Marine shipping earnigns weren't great, but it should have been worse.

img.article { border:1px solid #cae3fa; padding:3px; background:#eef6f9; }   VIEW SLIDESHOW   In case you haven’t heard Paul Krugman the Nobel Prize-winning economist is the subject of a popular YouTube song.   In it singer Jonathan Mann laments Krugman’s absence from the Obama administration despite his prescient economic predictions and soaring popularity among disgruntled New York Times readers.   Imagine that! The housing crisis credit crunch and consumer slowdown have finally permeated our culture deep enough to inspire a catchy pop anthem!   But “Hey Paul Krugman (A Song A Plea)” isn’t the first number to deal with recession economics. ...

img.border { border: 1px solid #000000; }   VIEW SLIDESHOW   So my son's playing Monopoly on the Wii and I hear Mr. Moneybags tell one of the player's he's bankrupt game over. And I'm thinking "What are they teaching kids these days? This is 2009; that's not how we roll." Clearly the words "too big to fail" don't mean anything to this popular Parker Brothers mascot. In today's world you don't need actual money or actual collateral to buy a property. Just when all hope was lost I discovered Monopoly does indeed have a Greed & Graft edition complete with ...

Goldman Sachs (GS) is about $13 billion richer thanks to money from the Federal Reserve funneled to the Wall Street firm through American International Group (AIG). This appears to dent and maybe demolish Goldy’s reputation as a sage button-down company that knows how to limit risk better than its competitors. The money Goldman Sachs received via AIG between last September and December is stunning: $2.6 billion in collateral from AIG Financial Products $5.6 billion to purchase securities underlying selected credit swaps and $4.8 billion to meet lending agreements. The federal bailout of AIG now totals about $160 billion and ...

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