Monday, June 8, 2009

Overallotment: June 8

  • Must Read: Taibbi destroys WSJ's Evan Newmark: "Time to enshrine Hank Paulson as national hero" WTF (Taibblog hat tip Ian)
  • Repos and the shadow banking system: Gary Gorton explains the crisis (Falkenblog, to be read in conjunction with this)
  • IMF tells Europe to come clean on bank losses (Telegraph)
  • 'Fierce Rally' under way for leverage loan CLOs as investors can find enough junk to purchase (Bloomberg, hat tip Steve for both)
  • Boston Globe union rejects cut, future of newspaper in question, again (Reuters)
  • Barry Ritholtz - Charlie Gasparino round 1 (Big Picture)
  • Larry Fink can't wait to get his hands on hi-fi trading (Reuters)
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