As John indicated, there’s some good stuff in there- even if it is sometimes hard to find.

That’s a common problem though, even when the articles are short. I wonder sometimes if people figure we’re not working very hard when a post goes up on one small article. Of course, sometimes we have to wade through 20+ articles to find a nugget or two. Thankfully for the long stuff, Google usually picks us up in 10 minutes or so these days. Anyone looking for something specific will hopefully stumble upon what they need.

Igor says he’s bitter John- you aren’t using all of his space for archives are you? : )

Heh, data mining wouldn’t be any fun if it was easy

Yesterday I learned that a former Fed Governor was calling for up to 600 bank failures to occur in the US by 2011 in a seminar just 10 days ago. It’s in the in-progress transcript VI.D (about 36 minutes in):

Second, those that are really on the margin, and 2010 is going to be a very difficult year, I think, for the financial services world. My … There are now guesses as to how many additional banks will go through resolution over the course of 2010. I think the number will probably be in the range or close to 200 this year. I would not be surprised if it’s 400 in the next year.

The inconvenience comes from feeling obliged to plow through all this stuff in the attempt to mine a nugget or two of invaluable information.