Some items for review:
Kevin Depew's Five Things You Need to Know reviews some myths and misconceptions still lingering a year after Lehman.
Plenty of coverage was given to Singapore's Ghost Fleet of anchored freight transport ships, and it certainly is a contrarian take on the "All is Well" mindset.
Judge Rakoff refuses to play ball and allow the SEC to pretend they are doing their job by rejecting the BAC/SEC settlement and moving forward with a trial. This is going to have to go away very soon unless you want to replay "systemic risk" marathon.
As I am a Wikipedia addict and read probably over 50 articles a day, I tend to come across little tidbits here and there. While learning about president Hoover this morning, I found it interesting to learn that FDR ran against Hoovers' policies, then later adopted said policies and expanded them! Relevant section (under the Economy Header section):
Franklin D. Roosevelt blasted the Republican incumbent for spending and taxing too much, increasing national debt, raising tariffs and blocking trade, as well as placing millions on the dole of the government. Roosevelt attacked Hoover for "reckless and extravagant" spending, of thinking "that we ought to center control of everything in Washington as rapidly as possible," and of leading "the greatest spending administration in peacetime in all of history." Roosevelt's running mate, John Nance Garner, accused the Republican of "leading the country down the path of socialism".
These policies pale beside the more drastic steps taken later as part of the New Deal. Hoover's opponents charge that his policies came too little, and too late, and did not work. Even as he asked Congress for legislation, he reiterated his view that while people must not suffer from hunger and cold, caring for them must be primarily a local and voluntary responsibility.
Even so, New Dealer Rexford Tugwell later remarked that although no one would say so at the time, "practically the whole New Deal was extrapolated from programs that Hoover started."
As usual, common held beliefs (FDR saved the country by ending Hoover's "hands off" approach) are not exactly that simple.
Have a good night.