Recession-Plagued Nation Demands New Bubble To Invest In The Onion (hat tip reader Scott)
Australian Court Will Rule on Powers to Fine Pope Protesters Bloomberg
Mervyn King rejects £100,000 pay rise Times Online. The Governor of the Bank of England deemed an increase to be “inappropriate”.
The GSEs: Even Yoda cannot see their fate Accrued Interest
Lehman Should Go Private, Fox-Pitt’s Trone Says Bloomberg. Wish I’d thought of it myself, particularly since I’m a firm believer that investment banks should be private.
A bit more on the Agency portfolios of the world’s central banks Brad Setser
Fannie, Freddie, Ginnie now account for 130% of mortgage lending in U.S. Justin Fox
DON’T PANIC (Again !) Barry Ritholtz
Economist Death Spiral Watch Brad DeLong. DeLong has many “Death Spiral” entries, but this one is a doozy.
Fact Fight! Insurers make “error” allegations vs. Bloomberg News Dean Starkman, Columbia Journalism Review (hat tip reader Doug). A case study of the impediments to investigative jounalism.
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