Great grandson returns with medals of hero who led the Charge of the Light Brigade Independent (hat tip Buzz Potamkin)
Superweed’ explosion threatens Monsanto heartlands France 24 (hat tip reader furzy mouse)
Sharks’ Virus Killer Could Cure Humans, Study Suggests National Geographic (hat tip reader furzy mouse)
Fortune teller case shines light on little-known group, the Roma McClatchy (hat tip Buzz Potamkin)
Banks must prepare for further shocks, warns BoE’s Financial Policy Committee Telegraph. OMG, a regulator says that banks must cut back on bonuses!
Why white liberals are (really) ditching Obama David Sirota, Salon (hat tip reader Doug T)
Nine American Cities Going Broke 24/7 Wall Street (hat tip reader Carol B)
Does Economics Still Progress? Paul Krugman (hat tip reader Brett). This is the second post in roughly a week in which Krugman sounds really bummed about the state of the world and economics in particular.
What’s behind the scorn for the Wall Street protests? Glenn Greenwald, Salon
Don’t Be Afraid to Say Revolution! Lambert Strether
Ron Suskind’s “Confidence Men”: A Terrible Book Economics of Contempt. I think his stridency is out of proportion to the errors he discusses, but the issues he raises are legitimate.
Supreme Court Is Asked to Rule on Health Care New York Times
SEC probes banks over mortgage loans Financial Times
Call by Fed for Money-Fund Curbs Wall Street Journal. The impulse is correct, but in tightly coupled systems, you need to reduce the tight coupling first. Efforts to reduce risk in tightly coupled systems that fail to address the tight coupling typically make matters worse.
Apple: Can it stop the Amazon menace? Ed Harrison
Interns, Unpaid by a Studio, File Suit New York Times
Nevada AG Masto Gets Up to $57,000 Per Homeowner in Morgan Stanley Settlement Dave Dayen, FireDogLake
Joe Costello: Time to Reclaim our Government, Politics, and Future Dylan Ratigan. Please sign the petition at GetMoneyOutofPolitics
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