Wednesday links slide downwards
Fantastic post from Mike Konczal on community banking: note the chart where higher-rated borrowers underperform.
BNP Paribas worries that “many of our rivals, notably in the United States” are ignoring G20 bonus rules
Why paying more unemployment benefits doesn’t have any visible effect on the unemployment rate
Me, on Canadian television. The one-on-ones are OK, it’s the cacophony of most financial TV which I hate.
Goldman’s $100m+ trading days are like Barry Bonds’s home runs. Goldman must be juicing!
Elfenbein (& Zweig) 1-0 Siegel
Hope they keep the public editor!
Ryan Avent is not particularly fond of Glaeser’s take on high-speed rail
The joys of sliding down an upwards-sloping yield curve
Sam Sifton is the new NYT food critic: A great choice. I remember his old reviews in the NY Press.
Was The Joker a socialist? I’m having image/caption disconnect issues here.



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I don’t know if Rueters is aware, but I need to report this blog has mysteriously funny headlines.
Please investigate.
The only real joker was Jack Nicholson anyway.
Try a tee-shirt of Obama looking enviously at a med technician using expensive lab equipment and have him say: “Where does he get those marvelous toys?”
Re the Joker image: agree, it doesn’t make sense, but it is creepy and works on a subliminal level, just as the election-era iconography did. Expect more of same.
On a similar note, while his show has slid into a pathetic propaganda arm of the Obama administration, I absolutely loved Colbert’s skit earlier this week celebrating 44′s birthday with a visit from Karl Marx-Santa Claus. Now there’s a metaphor for Obama that works on all levels. “Look Ma, I put my clunker under the tree last night, and this morning, a brand new car!” The year of magical thinking, indeed.