Peak Oil: Life After the Oil Crash

Life After the Oil Crash

Deal With Reality or Reality Will Deal With You

Breaking News: Wednesday July 8th, 2009

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Editor's Note: There Will be No LATOC Breaking News Updates Next Week

I'm going to be on a week-long camping trip from Saturday the 11th through Saturday the 18th. So there won't be any news updates during that time but the LATOC Forum will be as active as ever. Updates will resume as usual on Monday the 20th. Today's update will be a bit abbreviated as I'm getting all my gear and equipment ready for the trip. Updates for Thursday the 9th and Friday the 10th will be available around noon pacific time each day.

General financial collapse articles:

Washington Business Journal: FDIC Gearing Up for Large Scale Bank Failures

CNBC: Proprietary Trading Programs will Turn Green Shoots into Black Holes

Softpedia: Unemployment Rate for Engineers Soaring as Economy Collapses

LATOC Forum: American Trucking Tonnage Index Grinds to an Absolute Halt

NY Times: Cyberattack Takes Down Treasury Dept., White House Websites

NY Times: Staggering Federal Deficit Expected to Soar with Alarming Speed

Goldman Sachs, AIG, and Citizen Rage:

Michael Lewis in Vanity Fair: Meet the Man who Crashed the World Economy

Alternet on Matt Taibi's Article on Goldman Sachs: "It's time for vivid rage"

Daily Kos: FBI Arrest of Programmer Opens Up Goldman Sachs Pandora Box

Reuters: Stolen Goldman Sachs Code Could be Used to Manipulate Markets