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Noteworthy News – April 25, 2011

Economy:

Is the nation headed for a McRecovery? – The Washington Post

Stimulus by Fed Is Disappointing, Economists Say – New York Times

Going swimmingly: The city-state has a handy habit of taking advantage of financial upheaval - Economist

Beijing’s Empty Bullet Trains: Is China investing way too much in its infrastructure? – Slate

Number of the Week: Americans Buy More Stuff They Don’t Need – Wall Street Journal

Markets:

Dollar’s Biggest Decline? 2001-08 - The Big Picture

Dollar Weakens as Global Growth Optimism Buoys Riskier Assets – Bloomberg

How S&P’s warning could actually help US debt - Associated Press

Markets Get Ready to Navigate Fed’s Departure – Wall Street Journal

Obama administration eyes energy markets for fraud – Reuters

Politics:

Bernanke May Reinvest Maturing Debt to Avoid ‘Cold Turkey’ End to Stimulus – Bloomberg

The politics and economics of a falling dollar – Washington Post

Banks:

Bank Of America Makes Easy Profits Off Fed While Depositors Get Shortchanged – HuffingtonPost

Bank of America Wins Dismissal From Countrywide Mortgage Securities Suit - Bloomberg

Rajaratnam, Goldman, Taylor Bean, Wells Fargo in Court News – Bloomberg



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