Hypo Needs an Extra $10.2 Billion to Survive – WSJ.com
"German real-estate financier Hypo Real Estate Holding AG needs an additional €7 billion ($10.2 billion) in capital from the German government to stay afloat and won’t return to profitability until 2012 at the earliest, Chief Executive Axel Wieandt said at a shareholder meeting."

When Old Flames Beckon [...]

The Alignment of Asset Reflation and a Collapsed Economy | Gregor.us
"there is no macroeconomic recovery occurring in the United States. What’s unfolding currently is snap-back from last year’s crash, which led us to the bottom of a spider-hole. The positive bits of macro data, dribbling out here and there, are really just about getting us [...]

La producción industrial cae un 13.1% y encadena 16 meses de descensos
Spain’s industrial production is still cliff diving. How are their banks able to withstand this catastrophe?

FT.com – HSBC chief fears a second downturn
Consider this a double dip alert.

There’s no such thing as too big to fail in a free market – Telegraph
This is an [...]

Bronte Capital: Are the Spanish banks hiding their losses? Looking at the American data
John is dubious about Spain like Edward Hugh. It seems a bit hard to believe we could have a depression-like environment in Spain without a serious banking crisis. But, this is what we have seen to date unlike in Ireland, the US, [...]

I am going to double up on links today as I have a lot that I have found with more sill to come tomorrow morning. Enjoy this lot.
 
Is the Swiss Health Care System a Good Model for US? – Gary Becker
The Swiss health care system has several important properties that I (and many others) have [...]

I am just getting back up to speed, so expect to see a few older links I flagged for myself but did not post in the past few days.
Jobless rates rise in all U.S. cities in August | Reuters
"Unemployment rates rose in all cities across the United States in August from a year earlier, with [...]

Stanford Puts $1 Billion in Assets on Block – WSJ.com
"Stanford University, which lost a quarter of its endowment last year, has put on the block as much as $1 billion of hard-to-sell investments ranging from private equity to real estate to timberland as it seeks to raise cash, according to people familiar with the matter."

Jobs [...]

‘Gold has proven historically to be a poor hedge against major inflations’ – Telegraph
"Professor Roy Jastram, of the University of California, conducted the longest-term analysis of this precious metal’s purchasing power, stretching back to 1560 when Elizabeth I ordered new coinage to restore the reputation of the English currency."

Woods first athlete with $1 billion in [...]

Could you spare a stimulus package? – Prieur du Plessis
funny. Could be GM or Citi or anybody really.

Koo: Government fulfilling necessary function – Prieur du Plessis
"According to Koo, American consumers are suffering from a balance sheet problem and will not increase consumption until their personal finances are back in order. The banks are not lending [...]

Press Release: Andrew Ross Sorkin, Too Big to Fail: Vanity Fair | Vanity Fair
"The government secretly tried to orchestrate a deal involving Goldman Sachs in the week following Lehman Brothers’ collapse and considered using the Federal Reserve to help support such a transaction, Andrew Ross Sorkin reports in the new issue of Vanity Fair."

Simon Johnson [...]