Wednesday May 23rd 2012
Free exchange
Economics
Recommended economics writing
Link exchange
Sep 23rd 2010, 21:08 by R.A. | WASHINGTON
TODAY'S recommended economics writing:
• New evidence on democracies and financial development (Vox)
• The austerity zone (New York Times)
• Volcker: Obama isn't antibusiness (Real Time Economics)
• The tax plight of the $250,000 to $500,000 crowd (Harvard Business Review)
• Why the Fed has it easy (Money Supply)
About Free exchange
In this blog, our correspondents consider the fluctuations in the world economy and the policies intended to produce more booms than busts. Adam Smith argued that in a free exchange both parties benefit, and this blog's aim is to encourage a free exchange of views on economic matters.
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Over the past five days
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Over the past seven days
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I have as much luck as the 127 banks closed this year...
Two!
The FDIC closed 2 banks on Friday.
The cost to the FDIC was $104.7 million.
The two closed banks were:
North County Bank, Arlington, WA
Haven Trust Bank Florida, Ponte Vedra Beach, FL
The FDIC has closed 127 banks this year vs. 95 a year ago at this time.
No winners this week.
FDIC Friday! Scoreboard
------------------------------
jouris 3
Tzimisces 2
Doug 2
HFGuy 2
AnterraCon 0
Jer_X 0
NotAGenius 0
OneAegis 0
Regards
Eleven.
Five for me!
Link Exchange Thursday means it's again time for:
========================
FDIC Friday!
========================
How many banks will the FDIC close tonight?
Numbers since June 1st:
3,1,1,3,4,6,7,5,1,1,8,0,1,6
I'll go with 7 this week.
Good luck all!
Regards