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Trader's Magazine. Browse Data of the Federal Reserve Board of Governors. FRED® Derek Hernquist. PeterLBrandt. UPDATED: The Apple App Store Economy – GigaOM. Update: Thanks to everyone for weighing in about the infographic.

UPDATED: The Apple App Store Economy – GigaOM

The data used was given to us on an exclusive basis from analytics firm Flurry. Indeed, three-quarters of the apps in the App Store are “paid apps,” which was used to calculate the average app price and the subsequent revenue figures in the previous version. However, only one-quarter of the apps actually downloaded are “paid apps,” so the average price per transaction (paid + free downloads) is actually much lower than the average app price in the store. The graphic has been updated to reflect this price. Also, some of the averages in the Flurry data were calculated using projected user numbers from the first quarter 2010; that has been corrected to reflect only data up to the end of the year.

For clarification purposes, here is the math: According to Flurry, Average listed price of a paid app: $3.63 74% of apps listed in the app store are paid. Only 1/4 of downloaded apps are paid. Best, Om digg. Abnormal Returns. Bank of America: Too Crooked to Fail. By Matt Taibbi | At least Bank of America got its name right.

Bank of America: Too Crooked to Fail

The ultimate Too Big to Fail bank really is America, a hypergluttonous ward of the state whose limitless fraud and criminal conspiracies we'll all be paying for until the end of time. Did you hear about the plot to rig global interest rates? The $137 million fine for bilking needy schools and cities? The ingenious plan to suck multiple fees out of the unemployment checks of jobless workers?

It's been four years since the government, in the name of preventing a depression, saved this megabank from ruin by pumping $45 billion of taxpayer money into its arm. But despite being the very definition of an unaccountable corporate villain, Bank of America is now bigger and more dangerous than ever. All the government bailouts succeeded in doing was to make the bank even more prone to catastrophic failure – and now that catastrophe might finally be at hand.

But these laws didn't sit well with Hugh McColl. And why? The Great American Bubble Machine : Rolling Stone. The first thing you need to know about Goldman Sachs is that it's everywhere.

The Great American Bubble Machine : Rolling Stone

The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money. In fact, the history of the recent financial crisis, which doubles as a history of the rapid decline and fall of the suddenly swindled dry American empire, reads like a Who's Who of Goldman Sachs graduates. Invasion of the Home Snatchers By now, most of us know the major players. As George Bush's last Treasury secretary, former Goldman CEO Henry Paulson was the architect of the bailout, a suspiciously self-serving plan to funnel trillions of Your Dollars to a handful of his old friends on Wall Street. But then, any attempt to construct a narrative around all the former Goldmanites in influential positions quickly becomes an absurd and pointless exercise, like trying to make a list of everything. The Feds vs. Wall Street's Big Win.

Obama's Big Sellout : Rolling Stone. The Big Picture. Bespoke Investment Group. On a long enough timeline, the survival rate for ev.