I received an Email this morning from Charles Goyette about the state of our banking system. One Day At The Bank Branch By Charles Goyette An old farmer walked into a rural branch of Washington Mutual to open a savings account. Being a conservative sort, he asked, “What happens if Washington Mutu ... Read more

All cannot be as well in the Austrian banking sector despite opposite announcements from the banks themselves. Although Raiffeisen Zentralbank (RZB) , Unicredit subsidiary Bank Austria and Erste Group reported operating profits in Q3 2009 only last week (click links for quarterly reports in En ... Read more

Love And Envy Linked By Same Hormone, Oxytocin: "A new study carried out at the University of Haifa has found that the hormone oxytocin, the 'love hormone,' which affects behaviors such as trust, empathy and generosity, also affects opposite behaviors, such as jealousy and gloating." ... Read th ... Read more

Finally a finance article that students will care about! Clusterstocks's Business Insider posts on the price of beer in various countries as tied to market power of the top beer producers. Morgan Stanley: Blame Market Consolidation For The Soaring Cost Of Beer: "Morgan Stanley shows pretty convincin ... Read more

The Manufacturing and Trade Inventories and Sales report from the Census Bureau today showed inventories are still declining. The Census Bureau reported: Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1, ... Read more

A bit dated (see the reference to Hurrican Rita) but still relevant, especially in todays economic climate. Graduation is six or seven months ago or five or six months ahead but either way, recent grads and soon to be grads are thinking about or experiencing their first jobs and it is scary.  ... Read more

G10 Advancers and Decliners vs USD EUR 0.59 CHF 0.58 GBP 0.44 JPY 0.09 The USD begins another week on the back foot as momentum from Friday’s post-U.Mich sell-off continues and Asian equities have started the session off with strong gains. The buoyant sentiment across Asian ... Read t ... Read more