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Noteworthy News – November 19, 2012

Economy:

Cash has been piling up on companies’ balance-sheets since before the crisis – Economist

European economy guide: Polarised prospects – Economist

Euro zone slips into second recession since 2009 – Reuters

Twinkie maker Hostess reaches the end of the line – Seattle PI

Markets:

Learning to Love Volatility – Wall Street Journal

Wenzhou property ‘crash’ may spread – People’s Daily Online

Speculators Find Loopholes in French Transaction Tax – Bloomberg

Politics:

German central bank chief: Greece will eventually need debt haircut, after cuts and reforms – Washington Post

Prison of Debt Paralyzes West – Der Spiegel

Why Washington Has It Wrong on Small Business – Wall Street Journal

Banks:

2 Banks to Settle Case for $417 Million – New York Times

Federal Reserve releases scenarios for bank stress tests – Reuters


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Posted in Economics, Markets, Media, Politics.


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