Links: 2009-01-27

| 27 January 2009 19:16

Animal Spirits Depend on Trust – Robert Shiller, Wall Street Journal

Geithner enlists lobbyist as top aide – Jeanne Cummings – Politico.com (Hat tip Marshall)

Argentina’s B- Rating Affirmed by Standard & Poor’s Ratings – Bloomberg.com

Fuld sells $14m home to wife for $100 – Business – NZ Herald News

Broader point about Geithner, Obama, China, and “manipulation” – James Fallows

Paulson reaps £270m ‘shorting’ RBS – FT.com

Nomura posts $3.8bn fourth quarter loss – FT.com

Citi sells $12bn in state-backed bonds – FT Alphaville (this is a freebie whereby Citi gets funding at reduced rates. It should help to recapitalize the company)

Why the Federal Reserve should LITERALLY throw money out of helicopters

Allt fler problemlån i Estland – Dagens Nyheter (basically Swedish banks are way overexposed in Estonia. 95% of the banking market is controlled by the Swedes. Get ready for some huge losses at Swedbank and SEB)

Islandsk kaos koster Danmark dyrt – Berlingske Tidene (Basically, Denmark is way overexposed to Iceland)

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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1 Comment

  1. avatar Alexander Dombroff says:
    3 February 2009 at 16:31

    That fuld article about selling the home for $100 was hilarious!