peHUB First Read
* Ritholtz believes the total bailout cost now stands at $8.5 trillion. Here's his math. * The world is screaming for a FuckedCompany revival (rather than all these imitators), but Pud doesn't seem so inclined: "I’ve been working on other things, and I don’t think I could make Fuckedcompany as funny/mean as I used to, because I live in the Silicon Valley area now and know too many of the people involved. When I was running FC in 2000, I was living in NYC and didn’t know anyone." * Meredith Whitney: Banks are beginning to pull consumer credit lines, which will keep hammering consumer spending well into 2009. * Morning call: U.S. futures head higher, FTSE up at mid-day, rest of Europe flat, Nikkei and Hong Kong both tumble. * The Complete Idiot's Guide to Financial Idiocy.
