Surveillance cams help fight crime, city says Chicago Sun-Times. Big Brother is coming to the Midwest.
Check the Numbers: The Case for Due Diligence in Policy Formation Fraser Institute (hat tip Felix Salmon)
Radical revamp splits RBS in two Times Online
The Complete Biggest Losers! Clusterstock.
While Rome Burns Ed Harrison
‘Good Banks’ Are the Cost Effective Way Out of the Financial Crisis Willem Buiter Wall Street Journal
After Losses, a Move to Reclaim Executives’ Pay Gretchen Morgenson, New York Times. A good recap of why the pay of the executive ranks at a lot of firms was undeserved, and why they will get to keep it anyhow.
U.S. Bancorp CEO Davis rips TARP Twin Cities (hat tip reader Steve)
The Oligarchs’ Escape Plan Michael Hudson, CounterPunch
The US government frozen in the headlights Michael Pettis
Chocolate Covered Cotton billmon. Bilmon is back! This is a must read.
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