Wednesday, March 18, 2009

Frontrunning: March 18

  • Another bogus econ datapoint: CPI ex food and energy at 1.8%
  • UK Unemployment rises at fastest pace since 1971 (Bloomberg)
  • The disastrous January TIC data (Brad Setser)
  • AIG furor shifting to Goldman Sachs (Reuters)
  • The joke that are retention bonuses (NYT)
  • Why "covenant-lite" was the worst thing to happen to companies balance sheets (WSJ)
  • Some more on Nissan's TALF bond sale (Bloomberg)
  • In historic event, bankrupt Vallejo, CA judge rules city can void union contracts (
  • Intrade line on Geithner departure by June 2009 getting expensive (Infectious Greed)
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