Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary "reading list" which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for "reading list" items are gratefully reviewed, although sometimes space limits the number included.
Treasury sells entire Ally stake, ends auto rescue (Hailey Lee, CNBC) The U.S. Treasury Department will sell its remaining 54.9 million shares of Ally Financial acquired under the government's bailout of the auto lender, Ally said on Thursday. This is the final nail in the coffin that will bury TARP (Troubled Asset Relief Program of 2008). According to this article TARP disbursed a total of $426.4 billion, mostly in late 2008 and early 2009. Recovery by the government has been slightly larger than that, $441.7 billion. So the total return on the nearly six-year program was 3.6%.
Early gift: Gas below $2 at some stations in 24 states (Wes Johnson, USA Today) Lower gas prices and more highway traffic. More on this 'behind the wall'. Find the lowest gas prices anywhere you are in the U.S. every Monday evening on GEI News weekly gasoline report.
Suicide Surpasses War as Leading Cause of U.S. Military Deaths (Greg Zoroya, Reader Supported News) Hat tip to Rob Carter. War was the leading cause of death in the military nearly every year between 2004 and 2011 until suicides became the top means of dying for troops in 2012 and 2013, according to a bar chart published two weeks ago in a monthly Pentagon medical statistical analysis journal.
Articles about events, conflicts and disease around the world
Ferguson and Related News
NSA / CIA
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