Wednesday, May 20, 2009

Morning Reads 5/20/09

"Car Crazy - Bankrupt companies making 39 mpg autos. Are we nuts?"(WSJ)
http://online.wsj.com/article/SB124277482650736747.html

Great Tyler Durden piece on Saks' financing adventures
http://zerohedge.blogspot.com/2009/05/saks-unable-to-issue-15-cre-backed.html

Good news for the US energy supply
http://online.wsj.com/article/SB124104549891270585.html

Californians say no to more taxes. Government will have to cut, just like the private sector.
http://www.bloomberg.com/apps/news?pid=20601087&sid=akNPhAHhHKY8&refer=home

Is the Golden State "too big to fail"?
http://www.cbsnews.com/stories/2009/05/20/politics/otherpeoplesmoney/main5026792.shtml

Subsidizing jobs in Japan. Pros and cons.
http://www.nytimes.com/2009/05/20/business/global/20zombie.html?ref=business

After their Chrysler experience, George Schultze and others are wary of lending to unionized companies.......
http://www.bloomberg.com/apps/news?pid=20601087&sid=asXxg9ZZRjv4&refer=home

.....and Jack Welch's take on the Chrysler BK
http://www.bloomberg.com/apps/news?pid=20601109&sid=aETI5aIj4WhM&refer=home

Senate Dems refuse Obama's request for funds to shut Gitmo
http://www.nytimes.com/2009/05/20/us/politics/20detain.html?_r=1&hp

Sour on the rally
http://www.minyanville.com/articles/C-bac-wfc-cof-stt-USB/index/a/22737

Forbes interview with Ed Najarian on I-banks future
http://www.forbes.com/2009/05/15/najarian-investment-banks-intelligent-investing-compensation.html

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