Monthly Archives: September 2009

Talking about CIC Buys Stake in Kazakh Gas Company for $939 Million (Update3) – Bloomberg.com

  Quote CIC Buys Stake in Kazakh Gas Company for $939 Million (Update3) – Bloomberg.com(Bloomberg) — China’s sovereign wealth fund bought a stake in the London-traded unit of Kazakhstan’s state-run energy company, taking its spending on resources to at least … Continue reading

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Talking about Fixing the Ratings Agencies | Mother Jones

  Quote Fixing the Ratings Agencies | Mother JonesNo question about it: over the past decade ratings agencies were, at best, negligent, and at worst, perpetrators of outright fraud. "It could be structured by cows and we would rate it" … Continue reading

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Talking about Felix Salmon » Blog Archive » What’s happened to Nairu? | Blogs |

  Quote Felix Salmon » Blog Archive » What’s happened to Nairu? | Blogs |It was reported yesterday that a number of luminaries have diagnosed a significant upwards move in Nairu, the rate of unemployment below which inflation starts kicking … Continue reading

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Talking about Matthew Yglesias » Reform the Market for Ratings Agencies

  Quote Matthew Yglesias » Reform the Market for Ratings AgenciesI think the larger issue with the ratings agencies isn’t so much that they’re underregulated as it is that regulations we’ve put on other actors in the marketplace have created … Continue reading

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Talking about Commentary: We shouldn’t have homeless children in America | McClatchy

  Quote Commentary: We shouldn’t have homeless children in America | McClatchyOne million schoolchildren are homeless in America. That’s an intolerable number, and it’s likely to rise unless we do something about it. For homeless school-age children — with precarious … Continue reading

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Talking about The dead end kids

  Quote The dead end kidsThe number of young Americans without a job has exploded to 52.2 percent — a post-World War II high, according to the Labor Dept. — meaning millions of Americans are staring at the likelihood that … Continue reading

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Talking about The dead end kids

  Quote The dead end kidsThe number of young Americans without a job has exploded to 52.2 percent — a post-World War II high, according to the Labor Dept. — meaning millions of Americans are staring at the likelihood that … Continue reading

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Talking about Met Office: catastrophic climate change could happen with 50 years – Telegraph

  Quote Met Office: catastrophic climate change could happen with 50 years – TelegraphAn average global temperature rise of 7.2F (4C), considered a dangerous tipping point, could happen by 2060, causing droughts around the world, sea level rises and the … Continue reading

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Talking about Hullabaloo

  Quote HullabalooHere’s the police state’s latest toy: Pittsburgh police on Thursday used an audio cannon manufactured by American Technology Corporation (ATCO), a San Diego-based company, to disperse protesters outside the G-20 Summit — the first time its LRAD series … Continue reading

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Talking about Mortgage Electronic Registration Systems (MERS): A System Designed to Create the Mortgage Back Secur

  Quote Mortgage Electronic Registration Systems (MERS): A System Designed to Create the Mortgage Back SecurMERS claims to be a privately-held company and their function is keeping track of a confidential electronic registry of mortgages and the modifications to servicing … Continue reading

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