Thanks again for your patience, i have a lot of good material (some from helpful readers) I simply have not been able to get to, will be remedying that in the next few days. Please stay tuned! On the verge of a face plant now.
Skier Suffers Exposure The Smoking Gun. Reader John sent this as a possible antidote, adding ” I ski a lot and cannot imagine how anyone would ever end up like this after attempting to get on a chairlift.”
Retail slump will gut newspaper ad sales Reflections of a Newsosaur (hat tip reader Tim)
Nationwide Inquiry on Bids for Municipal Bonds New York Times. I’m shocked, shocked that there might be corruption in the muni bond business.
Geithner Preparing Overhaul Of Bailout Washington Post
Fuel hedging bets cost Cathay Pacific $1bn Independent. Ouch.
Write-Downs Set to Slam Oil Majors Barry Ritholtz
Faber: 2009 to be Catastrophic Bloomberg (hat tip reader Dean)
Assessing the emerging global financial architecture: Measuring the trilemma’s configurations over time Menzie Chinn, Hiro Ito, and Joshua Aizenman,m VoxEU. A very cool piece of work on currency/monetary regimes.
Antidote du jour (hat tip reader Paul):