Coffee ‘may reverse Alzheimer’s’ BBC. A high dose, I might add.
From predator to plant in one gulp Byte Sized Biology
Obama reaches the limit of a friendly tone Clive Crook, Financial Times
Bernie Madoff Is No John Dillinger Frank Rich, New York Times. I am late to this. A good piece with a not-so-hot headline.
As Retailers Cut Back CIties Confront ‘Ghostboxes’ Huffington Post
New Light in Old Bulbs New York Times
Women should have the confidence to go post-PC Lucy Kellaway, Financial Times
The Risk of Junk Upends Leverage BreakingViews
Recession may get worse, Gordon Brown warns world leaders Times Online (hat tip DoctoRx)
The (mythical?) housing wealth effect Charles W. Calomiris, Stanley D. Longhofer, and William Miles. I’d like to know why conventional wisdom among economists was that the wealth effect was significant when asset values were rising and they are now minimizing its impact when they are in the toilet. Does the asymmetrical economist response reflect asymmetrical consumer behavior?
UBS: ‘The disaster in Spain will continue’ Ed Harrison
Banks Take Aim at Revolvers CFO. Today’s must read. Unsexy but important.
Is A Case Of Quant Trading Sabotage About To Destroy Goldman Sachs? Tyler Durden, This by contrast is mind-boggling. Why do I think money laundering is a piece of this too?
Antidote du jour. Red river hog piglets at the LA Zoo (hat tip DoctoRx):