Early links, Aug. 24

August 24, 2009

Goldman Sachs gives additional research “market color” — nudge, nudge — to preferred clients. (Wall Street Journal)

Gretchen Morgenson looks at the swelling ranks of troubled banks. (New York Times; Yves Smith’s take, Naked Capitalism). Dick Bove, meanwhile, estimates that as many as 200 more banks will fail in this crisis. (Reuters)

Nouriel Roubini sees an increased risk of a double-dip W-shaped recession. “For a start, there are risks associated with exit strategies from the massive monetary and fiscal easing: policymakers are damned if they do and damned if they don’t. If they take large fiscal deficits seriously and raise taxes, cut spending and mop up excess liquidity soon, they would undermine recovery and tip the economy back into stag-deflation (recession and deflation).” (Financial Times)

How Eddie Lampert is starving Sears and why he may be running out of time. (It appears I was wrong to suggest otherwise. Barron’s)

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