Bank of America’s Merrill Takeover May Be Tough Deal: Great quote on Ken Lewis: "The companies he’s been acquiring all make sense strategically, but the timing and price almost always seems to be off."
Trump Sees Act of God in Recession: Which is why he reckons he can get out of paying Deutsche Bank $40 million he owes them. For good measure he’s also suing them for $3 billion, and threatening to sue the NYT as well.
Workers Give Up: And U6 is now 12.5%.
Bubbles in Prices of Exhaustible Resources: Bubbles in wine prices: very old wines, in particular, go up in price even when no one’s drinking them any more.