- More on StevePerkinsGate: PVM taking a page from the oldest playbook in the world (FT)
- India joins China, Russia in questioning USD dominance (Bloomberg)
- Palin to resign as Alaska governor, will not seek reelection (WSJ) [not even worth discussing the Republican due diligence process]
- Ignoring prophetic predictors (Nader)
- Staffer at SEC had warned of Madoff (WaPo, h/t dartmont)
- Recovering ABS may relapse if TALF support pulled (Reuters)
- Arnold's IOUs will pay 3.75% (Bloomberg) which Bank of America can't wait to launder with taxpayer money (PR)
- China needs domestic consumption for economic recovery (Bloomberg), in other words a US-style credit bubble, combined with compelte fake economic data, can only go so far.
- The Taleb - Tavakoli vendetta post-it update (Alphaville)
- Banks own the US government (Guardian)
- Korea fires five more missiles (Bloomberg)
- New York city sees slide in tourism (WSJ)
- William Buiter: Why zombie banks will need more money
Michael Lewis joins the Zero Hedge choir, takes on Joe Cassano
Jetlag edition
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