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Bernstein: Best Value In Junky Names – CNBC.com
It sounds like Bernstein is moving to the dark side.

Obama Approval Stays Steady — Political Wire
"A new Pew Research survey finds President Obama’s approval rate steady at 55% after several months of sliding. However, Obama has seen double-digit declines in positive views on several traits, including whether he [...]

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Ireland to Pay 54 Bln Euros For "Bad Bank" – NYTimes.com
"Finance Minister Brian Lenihan told parliament on Wednesday that the government would demand a 30 percent haircut for parking commercial property loans with a nominal value of 77 billion euros in a state-run "bad bank.""

The Empire Strikes Barack – Barack Obama – Gawker
"Our Nerd President [...]

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In case you didn’t see the video already of Kanye behaving badly, I posted it as my distraction of the day yesterday. Watch that video and you will be up to speed – pretty outrageous.  Below is a Kanye West-inspired dub over of the German movie “Der Untergang”.
Apparently, this video can be used in any [...]

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Wells Fargo fires executive who partied at repossessed Malibu mansion
"For an executive at the US bank Wells Fargo, a repossessed $12m beach house in southern California proved just too tempting. The financial institution has fired a top loans officer for using a luxurious Malibu property for a series of family getaways, culminating in a summer [...]

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Spain’s Struggles Illustrate Pitfalls of Europe’s Common Currency – WSJ.com
"Could the divergent economic fortunes of euro-zone countries pose a problem for the currency union itself?"

Economist’s View: "For All Obama’s Talk of Overhaul, the US has Failed to Wind in Wall Street"
"I also think the administration should have moved faster "to restrict institutions’ size, their risk-taking, [...]

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‘False dawn’ in UK housing market
"It’s tempting to call the turn in the mortgage market at this point, and there is certainly concrete evidence that lending for house purchase is increasing," said the CML’s economist Paul Samter. "But there are still constraints affecting the lending industry’s capacity to fund increased lending, as well as less [...]

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Magna wants to cut 10,500 jobs: report
I guarantee you the job cuts will be disproportionately outside Germany.

Economic crisis not over yet: IMF chief
But if you listened to Larry Summers you’d think we were out of the woods. It is premature to take a victory lap.

Tens of thousands rally against Obama government
Expect more of this.

Windows 7 [...]

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Three failed banks this weekend. The big one is Corus: assets of $7 billion.
FDIC: Failed Bank Information – Bank Closing Information for Venture Bank, Lacey, WA
"As of July 28, 2009, Venture Bank had total assets of $970 million and total deposits of approximately $903 million. In addition to assuming all of the deposits of the [...]

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Below is a little clip allegedly from the Chinese newspaper Southern Metropolis Daily of some precious little schoolchildren. In the clip, a number of them tell us what they want to be when they grow up (I think I wanted to be a baseball player).
Now, I don’t speak Chinese but I understand that all [...]

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This comes from the blog News from 1930:
An out-of-work broker asked a friend who owned a circus for work. His friend said the circus gorilla had recently died, and if the broker wanted to get into the gorilla’s skin, swing around, growl, and amuse the children, he could have the job. Things went well until [...]