Frontrunning: June 26

• Not surprisingly, Citigroup Japan caught manipulating markets again (FT and NYT) [because nobody, certainly not the SEC, cares about US market manipulation]
• ...Speaking of the second biggest economy, no inflation here... in fact record price drop (AP)
• China calls for dollar replacement (Bloomberg)
• Almost a trillion in Obama stimulus paper finally trickles down to consumer (Bloomberg)
• ...But not enough, as savings rate at 15 year record outpaces spending (AP)
• Where is the gold? (HuffPo)
• Jackson cancellations to hit AEG (BBC)
• UBS drops just in time to raise shares, issue loss forecast (MarketWatch)
• The perils of a smaller Wall Street (WSJ)
• Will Larry Summers replace Ben Bernanke? (Fox Business)
• Not enough audacity (Krugman)
• Libor now a complete and total joke, crosses below 0.60
  

Our sincere gratitude for Robert and Alan's generous support and donations Sphere: Related Content

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