Browsing sites on the web (Business Insider) I came across the ADS index. It appears to track current overall economic health at high frequency, and its currently indicating contraction….
Archive for the ‘Economic Crisis’ Category
Europe holding Wall Street Banks Accountable
Its about time someone held the big Wall Street banks accountable for their destruction of the worlds financial system. Europe bars Wall Street banks from government bond…
Failed Banks May Get Pension-Fund Backing as FDIC Seeks Cash
Bloomberg | The Federal Deposit Insurance Corp. is trying to encourage public retirement funds that control more than $2 trillion to buy all or part of failed lenders.
Are unemployment benefits no longer temporary?
Washington Post | About 11.4 million out-of-work people now collect unemployment compensation, at a cost of $10 billion a month.
FDIC wants pension funds to prop up failed banks
Over 140 U.S. lenders folded in 2009 alone. To remedy the financial void left in their wake, the Federal Deposit Insurance Corporation wants public pension funds, which safeguard…
CDS Spreads of Ten worst Countries and Ten worst US States
California was run worse than 3rd world counties. State………. CDS Spread Venezuela…… 1008.3 Argentina…… 1002.5 Ukraine……….896.8 Pakistan…….. 877.4…
10 new terms for economy
Recession slang: 10 new terms for a new economy The recession may be over, but the new slang it spawned just might be here to stay. Here are our Top 10 picks. The recession…
IMF floats climate change fund idea
UKPA | Strauss-Kahn proposed that countries adopt a quota system similar to the one it uses to raise its own money.
Greeks Brace for More Strikes, Protests
Wall Street Journal | Escalating strikes and street protests this week will test the Greek government’s ability to see through its austerity strategy.
Fed To Keep Bank Oversight
The Huffington Post | Sources point the finger at Treasury Secretary Tim Geithner and Fed Chairman Ben Bernanke, who is unsurprisingly speaking up more loudly now that he’s won reconfirmation.



