13 Products Most Likely To Made By Child Or Forced Labor Huffington Post (hat tip reader May S)
The U-bend of life Economist
Bad Expectations New Republic (hat tip reader Skippy)
Swedish Police Report Details Case Against Assange New York Times
Joe Biden v. Joe Biden on WikiLeaks Glenn Greenwald
Retailers cry poor as sales drop sharply during Christmas period Sydney Morning Herald (hat tip reader Skippy)
The ghost towns of China: Amazing satellite images show cities meant to be home to millions lying deserted Daily Mail (hat tip reader Kendall)
Bodyguard business is booming Los Angeles Times
More on the lunacy of the Basle Accords London Banker (hat tip Richard Smith). An official welcome back to London Banker!
U.S. Yield Curve Steepest Since February on Tax-Cut Extension Bloomberg. This illustrates the design flaw of QE2: the Fed would have done better to set yield rather than quantity targets, and buy however much or little it took to hit those levels, since the aim of the exercise is presumably to achieve specific outcomes, rather than throw money at the markets and hope you get the desired outcome.
Opening the Bag of Mortgage Tricks Gretchen Morgenson, New York Times. An example of servicer abuses, but in a commercial real estate deal.
Financial Interests Dictate Sovereign Policy Michael Hudson
A bonus antidote from Don B: Lioness shows trust in man with her newborn cubs
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