Akkam’s Razor

It goes without saying that given the stream of news through this weekend through Monday (Fannie Mae, Fannie Mac, IndyMac, and National City), the most popular post on Akkam’s Razor is this one, detailing my findings in search for the FDIC’s bad bank list.

bankrun, banks, business, CAMELS, economics, Election 2008, fannie mac, fannie mae, FDIC, finance, government, indymac, moral hazard, national city, news, politics, UBPR

Popularity: 1% [?]

What would you say if I told you the White House had a half-billion to spend in wallking around money at the start of this (just completed) campaign season, and was free to spend it without disclosure or Congressional oversight?

Popularity: 12% [?]

How Do You Handle a Hungry Man? (Harpers.org)

Over the past eight years, Weldon has spent about $80,000 of campaign treasury funds—donated money that congressional ethics rules say should be used for “bona fide campaign or political purposes”—on restaurant meals. His dining choices range from high-end establishments like The Monocle, a Capitol Hill restaurant popular with lawmakers and lobbyists, to the humble Cracker Barrel. During the same period Weldon also dropped about $30,000 on hotels.

Popularity: 7% [?]

The Federal Reserve suddenly and without adequate explanation dropped the collection and reporting of a significant measure of the monetary supply, M3.  Haven’t had a chance to go through the thread and self educate myself yet.

Popularity: 4% [?]