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The Times' Rorshach Geithner Story
Apr 27 20099:04am EDT -
Sinking Animal Spirits
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Counter-cyclical Urban Policy
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Be Your Own Counterfeiter
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Being Tim Geithner
Apr 25 200912:04pm EDT -
Notes From a Press Conference Naif
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What Good is the News?
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Stressful Enough
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Not Regretting the Pound
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Introducing the New Ford Squeeze
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Non-Economic Questions of the Day
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The Stress Test Blind Alley
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Happy Hour
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Recovery Without Rebalancing
Apr 23 20096:04pm EDT -
The Shape of Your Recession
Apr 23 20095:04pm EDT
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Apr 14 2009 10:01am EDT
Toxic Asset Datapoint of the Day, Lehman Edition
We knew there was a lot of nuclear waste on Lehman’s balance sheet. But we didn’t know that was literally true:
Lehman Brothers Holdings Inc. is sitting on enough uranium cake to make a nuclear bomb as it waits for prices of the commodity to rebound, according to traders and nuclear experts.
At least uranium can in theory be used as a force for good, in nuclear power stations. Which is more than can be said for CDO-squareds.
(Via Wiesenthal)
Reprinted from Reuters.com
