Little dung beetle is big chopper BBC. A scavenger turns carnivore.
Newspaper Jacket Keeps Homeless People Warm Springwise
“Threading a Needle” Tim Duy
Firms Keep Lobbying as They Get TARP Cash Wall Street Journal
The Big 87654 Did It! Independent Accountant
Wall Street’s Sick Psychology of Entitlement John Carney, Clusterstock
Warning: rating agencies can do you harm Paul De Grauwe. Contends rating agencies have gone from being too lax to too stringent.
Of Barclays, warrants and MCNs FTAlphaville (hat tip reader Richard). Yesterday, we provided a link to a story that discussed how anti-dilution language in Barclay’s £7 billion financing last October would make a government capital injection well-nigh impossible. This piece discusses a not-great but viable way out.
Cost of credit set to fall for top-rated groups Financial Times. One bit of comparatively cheery news.
House Rejects Obama’s Request For Rest Of TARP Huffington Post (hat tip reader John)
The looming divide within Europe Zsolt Darvas and Jean Pisani-Ferry, VoxEU
Antidote du jour (hat tip reader Earl):