- Must read on CNBC propaganda: "Immelt and NBC Uni CEO Jeff Zucker supposedly told top CNBC executives and talent to be less critical of President Obama and his policies" This explains why nobody with half a brain watches CNBC anymore (THR hat tip Guest)
- REITs advised to recap in equity market before rally is over (FT, hat tip IMA5U)
- U.K. bracing for Gilt indigestion (Bloomberg)
- How Bill Ackman will save the financial world (Portfolio)
- Thievery under TARP (Nation)
- iPhone sales skyrocket (as people default on credit cards... pattern you say?) (WSJ)
- Is TARP watchdog Elizabeth Warren overstepping his bounds (Clusterstock)
- IMF revised downward, sees 1.3% drop in global output (FT)
- Hedge fund redemptions slowed on sucker rally (Bloomberg)
- A completely unaxed (i.e. definitely not selling into the rally ) Goldman raises China growth forecasts (Bloomberg)
- IMF Global outlook
With sincerest gratitude to Naufal, Jordan and Fred for their donations.
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