Tuesday, August 31, 2010

Today's Best Reads

1--Banks Recruit Investors to Oppose Honest Valuation of Assets; Just how Unprepared are Banks for Major Losses?, Mish's Global Economic Trend Analysis (Banks are not prepared for future loan losses)

2--Asset Bubble Addicts Just Can’t Shake the Habit, Caroline Baum, Bloomberg (disproves the "Treasuries are a bubble" theory)

3--Another Housing Tax Credit?, calculated risk

4--THE ANSWER TO A HOUSING RECOVERY: LOWER PRICES, The Pragmatic Capitalist

5--Austerity Hawks Lose Their Celtic Poster Child: Matthew Lynn, Bloomberg

6--IMF Eliminates Borrowing Cap On Rescue Facility In Anticipation Of Europe Crisis 2.0, zero hedge

7--Procrastination on Foreclosures, Now 'Blatant,' May Backfire, American Banker

8--Brother, Can You Paradigm?, Paul Krugman, New York Times (Keynes models work just fine)

9--Andrew Ross Sorkin Warns Readers Not to Make Wall Street Unhappy, Dean Baker, CEPR

10--Fed Watch: No Clothes, Tim Duy, Fed Watch (Bernanke runs up the white flag)

No comments:

Post a Comment