News from around the web: 2009-07-28

  • Texting drivers 23 times more likely to crash

    Don’t do it!

  • Google Sells Stake in AOL, Loses $717 Million
  • Au pair lockar i sämre tider –

    Swedish article. Everyone wants to be an Au Pair now in this downturn.

  • Divorce Undermines Health In Ways Remarriage Doesn’t Heal
  • Women are getting more beautiful – Times Online

    But men are still as ugly as before

  • The Ghosts of Clintoncare – Ezra Klein

    Good historical narrative I read at the weekend.

  • A cautionary tale from China – FT

    A wild west story about business in China

  • The Recession Is Over! –

    This article is on the front cover of Newsweek. Should we look at it as a contrary indicator?

  • Wanted: Home for 17,000 tons of mercury – Scientific American Blog

    Some of this stuff has already been shipped overseas.

  • A quick turn of events in Latvia – FT Alphaville

    No political consensus could mean the next leg down.

  • Citi ‘milestone’ as Washington takes 34% stake – FT

    Citigroup converts government preferreds to common.

  • Bernanke defends bail-out package – BBC News

    This is Bernanke’s charm offensive, taking it to the people.

  • China warns banks over asset bubbles – FT

    Jawboning won’t be enough though

  • Secretary Geithner’s China Strategy: A Viewer’s Guide – Simon Johnson

    Johnson says undue deference to China s unwarranted, especially as they have taken on the risk in building a huge long dollar position. No one asked them to do so.

  • The End Of The End Of The Recession | zero hedge

    Must-read attached PDF on the macro picture in America

  • Man Without a Plan – Anna Schwartz

    Anna Schwartz does NOT believe Bernanke deserves re-appointment

  • The Great Preventer – Nouriel Roubini

    Roubini, like many other economists, supports Bernanke’s re-appointment

  • There is no easy way out for central banks – Wolfgang Munchau

    Despite what Bernanke says, the exit strategy is still unclear


    Distraction of the day: Tangerine

  • About 

    Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been 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.

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