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News from around the web: 2009-11-05
Be sure to see William Shatner’s poetic reading of Levi Johnston’s tweets below. Pretty funny.
Buffett Revisits Hunting Ground for Survivors: Alice Schroeder – Bloomberg.com
"Buffett isn’t as bullish as he sounds."
Clever fools: Why a high IQ doesn’t mean you’re smart – New Scientist
I have always said George W. Bush is NOT dumb. He is just wilfully anti-intellectual. This goes to that belief.
TV Bombards Children With Commercials For High-fat And High-sugar Foods
But you knew that
A Court Decision That Reflects What Type of Country the US Is « Patrick J. Buchanan
Civil liberties, anyone?
Cassandra Does Tokyo: Plus ça Change, Plus…
"Welcome to the world of business"
Drei Milliarden Euro: Weitere Finanzspritze für Hypo Real Estate – FAZ.NET
3 billion more for Germany ’s black hole HRE. Where is Neelie Kroes on this? H/T egghat.
Berkshire May Lose AAA From S&P on Burlington Deal – Bloomberg.com
"decrease the liquidity and capital adequacy of the insurance operations"
JPMorgan to Pay $75 Million in Alabama Case – DealBook Blog – NYTimes.com
This is the county sewer CDS case.
FT Alphaville – The Deferred Tax Asset disaster
DTAs go poof if no profits are made. Watch this.
Viewpoint: Like Us, Whitney Sees Risks in Fed’s MBS Exit : HousingWire
A Fed exit could mean higher rates and lower values
Bank of America general counsel was ‘not registered’ to practise – Telegraph
This is not good
Ford Raises $2.5 Billion in Sale of Convertible Bonds – Bloomberg.com
Good move after $1 billion profit. Huge greenshoe, low coupon.
FT.com – German unions to strike over GM U-turn
Expect more of this in Germany .
Forbes India – Stephen Roach: "There are no shortcuts to prosperity"
Good points on India, China and the US
Distraction of the Day: William Shatner in rare form
VIDEO
Also see: News from around the web: 2009-07-29 where Shatner reads Palin Poetry.
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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