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Readings 02/23/09

• Hedge fund lies, darned lies and statistics... (Harold Bradley)
• Securitisation and Financial Stability (Source)
• Petrobras, China Sign Long-Term Oil Deal (emii)
• How to set up a new 'good bank' (FT)
• Let housing find its clearing price (Reuters)
• Portfolio rebalancing by individual investors (Quarterly Journal of Economics)
• Do political parties matter? Evidence from U.S. cities (Quarterly Jorunal of Economics)
• The US government frozen in the headlights (Pettis)
• US Remains World's Leading Manufacturer (Big Picture)
• United Arab Meltdown & Bailout (Credit Slips)
• Top Ten Banks.... Then and Now (EconomPic)
• Latest forensics on China's Treasury-purchasing (Setser)
  
• The not-so-fundamental theorem of finance (Derman)
  
• How Much Junk Orbits Around the Earth? (screamyguy)

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