- Default swap spreads increase markedly on Japanese electronics names, led by Toshiba (DW)
- Fitch downgrades California 2008/09 RANs (Fitch)
- Foreclosing the Crisis (TNR/Glaeser)
- Pershing Square’s Annual Investor Presentation (Dealbreaker)
- Debt detox, purging and parasite cleansing. (Debtonation)
- Veneroso: Japan on the Edge of the Abyss (Naked Capitalism)
- Market, Malthus & the Moneymen (Satyajit Das)
- Reasons for optimism during this protectionist redux … (Popular Delusions)
- Manager Makes Big Bet SPY Will Fall By 17% (IU)
- The myth of moral hazard (The New Yorker)
- Tyler Cowen argues the economy needs a placebo (and I think he is being serious) (Economist)
- Self-fulfilling policy pessimism? (Economist)
- Beyond the age of leverage: new banks must arise (FT/Ferguson)
- How to fix the liquidity leak (FT)
- Scenes from Indonesia (Boston.com)
Related posts: