Recent Blog Posts
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The Times' Rorshach Geithner Story
Apr 27 20099:04am EDT -
Sinking Animal Spirits
Apr 27 20098:04am EDT -
Counter-cyclical Urban Policy
Apr 26 200910:04am EDT -
Be Your Own Counterfeiter
Apr 26 20099:04am EDT -
Being Tim Geithner
Apr 25 200912:04pm EDT -
Notes From a Press Conference Naif
Apr 25 20099:04am EDT -
What Good is the News?
Apr 25 20098:04am EDT -
Stressful Enough
Apr 24 20092:04pm EDT -
Not Regretting the Pound
Apr 24 20091:04pm EDT -
Introducing the New Ford Squeeze
Apr 24 20099:04am EDT -
Non-Economic Questions of the Day
Apr 24 20099:04am EDT -
The Stress Test Blind Alley
Apr 24 20098:04am EDT -
Happy Hour
Apr 23 20099:04pm EDT -
Recovery Without Rebalancing
Apr 23 20096:04pm EDT -
The Shape of Your Recession
Apr 23 20095:04pm EDT
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Apr 11 2008 12:00am EDT
Bankruptcies: Still Rare
I'm signed up to the WSJ's email alert service, which sent me a couple of messages last night. At 12:14 am there was this:
WSJ NEWS ALERT: Linens 'n Things Is Expected to File For Chapter 11
And at 2:19 am there was this:
WSJ NEWS ALERT: Frontier Airlines Files for Chapter 11 Bankruptcy
I think of this as good news: bankruptcy filings are still rare enough that they require middle-of-the-night news alerts. It's when they get treated as commonplace that we'll know the economy's in serious trouble.
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