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McCain throws Greenie from the train Greenspan Bears Blame For Econ Crisis:McCain Adviser Feldstein By Michael Casey, Of DOW JONES NEWSWIRES BUENOS AIRES -(Dow Jones)- An influential economist and adviser to U.S. presidential candidate John McCain launched a stinging attack late Tuesday on former Federal Reserve Chairman Alan Greenspan, blaming his policies for sowing the seeds of today...

Merrill May Fail to Sell Bad Loans to Korea Asset (Update3) By Bomi Lim Enlarge Image/Details Sept. 4 (Bloomberg) -- Merrill Lynch & Co.'s talks to sell a ``significant'' amount of bad loans to Korea Asset Management Corp. are faltering because of a dispute over price, the Korean firm's chief executive officer said. ``We have yet to reach an agreement because of differences in assessing...

>>Corinne Coyle reacted to the 10 euro mixture of Baileys, chilli, tequila, absinthe, ouzo, vodka, cider and gin.<< Yechhh. Sounds like something Kevorkian would serve!

An ominous trend to watch: Corporate loan defaults Floyd Norris, NYT The weak go first, and people take comfort from the very weakness of the fallen. The fact that it is only the weak who are suffering is taken as proof that there is no general problem. That is how it was with the mortgage mess, which is still called the subprime crisis even though it has long since spread. Now there are...

Dunno, ork. Equity performance notwithstanding, I think that the survivors stock prices remain insane. NVR averaged $800/share in the peak bubble year 2005. It was at $600 a couple days ago, for a PE of about 5X 2005 earnings of $700M. Do you think they will ever again repeat that year? Ever?!? TOL's best year ever was $800M. Their market cap today is $4.0B. Still 5X the best bubble year....

click on link to hear interview http://finance.yahoo.com/tech-ticker/article/53094 /U.S.-House-Price-Decline-Could-Be-Worse-than-Grea ... U.S. House Price Decline Could Be Worse than Great Depression, Economist Shiller Says Posted Sep 04, 2008 01:36pm EDT by Henry Blodget in Newsmakers, Recession Related: ^gspc, fre, fnm Eight years ago, Yale superstar professor and MacroMarkets ...

Lebron losing game of HORSE video removed I guess NBA wasn't getting their cut http://www.google.com/search?q=horse+lebron+video& ie=utf-8&oe=utf-8&aq=t&rls=org.moz...

Latest Grant's cartoon.

Could work. The Chinese solar plays have seen margins hurt by higher shipping and silicon costs, but both of those are moderating. And when Chinese domestic demand occurs, the domestic manufacturers will be heavily favored by the government. The near term headwind is slowing European growth and stubbornly high polysilicon prices. I don't own any Chinese solar, have been following LDK ...

Global Risk Is Just Around The Curve by Vivianne Rodrigues http://www.postchronicle.com/news/business/article _212169627.shtml The world financial system is near a dangerous tipping point of uncertainty and chaos as economic and geopolitical power shifts away from the United States, according to a new book. In "The World Is Curved: Hidden Dangers to the Global Economy" (Portfolio, $26....

Bizarre as it sounds, I could see the swing vote in this election for the leader of the most powerful empire in world history coming down to this question: "Would you rather see Palin or Biden for the next 4 years?" That's America for you. I think it's a toss up at tis point. Reality TVNation Election 2008.

Thanks.. its not a problem at all. Last evening I mused about the relative irrelevance and got some heat for doing so; I see I didn´t have to wait long for yet another example. Begs the question. If he backpedals today; why did he do it in the first place. But worse: if his comments from the first of September were sincere why didn´t he stick to them. Perhaps the man forgot that ...

So? UK's Darling says optimistic about British economy Tue, Sep 2 2008, 11:04 GMT http://www.afxnews.com LONDON, Sept 2 (Reuters) - British finance minister Alistair Darling said on Tuesday he was optimistic Britain would get through its current economic difficulties, after gloomy comments he made in a weekend newspaper rattled financial markets. "As I said at the weekend, we ...

It appears to be from a guy who understands the business. By refining the analysis with the NPAs weighted by using various Loss given default assumptions (0.40 - 0.80 depending on HELOC, first mortgages, cmbs or other) and backing out goodwill he can create a ranking based on prospective equity which would not be possible using only the Texas Ratio. The correlation between the Texas Ratio ...

Dirtier: >>>>>>>>>>>>>>>>>>>>>> Palin under investigation, Public Safety Commissioner dismissal Governor Palin is currently under investigation by an independent investigator hired by the legislature[49] to determine if she abused her power when firing Public Safety Commissioner Walt Monegan.[50][51] On July 11, 2008, Palin dismissed Walter Monegan as Commissioner of Public Safety and ...

I found this on Integrity bank (Pink: ITYC) webpage: http://www.informz.net/ind-comm-bank/archives/arch ive_628646.html ICBA Debunks Deposit Insurance Myths Washington, D.C. (July 17, 2008)?The Independent Community Bankers of America (ICBA) is challenging unfounded concerns raised about the safety of bank deposits. Federal deposit insurance guarantees your deposits are safe in every ...

Dirty: >>>>>>>>>>>> Matanuska Maid Dairy Closure When on June 6, 2007, the Alaska Creamery Board recommended closing Matanuska Maid Dairy, an unprofitable state-owned business, Palin objected, citing concern for the impact on dairy farmers and the fact that the dairy had just received $600,000 in state money. When Palin realized that the Board of Agriculture and Conservation appoints ...

the cost to its Deposit Insurance Fund will be between $250 million and $350 million. Regions Bank Acquires All the Deposits of Integrity Bank, Alpharetta, Georgia FOR IMMEDIATE RELEASE August 29, 2008 Media Contact: David Barr (202) 898-6992 Cell: 703-622-4790 dbarr@fdic.gov Integrity Bank, Alpharetta, Georgia, with $1.1 billion in total assets and $974.0 million in total deposits ...

The North American 2000s version of:

LOL