News Round-Up: 26 Jul 2008 – weekend edition

| 26 July 2008 04:40

Lean Times in a Town of Billionaires – Deal Book

UK economic growth slows sharply – BBC News

Ottawa rejects Air Canada layoff waiver request – National Post

Eurozone mortgage lending at record low – FT

Japan inflation accelerates – FT

Investors fear worst from UK bank results – FT

WaMu reveals $10bn capital buffer – FT

Mild slide in sales of new homes spurs hopes – LA Times

Downey inches up after report of possible investor interest – LA Times

FDIC seizes First Heritage Bank in Newport Beach – LA Times

Taxing Times: Tax rate on America’s wealthiest 1% falls to 18-year low – MarketWatch

If a Bailed Out Homeowner Gets Foreclosed a Second Time, Has the Government Helped Them? – Dean Baker

Are Inflation Expectations Becoming Unglued? – Mark Thoma

Is Japan really headed for recession? – Japan Economy News & Blog

Stock Market Returns – The Wonder of Compounding – Paul Kedrosky

My Experience at Indy Mac: Fraud, Corruption, Criminality – Big Picture

avatar About Edward Harrison

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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