Market Features

Weekend Reading: Crisis Control

 

Good Sunday afternoon, and welcome to another edition of Weekend Reading. Today's column is abridged; we'll go straight to the articles that are worth reading. If you're feeling a bit deranged from the current financial crisis, please note that not all of my selections are crisis-related.

Editor's note: To access some of these stories, registration or a subscription may be required. Please check the individual links for the site's policy.

  • Wall Street: How economic statistics lead us awry. (Fortune)
  • Ex-Drexel chief talks crisis. (IDD)
  • Sovereign funds retreat from Wall Street banks. (BusinessWeek)
  • Fact sheet from Treasury with Saturday night revisions allowing foreign banks into program. (Treasury Department)
  • Toughest part politically for new plan may be non-business media focus on foreign banks. (Politico)
  • Wells Fargo(WFC) sees opportunities in economy woes. (San Francisco Chronicle)
  • How author Ian Rankin manages his money. (Telegraph)
  • The housing meltdown: Why did it happen in the United States? (BIS)
  • Telephone users are finally tossing their landlines overboard. (The New York Times)
  • Robert Shiller on the the Mortgages of the Future. (The New York Times)
  • Major media only telling half the story: It's not just Wall Street's fault. (Time)
  • Fascinating Donald MacKenzie essay on Libor. (London Book Review)
  • Retailers face worst holiday in years. (Reuters)
  • Uphill climb for stocks even with relief plan. (Reuters)
  • What next for financial capitalism? (The Economist)
  • Estimating hedge fund leverage. (BiS)
  • Citigroup (C) - Above the Fray? (The New York Times)
  • We came within minutes of plunging to Dow 8,300, according to some traders. (New York Post)

RealMoney Barometer Poll
1 What would best describe your stance heading into the coming week of trading?
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2 Which of these sectors do you think is set to move up in the coming week?
3 Which of these sectors do you think is set to move down in the coming week?


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At time of publication, Kedrosky had no positions in stocks mentioned, although holdings can change at any time.

Dr. Paul Kedrosky is a former highly ranked sell-side technology equity analyst, and he currently runs a technology finance institute at the University of California, San Diego. He is also a venture partner with Ventures West, an institutional venture capital firm with more than $400 million under management. He maintains a widely read blog called Infectious Greed.

Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. While Kedrosky cannot provide investment advice or recommendations, he appreciates your feedback; click here to send him an email.

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