Why Darwin Would Have Loved Botox Discover Magazine (hat tip reader Megan)
China Mulls Letting Four Brokers Try Margin Trading Bloomberg. Why is governments’ default answer to problems these days “Break glass and apply leverage”?
Banks Are Likely to Hold Tight to Bailout Money New York Times
‘DIP’ Loans Are Scarce, Complicating Bankruptcies Wall Street Journal. On one level stunning, on another predictable, but regardless, it means fewer companies will succeed in putting together a Chapter 11 reorganization and will instead liquidate.
Sarah “Frodo” Palin and The Cancer School of Economics Bill Cusack, Huffington Post. Despite the title, this is mainly about….sharks.
Antidote du jour: