Archive - Jul 24, 2009 - Blog entry
A Slip of the Tongue by Geithner?
Submitted by Bruce Krasting on 07/24/2009 11:45 -0500Timmy G. ducked another question on the future of Fannie and Freddie today. Maybe he gave a clue what is brewing while he was ducking.
An Open Letter To The Financial Media
Submitted by 1-2 on 07/24/2009 11:15 -0500It can hardly have escaped your notice that a battle of epic proportions, simmering at the fringes for months, was this very week finally joined. Pursuing what can only be termed a "Möbius strip news cycle" strategy, certain "financial news" programs have taken to throwing those pesky "parasitic" bloggers to the proverbial wolves at every opportunity.
Daily UK and Europe Highlights - 24 July 2009
Submitted by Raymond Shaw on 07/24/2009 04:46 -0500Folks, its Freaky Friday today. Lots of economic data coming out of the cupboard in the Eurozone, mostly PMI and Business Climate numbers. UK's preliminary GDP q/q and services index are out as well today, both quite weak; no green shots here folks. Preliminary printing of the UK GDP figures shows biggest Y/Y fall since the series began in 1955, annualised to -5.6% !
Multiple Choice Trick Question of the Day: Sheila Bair A) Does or B) Doesn’t Believe 500 Banks Will Fail
Submitted by Benjamin N. Dover III on 07/24/2009 00:37 -0500If you answered “C) Both of the above”, not only would you be correct, you'd have the logical reasoning skills required to be a decabox pundit on a respected financial news network.
