Archive for June, 2009:

The Car Allowance Rebate System And Scams to Avoid

{ Posted on Jun 30 2009 by author }
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Categories : All, Money Crashers
The Car Allowance Rebate System was signed into law last week, but there are already scammers out there trying to phish information from consumers looking to trade in their old cars. Here are some things you need to know ...Read More »

Do Bad Banks Offer Defective Toasters?

{ Posted on Jun 30 2009 by Tim Cavanaugh }
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Categories : All, Reason Magazine - Economics
Here's a bank that won't be too big to fail: the Public-Private Investment Program (PPIP), which is expected to be unveiled Wednesday. The PPIP, once dubbed the "bad bank" (on the principle that it would buy up so-called toxic ...Read More »

Mark Sanford Confesses Again: I Can’t Stop Thinking About My Argentinian Lover

{ Posted on Jun 30 2009 by Henry Blodget }
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Categories : All, Clusterstock
South Carolina governor Mark Sanford can't stop confessing.  In a teary interview with the AP, he admitted more secret rendezvous with his "soul-mate" (Argentinian mistress Maria Belen Chapur) and flings with other women over the years (but not sex!).  He also ...Read More »

Edmund Andrews Reports On Agency That Would Have Saved Him

{ Posted on Jun 30 2009 by Joe Weisenthal }
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Categories : All, Clusterstock
Edmund "Busted" Andrews has some details on the Consumer Protection Agency: NYT: The Obama administration sent Congress a detailed proposal on Tuesday to create a consumer protection agency responsible for financial products, a move that is the first shot in a ...Read More »

Who Are You and What Have You Done With Paul Krugman II

{ Posted on Jun 30 2009 by Robert }
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Categories : All, Angry Bear
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Wal-Mart Tells A Foreclosure Whopper

{ Posted on Jun 30 2009 by Joe Weisenthal }
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Categories : All, Clusterstock
We were just reading through a little more of this proposal from Wal-Mart (WMT) and liberal thinktank Center for American Progress for some kind of law that would require all employers to provide health insurance. We already said why we ...Read More »

FTC Discovers Kids Hang at Mall, Like the Internets. Uses Information to Propagandize for Free Trade?

{ Posted on Jun 30 2009 by Katherine Mangu-Ward }
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Categories : All, Reason Magazine - Economics
Someone at the Federal Trade Commission (FTC) heard that the kids these days like to hang out at the mall. (Question: Do kids still hang out at the mall? Word on the pedestrian and cyclist-friendly street is that the ...Read More »

Morgan Stanley And Japan’s Mitsubishi Financial Launching $100 Billion Joint Venture

{ Posted on Jun 30 2009 by John Carney }
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Categories : All, Clusterstock
Morgan Stanley is teaming up with its largest investor, Japan's Mitsubishi UFJ Financial Group, to form a mega-investment bank that could rival Citigroup and JP Morgan Chase. The Financial Times broke the news that the deal will likely be announced ...Read More »

The Newest Data on Foreign Exchange Reserves

{ Posted on Jun 30 2009 by Menzie Chinn }
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Categories : Econbrowser, Money
The IMF has released its estimates for 2009Q1 reserves (COFER data). Below I update and extend my recent post on the dollar as a reserve currency. Read More »

Wal-Mart Supports Health Plan That Will Destroy Small Businesses

{ Posted on Jun 30 2009 by Joe Weisenthal }
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Categories : All, Clusterstock
Matthew Yglesias proudly announces that his employer the liberal thinktank Center for American Progress has convinced Wal-Mart (WMT) to support a law that would legally obligate employers to pay for their employees' health insurance. The Center for American Progress, the Service ...Read More »
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