- Must read: The silent coup d'etat by the finance industry (Simon Johnson, former IMF, The Altantic)
- So now he loves them? Obama seeks support from JPM, GS, Citi on bank plan (Bloomberg)
- ...and: Obama back banks, seeks to block fair-lending probe (Bloomberg)
- Top risk officers remain at AIG (WSJ)
- Krugman: The market mystique (NYT)
- Henderson: Did Fed cause housing bubble (WSJ)
- Buiter: Moral hazard lite and strong (FT)
- Smith: Deconstructing the senile former Fed chairman (Naked Capitalism)
- Greenwald: comparing the U.S. to Russia and Argentina (Salon)
- China stock optimism overdone according to Morgan Stanley (Bloomberg)
- Tension builds at Nomura over Lehman bonuses (Reuters)
- How will cities in 2100 look (McKinsey)
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"China stock optimism overdone according to Morgan Stanley"
The Chinese Ministry of Truth has stricken the words/phrases "profitability," "loss," "consumer confidence," "domestic consumption" and "sneezing panda" from the lexicon and replaced it with the all-ecompassing phrase "The Stimulus Plan."
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