Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list reports on banks commiting energy market manipulation fraud …….. and the last article explains when Roth conversions are a good idea.
- Banks Replacing Enron in Energy Incite Congress as Abuses Abound (Keri Geiger and Brian Wingfield, Bloomberg) The news is being flooded with reports of bank fraud.
- Is This a Good Time to Invest? (Eddy Elfenbein, Crossing Wall Street)
- Brazil’s central bank under pressure as demand for resources slows and foreign capital exits (Sober Look) Everything is going the wrong way for Brazil right now.
- Update: Now We Know Why Googling ‘Pressure Cookers’ Gets a Visit from Cops (Philip Bump, The Atlantic Wire) Hat tip to Roger Erickson.
- Measuring Us Against the World (New York Times) Hat tip to The Big Picture. The U.S. is bottom five among 20 developed nations in a variety of economic and social well being categories. Full table at The NYT.
- This 99-Year-Old Minimum Wage Custodian and His Employers Show Why Everyone Hates Economics (Matthew Yglesias, Slate) The heart of a business is not in the balance sheet where the brain resides.
- Walking the Knox Trail: A Heroic Journey Then, It’s No Less Heroic Now (Anthony F. Hall, Lake George Mirror)
- The countries not letting a crisis go to waste (Ian Bremmer, Reuters)
- Why the 1% is winning, and we are not (Fabius Maximus) Fabius Maximus contributes to Global Economic Intersection.
- 6 clients who could benefit from a Roth conversion (Tom Nawraocki, Life Health Pro)
