Gulag Blog

Lunchtime Links 10-19

Stopping by the Value Investor Congress today….still getting over the Bears’ ATROCIOUS loss last night….

MUST READ: How Moody’s sold its ratings — and sold out investors (McClatchy) Great stuff from Kevin Hall.

Sorry, no jobs. This is California (Reuters) 12.2% unemployment rate in the Golden State.

With privilege comes…? (PIMCO) Downward pressure on the dollar to continue, but will it be a rout?

FDIC failed to limit commercial real estate loans (Bloomberg) Regulators had plenty of power to corral the bubble. They just didn’t use it.

Goldman, can you spare a dime (Frank Rich) Obama is modeling himself on the wrong Roosevelt. We need Teddy, not Franklin…

Everything you know about China is wrong (Newsweek) I think economic power is shifting from West to East. But it’s going to be a very bumpy ride. China’s got LOTS of its own problems. And the author doesn’t even mention they may be inflating a dangerous credit bubble…

Man tries to euthanize dog, dog’s owner tries to euthanize man (postandcourier.com)

Human jumbo-tron…

Tags: Fed

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