Must Read Posts for March 27, 2010

On The Economic Populist you might have noticed the middle column. We try to list other sites and blogs who have exceptional insight and writing on what is happening in the U.S. economy.

Sometimes though, one cannot say it better but miss those who did.

Must Read Post #1

Well, sometimes it's must watch. Below is Senator Ted Kaufman's Senate Floor speech, Ending Too Big to Fail. Sen. Kaufman does a call out on the woefully inadequate Senate Financial Reform bill.


Must Read Post #2

Who would have thunk it? It appears start up companies are getting hit by shrapnel in the banking bill. See what happens when people sit down and read a 2,000 page document? This is not good folks, one great thing about the U.S. is the relative ease upon which a business can be started and investment in new businesses should be enhanced, not restricted. (when hiring U.S. workers and keeping production domestic, yada yada, 2¢ any VC reading this!)

Must Read Post #3

Get your tin foil hat on. The world's largest sovereign wealth fund manager, Abu Dhabi's Sheikh Ahmed bin Zayed al-Nahayan is missing after his glider plane crashed into a lake.

Must Read Post #4

I don't understand the details of this Bloomberg article, but it seems we have criminal charges on yet another screw job on local and state governments by the Banksters.

JPMorgan Chase & Co., Lehman Brothers Holdings Inc. and UBS AG were among more than a dozen Wall Street firms involved in a conspiracy to pay below-market interest rates to U.S. state and local governments on investments, according to documents filed in a U.S. Justice Department criminal antitrust case.

The government’s case centers on investments known as guaranteed investment contracts that cities, states and school districts buy with the money they receive through municipal bond sales. Some $400 billion of municipal bonds are issued each year, and localities use the contracts to earn a return on some of the money until they need it for construction or other projects.

Must Read Post #5

Credit Default Swap Ambac might declare bankruptcy and note, Ambac board member Jill Considine is a government-appointed trustee of AIG.

Bond insurer Ambac Financial Group said again that it may seek bankruptcy protection after state regulators took control of some of its most troubled assets.