november 08 bookmarks

http://www.nybooks.com/articles/22012
Volume 55, Number 17 • November 6, 2008
• A Fateful Election: What's at Stake by Russell Baker, David Bromwich, Mark Danner, Andrew Delbanco, Joan Didion, Ronald Dworkin, Frances Fitzgerald, Timothy Garton Ash, Paul Krugman, Joseph Lelyveld, Darryl Pinckney, Thomas Powers, Michael Tomasky, and Garry Wills
• The Glories of Yiddish by Harold Bloom
• Green Fantasia by Bill McKibben
• Who Killed Anna Politkovskaya? by Amy Knight
• Georgia: The Ignored History by Robert English
• China's Golden Age by Eliot Weinberger
• How Muslims Made Europe by Kwame Anthony Appiah
• Hugo Chávez Versus Human Rights by Jose Miguel Vivanco and Daniel Wilkinson
• Plus: Mark Ford on Ted Hughes, Robert O. Paxton on birding, James Fenton on Vermeermania, G.W. Bowerstock on Daniel Mendelsohn's essays, Benjamin M. Friedman on the free market, Nathaniel Rich on Otto Preminger, and more.
He Foresaw the End of an Era by John Cassidy

The Egyptian Connection by William Dalrymple

AUDIO
A Fine Mess

http://www.newyorker.com/online/2008/11/10/081110on_audio_lanchester¨

In Pictures: Not So Good With Money
http://www.forbes.com/2008/10/29/Intelligent-investing-timebombs-commercial-paper-panel_slide_7.html?thisSpeed=15000

http://www.nytimes.com/2008/11/06/business/economy/06norris.html


http://topics.nytimes.com/top/reference/timestopics/people/n/floyd_norris/index.html


The Stimulus Plan We Need Now

http://www.rgemonitor.com/us-monitor/254216/the_stimulus_plan_we_need_now



Weekly Weight Watcher "Global recession and earnings" 31-Oct-2008 Hatheway
Moreover, history suggests that banking sector recapitalisation efforts have not been able to stem falling earnings in the broader economy-earnings typically bottomed 1½ years after the recapitalisation event. This suggests we are closer to the beginning of a broad-based earnings slump than to the end. Too earlyto re-engage We remain cautiously positioned in our recommended asset allocation portfolio. We have a preference for high-grade corporate bonds, US Treasuries, and defensive allocations in global equities. In commodities, we retain our underweight positions in industrial metals and energy.
……..
Moreover, as we also show in this note and a companion Global Economic Comment, episodes of severe bank stress are typically followed by protracted periods of weak growth and falling inflation. Which asset classes do best Even after recent sharp declines in equity prices and lower government bond yields, the evide