What a week. You’ve got Buffett bailing out Bank of America. Earthquake rocks the East coast. Hurricane is about to flatten the same area. Bernanke talks a lot without saying anything, delaying any QE3 announcements until September. If you’ve been struggling to keep up- no worries. We’ve compiled some of the best reads on the web for your weekend perusal.
BAC Bailout
- Buffett makes $357 million in one day on paper with BAC (CNN Money)
- Generous Uncle Warren? Not so fast (Forbes)
- Was the loan political? (Bloomberg)
Natural-Disaster-Palooza
- Hurricane Irene is no cheap date (NYT)
- Earthquake a wake-up call for Eastern states (CNN)
- Keep tabs on Irene with hurricane master Jeff Masters (Weather Underground)
Jackson Hole
- Text of Bernanke’s Jackson Hole Address (Zerohedge)
- Don’t want to read the speech? Check the Word Cloud (Reuters)
- Bernanke: Learn to live with less (MarketWatch)
- Verdict: Underwhelming (PointsandFigures)
And because this is heavy stuff, a hefty dose of just for fun…
- Even algos are confused (Cagle.com)
- Finance via Fairytales (NYT)
- Our advice to those in Irene’s path (Youtube)
- From Ritholtz: Steve Job’s Life in Charts and the Damage from the Earthquake
