links for 2007-08-28

• Bank Profits May Well Suffer, but Credit Crisis Hardly Leaves Them Defenseless - New York Times
  Trading groups within the banks could post significant losses from mortgage-related investments, and the increases in lucrative advisory and underwriting fees from big buyout deals have slowed.
  (tags: Banking Credit Debt)
• Californians May Decide If Winner Still Takes All - washingtonpost.com
  LOS ANGELES -- California Republicans are floating a ballot initiative that would change how the state awards its 55 electoral votes, a whopping prize that Democrats have come over the past four presidential elections to regard as theirs.
  (tags: California Electionlaw Elections)