Bad Bank/Worse Bank Accrued Interest
TPG ends talks over stake sale Financial Times. Vanity and delusion knows no bounds. They wanted a 2007 valuation.
US car sales fall below China’s for first time Financial Times
On Madison Avenue, Shops Pack Their Hand-Tooled Bags New York Times
Happy Boycott CNBC Day! FT Alphaville. You missed it, but the post is still fun.
Broken Pension Model? Pension Pulse
Why don’t we hear a lot more about SDRs? Dani Rodrik
Antidote du jour: From Der Spiegel:
As it turns out, rolling snowballs is not just a human pursuit. Heavy snowfall throughout Western Europe on Monday, Feb. 2 provided this White Bengal Tiger from the grounds of England’s West Midlands West Safari Park with plenty of material to work with.
And the Times Online “Readers’ Snow Images“:
A couple of pelicans in St. James’s Park after having taken a refreshing swim