We are hosting the Book Salon for Gretchen Morgenson’s and Josh Rosner’s Reckless Endangerment on Saturday at FireDogLake from 5-7 PM EDT. Be there or be square!
Giant lobster avoids becoming lunch and finds home on Coney Island Daily News (hat tip Buzz Potamkin)
Aliens may destroy humanity to protect other civilisations, say scientists Guardian (hat tip Buzz Potamkin). The idea that aliens or anyone cares is a bit narcissistic. And if I recall correctly, at one of the big species loss boundaries (forgive me for looking up which one, the Permian-Triassic or KT), the Earth was pretty close to barren for nearly 100,000 years. So more complex life forms have come back from some pretty serious reversals.
Critters Moving Away from Global Warming Faster Common Dreams (hat tip reader Aquifer)
BP’s Gulf Oil Well May Be Leaking AGAIN: “The Oil May Be Coming From Cracks And Fissures In The Seafloor Caused By The Work BP Did During Its Failed Attempts To Cap The Runaway Macondo Well – And That Type Of Leakage Can’t Be Stopped, Ever” George Washington (hat tip reader Bruno)
New York Subpoenas Energy Companies Over Plans for Gas Wells New York Times
A Society on the Verge of a Meltdown Der Spiegel (hat tip reader Francois T)
The moral decay of our society is as bad at the top as the bottom Telegraph (hat tip reader May S)
Right-Wing Populists Stoke Anti-Southern Rage Der Spiegel (hat tip reader May S)
The Texas “Miracle” Barry Ritholtz
Texans bridle at Perry miracle claims Financial Times. Looks like the miracle he meant was his investing: Perry Made More Than a Million on Real Estate While in Office Bloomberg (hat tip reader Robert M)
Only One in Four Approve of Obama on the Economy Jon Walker, FireDogLake
This is looking more like Hoover every day Ed Harrison
Goldman Sachs VP Changed Name, Now a Top Congressional Staffer TruthOut (hat tip readers Chris McC and Aquifer). This goes in the “You really cannot make this stuff up” category. And what is a guy this seasoned (even forgetting his time at Goldman) doing as a Congressional staffer?
Moody’s, S&P Mortgage Ratings Face Probe Bloomberg. So it is both big agencies, not jus S&P, as first reported by the NY Times, and the DOJ, which means it could be criminal charges.
Manufacturing gauge drops to 2-1/2 year low Reuters. In case you managed to miss this stunner.
Markets suffer global turmoil Financial Times. More market porn: Treasury yields lowest in 60 years.
How the mining boom is shared (or not) MacroBusiness
Medical Debt Cited More Often in Bankruptcies New York Times
Last Straw or Time to Buy? Wall Street Journal
Antidote du jour (hat tip reader Paul S):