Fed says disclosing loans will hurt banks (Bloomberg) That’s sorta the point…
Emergencies inspire crowd cooperation, not panic (BPS Research Digest) I suspect society might also handle financial emergencies better than policy-makers expect.
Bankrupt suppliers seek exec bonuses (Detroit News, ht Mish) “A growing number of bankrupt auto suppliers are seeking court approval to pay tens of millions of dollars in bonuses to key executives, as they shed employees and cut costs.”
U.S. mortgage delinquencies up in July (Reuters)
Case-Shiller confirms false bottom in housing (Mark Hanson) Mark’s expertise is the California real estate market more than anywhere else. That said, he was one of the more prescient commentators out there on housing overall. A lot of folks thought house prices got too high. Most of us had no idea how far they would end up falling. Mark has been on top of the story as long as anyone.
Rapper behind “Roxanne’s Revenge” gets Warner Music to pay for her PhD (NY Daily News) Awesome.
Baseball’s dad of the year (MLB.com) Carrying four kids (fast forward to the end) and still holding wife’s hand. He must do this often b/c the Mrs. seems unimpressed.
Best swing-dancing ever? (YouTube) Start at the 2:30 mark. 3:27 is awesome.
Inflatable Bag Monsters…