Banks defy Brown’s call to free up credit Guardian
What I really think about Finance Robert Waldmann, Angry Bear
December’s JPMorgan Global PMI Shows Just How Far The Infection Has Spread Global Economy Matters, Good concise recap.
Why We Keep Falling for Financial Scams Wall Street Journal. Who do you mean by “we”? (I did not believe there were WMDs in Iraq either) Interesting nevertheless.
Refuted economic doctrines #2: The case for privatisation John Quiggin
Fannie Mae’s Last Stand Bethany McLean, Vanity Fair. VF also has a feature on Cate Blanchett.
If this is like 1932, there will be hope as well as pain John Authers, Financial Times. If 1932 is any guide, we will see both a monster rally this year, and lower lows.
Reflections on Madoff Richard Bookstaber
Antidote du jour:
Anonymous 
Posts
A very interesting interview with money manager who has lots of cred:
Economic War