Sorry about the second straight day of links. I’m drowning at my real job and Alyx is off getting married or something. I’ll do better tomorrow, maybe. Biggest news today is the results of the EU-ordered stress tests on 91 banks, which will determine whether Europe is allowed to continue to exist or if it [...]

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This is frightening new territory, indeed: Chrysler may actually survive, thanks to the bailout and its takeover by Fiat. This must be some kind of automotive bizarro-world, where Chrysler is facing solvency, GM has repaid its debts to the US and Canada, Ford is the top US automaker, Toyotas are actively trying to murder their [...]

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Haha, so Greece, right? Bad enough that the country might or might not default, or that certain Wall Street banks (who shall remain anonymous) brokered deals to help the country mask how horribly it was doing; now it’s come to light that those same banks helped set up an index whose sole purpose was to [...]

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Just briefly, in case you need a lunchtime laugh — Sadie, the big winner at the Westminster Kennel Club, rang the NYSE opening bell today:

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As is customary, all the other lesser Nobel prizes are awarded first as a sort of opening act for the real star of the show, the Economics prize (which, it is often pointed out, isn’t a real Nobel prize, but that’s just the talk of sore losers). This year, instead of going to Paul Krugman [...]

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