Young, male, testosterone-fuelled CEOs more likely to start or drop deals University of British Columbia
Travelling through China with the Universal Travel Group: fly from Beijing to Yichang – pick up your tickets at Shenzhen airport! John Hempton (hat tip John L). This is amusing if you are a finance type.
Let’s stop pretending that hard work conquers all Gene Lyons, Salon
Japan’s Move on Yen Lacks Global Support New York Times
Paulson made the right sacrifice John Gapper, Financial Times
Allure of Home Ownership Dims, Fannie Mae Survey Shows Wall Street Journal
The hypocrisy of most deficit discussions Linda Beale
September Oversight Report: Assessing the TARP on the Eve of Its Expiration Congressional Oversight Panel. There are some good tidbits in the report, for instance, a confirmation that the bailout of AIG is still projected to lose money (which begs the questions we raised earlier in the week: why is the Treasury still coddling the insurer?), with estimates from government sources ranging from $36 billion to $50 billion. Plus a long form discussion of changing priorities, and how the fact that it was clearly a sop to the banks has real long term repercussions.
Antidote du jour: