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Noteworthy News – October 4, 2010

Economy:

In search of real philanthropy – Foreign Policy

Joseph Stiglitz: The Stimulus ‘Absolutely’ Worked, Wants Second Round – Cooks and Liars

Ireland: At economic “ground zero” – Global Post

Echoes of the Great Depression – Wall Street Journal

Markets:

How one automated trade led to stock market flash crash – Washington Post

U.S. Mint says has run out on Buffalo gold coins – Reuters

Foreclosures make up nearly half of California home sales – The Sacramento Bee

Silver Advances to Costliest Versus Gold in 11 Months on Investor Demand – Bloomberg

U.S. Dollar Is `One Step Nearer’ to Crisis as Debt Level Climbs, Yu Says – Bloomberg

Why asset bubbles are a part of the human condition that regulation can’t cure – The Atlantic

Politics:

It’s Time For The Fed To Stop Screwing Savers And Bailing Out Banks And Borrowers With 0% Rates – Business Insider

Study Finds National Debt ‘Tipping Point’ That Slows Economic Growth – Science Daily

Could U.S. Officials Be Charged for Causing the Financial Crisis? – Foreign Policy

AIG and U.S. set faster, riskier exit path – Reuters

Banks

J.P. Morgan Chase freezes 56,000 foreclosures – Washington Post

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Posted in Economics, Markets, Media, Politics.


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