-
European Stress Tests and more
Found on naked capitalism on Wed 8th Sep 10
From the WSJ tonight: Europe's Bank Stress Tests Minimized Debt RiskWe've discussed this several times - as an example, in Part 5D of the sovereign debt series, "some investor guy" wrote:Q1. Was there much sovereign stress in the European bank stress tests?NO.
-
John Cassidys Shot at Bernankes Lehman Testimony Goes Wide of the Mark
Found on Macro and Other Market Musings on Wed 8th Sep 10
John Cassidy, and following him, Felix Salmon. took aim at Ben Bernanke’s testimony last week at the Financial Crisis Inquiry Commission explaining why the central bank and Treasury stood aside in Lehman’s extremis. The problem is that both get
-
No Increase In Social Security Age Eligibility!
Found on Angry Bear on Wed 8th Sep 10
Ezra Klein had an excellent piece in Sunday's WaPo criticizing the current push from the Deficit Reduction Commission to raise the retirement age for social security, which he notes seems to have bipartisan support on the commission and is the item they are
-
BPs Deepwater Horizon: Accident Investigation Report
Found on TreeHugger on Wed 8th Sep 10
Michael GibersonBP released the report of its internal investigation into the drilling accident in the Gulf of Mexico. Also available isa half-hour video explanation.The Financial Times energysource blog has identified some of the key points from the report
-
Mark Hurds Oracle Move: Analysts Weigh-in On Saga
Found on Business Pundit on Wed 8th Sep 10
The lawsuit filed yesterday seeking to stop former Hewlett-Packard chief Mark Hurd's move to Oracle, doesn't seem to be helping H-P shares too much Wednesday. The stock is down more than 3%.
-
Health Affairs Covers Malpractice
Found on The Incidental Economist (Posts) on Wed 8th Sep 10
I’m only upset I didn’t get to contribute. Anyway.The September issue of Health Affairs focuses on medical malpractice in the United States, and there are a number of pieces in there worth reading. I’m going to discuss just a few. Unfortunately,
-
A Bipartisan Stimulus Plan
Found on Mish's Global Economic Trend Analysis on Wed 8th Sep 10
President Obama and Democrats are of the Keynesian mindset that we need to get people to work and get the economy moving again and construction projects are a good way of doing so. Republicans disagree and favor tax cuts.On a totally different topic, Republicans
-
Wisdom on Comments
Found on Overcoming Bias on Wed 8th Sep 10
Wisdom from Eli Dourado:On small blogs, people typically comment when they have something to contribute or ask that is relevant to the post. These are frequently of high quality. …On more popular blogs, this positive commenting dynamic is confounded by
-
Uncertainty and the Cyclical vs Structural Unemployment Debate
Found on Macroeconomic Resilience on Wed 8th Sep 10
There are two schools of thought on the primary cause of our current unemployment problem: Some claim that the unemployment is cyclical (low aggregate demand) whereas others think it’s structural (mismatch in the labour market). The “Structuralists”
-
Economic Jolt: Job Openings and Labor Turnover July 2010
Found on Calculated Risk on Wed 8th Sep 10
Today, the Bureau of Labor Statistics released their latest monthly read of job availability and labor turnover (JOLT) showing that private non-farm job openings increased 7.33% since June and rose 33.09% above the level seen in July 2009, job hires increased
Explore