Weekend Reading: Crisis Control
09/21/08 - 02:25 PM EDT
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 Quote - Cramer on WFC - Stock Picks) 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 Quote - Cramer on C - Stock Picks) - Above the Fray? (The New York Times)
- We came within minutes of plunging to Dow 8,300, according to some traders. (New York Post)
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