Probe shows kiddie porn rap was bogus Boston Herald. Scary, since a guy lost his job and his reputation thanks to malware.
Mixed US messages to Iran Kaveh L Afrasiabi Asia Times. Repeated episodes of “bad faith diplomacy” by the US.
Fed’s Bear Stearns Books Look Prime for Cooking Jonathan Weil, Bloomberg
FDIC’s Bair: ‘Playbook’ Needed for Failure of Investment Banks Housing Wire. Shiela Bair is having to say this NOW….help me. But maybe the big dogs don’t want to go there since to plan for failure is to admit there could be one.
FSA rejects ‘American imperialism’ in City oil market Times Online. Funny how no regulator every has speculators in his purview. Sort of like gambling in Casablanca.
Antidote du jour: