There is almost always more good material Sunday evenings than I can do justice in posts….
Conversations with the Trading Desk Rick Bookstaber creates some hypothetical discussions between a risk manager and traders over large and growing CDO positions
Permissible Under American Law Cactus, Angry Bear
Leading America After January 20, 2009 Robert Reich
Post Is Out to Lunch on Giuliani Ad Dean Baker focuses on an oft repeated canard, that cutting tax rates increases tax revenues
Innovating Our Way to Financial Crisis Paul Krugman