Links and Reading for January 12th
January 12, 2010 4:00 pm
Some of the more interesting and important items for January 12th :
- 6 jobless workers chase each opening – WOW. That is not even remotely funny
- China moves to curb overheating – Raising rates on the short end of the curve to prevent housing bubble ( which already is occurring)
- Delta, Continental raise their baggage fees – So, we were all concerned about Allegiant!
- New York Fed to be subpoenaed for AIG bailout docs – Finally! Geithner had nothing to do with it! (WINK)
- London’s Investment Banks Double Pay to Lure Back City Talent – “The banks are killing the boutiques,” said Daryl Bowden, co-chief executive officer of ICAP Plc’s equities unit in Europe and Asia. The London-based firm is the world’s largest broker of trades between banks. “They’re doubling salaries and offering above-average compensation. Banks today have limited risk so people can work there without fear.”
- Census Jobs May Jump-Start U.S. Employment Rebound in 2010 – Bloomberg.com – The government will hire about 1.2 million temporary workers in the first half of the year to administer the decennial population count, possibly providing a bridge to gains in private employment later in the year.
- China’s December Exports Increase First Time in 14 Months; Imports Surge – Who is buying, or is it a case of easy comps?