nakedcapitalism.com - 10/25/2009
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Midway (hat tip reader Scott via Andrew Sullivan ). The photos are very disturbing. You must see them.
Gene therapy transforms eyesight of 12 born with rare defect Los Angeles Times (hat tip DoctoRx)
Citigroup’s “Hail Mary Pass”: How To Know Citigroup Is In Serious Trouble ...
nytimes.com - 11/1/2009
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nytimes.com —
OVER the past 80 years, the United States
government has engineered not one, not two, not three,...
but at least four rescues of the institution now known as Citigroup . In previous instances, the bank came back from the crisis and prospered. Will ...
(more)
Can Citigroup Carry Its Own Weight?
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Drawing The Wrong Conclusions About Protectionism
Stefan Karlsson's blog —
Mark Thoma and Yves Smith points to a study that links the gold standard to protectionist measures during the 1930s on the basis that countries that remained on the gold standard were more likely to restrict trade than those that didn't. I haven't tried to verify that statement, but I think it is probably true. However, the conclusion that the gold standard caused the restrictions is mistaken. Because just what kind of trade was restricted. I don't think it was exports, but imports. And the reason why it is likely that countries that stuck to the gold ...
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Can Citigroup Carry Its Own Weight?
nytimes.com 11/1/2009 — OVER the past 80 years, the United States government has engineered not one, not two, not three, but at least four rescues of the institution now known as Citigroup . In previous instances, the bank came back from the crisis and prospered. Will ...
More Idiocy From the SEC: Reinstatement of Short-Selling Restrictions
globaleconomicanalysis.blogspot.com 7/3/2009 — Inquiring minds are reading S.E.C. May Reinstate Rules for Short-Selling Stocks . They have been reviled as the bad hats of Wall Street, nefarious traders who cashed in on the market collapse and, some insist, helped precipitate it. Now short-sellers, ...
Links 11/6/09
nakedcapitalism.com 29 days ago — Newborn Babies Cry in Native Tongue Live Science (hat tip reader John D)
Understanding long term chronic pain symptoms from minor motor vehicle accidents RFK Action Front, This is intriguing.
Second Life creates virtual world for businesses Raw ...
Citigroup Explores Bid to Pare U.S. Stake
online.wsj.com 9/15/2009 — Citigroup Inc., eager to shed the stigma of being a ward of the state, is working on a plan to reduce the U.S. government's 34% stake. Top Citigroup executives have been devising plans for a possible multibillion-dollar stock offering in which the ...
Citigroup Is Said to Be Raising Pay for Workers
nytimes.com 6/24/2009 — After all those losses and bailouts, rank-and-file employees of Citigroup are getting some good news: their salaries are going up. The troubled banking giant, which to many symbolizes the troubles in the nation’s financial industry, intends to raise ...
Links 8/3/09
nakedcapitalism.com 8/4/2009 — Comets 'not cause of extinctions ' BBC The truth about grit Boston Globe (hat tip reader DoctoRx) DefCon: ‘Credit Hackers’ Win the Credit Card Game … Legally Wired (hat tip reader John M) On the the great Singularitian Political Food Fight: ...
U.S. Pushes a Troubled Citigroup to Heal Itself
nytimes.com 6/11/2009 — Tough words from Washington arrived by phone on Tuesday at Citigroup headquarters in New York. On the line was Sheila C. Bair , the head of the Federal Deposit Insurance Corporation and a powerful behind-the-scenes player at the giant bank. She was ...
Links 3/16/09
nakedcapitalism.com 3/16/2009 — Monkeys 'teach infants to floss' BBC Women opt out of math/science careers because of family demands Science Codex. Please tell Larry Summers. AIG Bonuses – It Gets Worse Bruce Krasting. This post is NOT about AIG bonuses, but about other less ...
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finance.yahoo.com 4/2/2009 — provided by wsjlogo.gif Beaten-Down Shares Hard to Resist; 'My Opportunity to Make Some Money' The old Wall Street adage about the dangers of catching a falling knife doesn't seem to be scaring individual investors away from Citigroup Inc. Some ...
Correction: Citigroup —
The Economist: Full print edition 10/22/2009
In last week’s article on Citigroup, we incorrectly identified Smith Barney, the brokerage unit in which Citi has sold a majority stake to Morgan Stanley, as Salomon Smith Barney, a previous incarnation. Sorry. ... >
Bank bonuses: Compensation claim —
The Economist: Full print edition 10/22/2009
Banks are booming on the back of public support. That subsidy should be clawed back WATCHING an industry committing political suicide is ugly. That is what investment banks are doing by paying bumper bonuses a year after they were saved by state ...