News Round-Up: 02 June 2008

Has Oil Production Reached a ‘De Facto’ Peak?

Read It Here First: States’ Impact on Economy

States and Cities Impact On GDP

Taleb’s Harsh Assessment of Bankers, Economists, and the Fed

Housing Woes Hit Affluent Middle-Class Homeowners

UBS CDS Lawsuit: Harbinger of Things to Come?

The Opinionator: Enraged and ‘Confused’

Alt-A Borrowers Looking More Like Subprime Than Prime

S&P slashes ratings on brokers, banks on loan loss worries

Monster: Worrisome Falloff in May Job Listings

The Rising Risk of Emerging Markets

Why Won’t the U.K. Join the Euro?

The Fed, Credit Crisis & Inflation

Lawrence Lindsey on Housing: It’s Only Going to Get Worse

S&P: More Write Downs Coming for Morgan Stanley, Merrill and Lehman


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 and reads another five, skills 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. Edward also writes a premium financial newsletter. Sign up here for a free trial.