«-- Jim's Quote of the Day: | Main | Sometimes We Actually Get Through to Our Family Members --»
Odds 'n Sods:
RL sent us this hard-hitting piece: The "Mark To Model" Lie
o o o
Just as I predicted, things are looking grim for the hedge funds: Market
chaos
batters hedge-fund star. By borrowing short and lending long, they are at
huge risk when credit markets fluctuate widely. And in a time of financial crisis
like this, where liquidity has dried up almost completely, the hedgers will
likely
fail
in large
numbers. (A hat tip to Cyberiot for sending the article link.)
o o o
Eric sent us this from the Pittsburgh
Tribune-Review: Demand on pantries grows
as food costs rise, jobs lost -
o o o
More links from our Economic Editor, starting with a headline that I've been
expecting: Bailout
May Actually Run $1.8 Trillion -- Wells
Fargo's Wachovia Bid Sparks Feud With Citigroup -- It's
Wait And See After
Bush Signs Bailout Bill -- For
Bailout To Work, Housing Market Needs To Mend -- Fortis'
Dutch Assets Nationalized -- Asset
Management Teams To Manage Bailout -- Manipulation
of Gold And Commodity Prices To Prevent Inflation And Higher Interest Rates -- Anatomy
Of Financial And Economic Disaster, Part 1 -- LIBOR
Mystifies Americans as Mayor Reads `Doomsday' -- Special
Report: The Credit Crisis: How We Got Here (A compilation of news stories
starting in 2007 regarding the financial crisis) -- CitiGroup
Shares Fall 18% As Deal With Wachovia Unravels -- Jobs
Data Show Broad Decline -- Safe
Harbor In Preferred Stocks? -- The
Trouble With Harry ("The steep drop in the share prices of insurance
companies Thursday destroyed wealth for uncounted middle-class investors holding
onto stock in companies
still considered healthy.")
o o o
I was recently interviewed by Kari Huus, a journalist with MSNBC. She is also
interested in interviewing one or two SurvivalBlog readers in the Pacific
Northwest,
and taking some photographs --mostly of a family's survival logistics shelves.
She notes: "I will respect confidentiality. I worked for many years in China,
where
lots
of reporting involved extreme discretion, and I never broke the rules or
got anyone in trouble there so I have a good track record with this." She added:
"Who knows? Maybe it would help other people get prepared for emergencies--economic
or
otherwise." Contact: Kari Huus
Phone: (daytime) 425-706-1844, or e-mail: Kari.Huus@msnbc.com
