Responding to Critics, S.E.C. Defends ‘No Wrongdoing’ Settlements New York Times. Lame.You can see even from this story that she admits the banks break their agreements. So how can she claim they are effective?
Investigators Probe a Rush at MF Global to Move Cash Wall Street Journal. Wish I had time to write on this. So the new excuse is they had crappy records and didn’t realize they were dipping into customer funds. My answer: a big dealing firm that is that crappy at record keeping would have been dead sooner.
Economics and society: Barrier to a breakthrough Robin Harding, Financial Times
Antidote du jour (hat tip reader Duarte). I hope this was not mean to the pig. I think he must have been deprived of a meal to deliver this performance: