Wednesday, April 22, 2009

Overallotment: April 22

  • 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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