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Morning Money Links: Iceland risks another meltdown; Ford’s hot stock; why poorer folks should boycott the megabanks

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--- Iceland financial crisis, Stage II: The country’s debt is downgraded to junk status after the president blocks a plan to repay British and Dutch savers in a failed Icelandic bank. There’s some good background here on how the plan was supposed to work.

--- Detroit survivor: Ford Motor’s shares, up 337% last year, tack on more today -- to a 4 1/2-year high -- on news of the company’s surprisingly strong December sales.

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--- Hit ‘em where it hurts: The Huffington Post campaign to boycott the megabanks could have the most impact if poorer customers join it, Felix Salmon asserts. Why? They’re typically the ones paying the highest fees.

--- Barack Obama as Herbert Hoover? John Judis at the New Republic tries to make the connection.

-- Tom Petruno

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