September 22, 2009

William Cohan: “The smorgasbord of government programmes and initiatives have helped ensure the survival of these institutions by restoring investor confidence, in turn boosting their stock prices and the value of the chief executives’ stock holdings.” – FT

Jeremy Warner: “Utilities don’t, on the whole, deliver 15pc plus rates of return.” – Telegraph

Satyajit Das: “History tells us that there will be cosmetic changes to the functioning of the market but business as usual will resume in the not too distant future.” – Naked Capitalism

Three million unsold properties in Spain? – Fistful of Euros

An interactive Global Public Debt Map – Economist

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