News from around the web: 2009-08-02

Advertisement Kinder, Gentler Banks? It Wasn’t in the Deal – NYTimes.com Good effort on what banks owe taxpayers. But, still not quite there. Hat tip Yves Smith. Financial Armageddon: Jenga Time in CRE CRE is the next big writedown time bomb. Economist’s View: Plain Vanilla Mortgages A must-read piece on mortgage regulation. You should note
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