When it comes to global banks, size matters Gillian Tett
Too Big To Fail, Politically Simon Johnson. Every reform-minded economist hates the Obama white paper. Bankers seems pretty happy, though.
Roubini: New Regulations "Go in the Right Direction," But Not Far Enough Tech Ticker. Roubini is so diplomatic when it comes to Summers and Geithner.
The lessons of 1937 Christina Romer
Martin Wolf Speak, You Listen CJR. This is a derivative of the Great Depression II meme which Martin Wolf picked up on.
Toxic Chemicals – New Toxic Chemicals to Avoid Daily Green
Outsider in the world of economics takes a dim view of ‘rotten’ banks Irish Independent. Interview with Jamie Galbraith.
The next big investment bubble Money Week
If FedEx is losing money, you know the economy is in bad shape – Credit Writedowns
Polls find rising concern with Obama on key issues Reuters. Is the honeymoon over?
La mora bancaria alcanza el 4,420% en abril, la ms alta desde agosto de 1996 Finanzas (Spain). Loan delinquency in Spain is at a 13 year high and still increasing. Because Spanish loans are not marked to market more of the losses lie ahead of us than in the U.S.
Antidote du Jour: