On Wall Street: Beware of the sucker’s rally Financial Times (hat tip reader Dwight)
Green Shoots Or Rose-Colored Glasses Tyler Durden. Extensive quotes from David Rosenberg on the unemployment report.
Friday Movie Night – Slave Economics Edition Economic Populist
California Continues To Implode Michael Shedlock
Real estate index rises along with delinquencies MarketWatch (hat tip reader Marshall, who added, “I love paradox and irony, but this is starting to verge on Onion-like features”)
JPMorgan faces SEC lawsuit Financial Times. It’s simply a disgrace that the normally supine SEC saw enough rot to intercede, when the commissioners in Jefferson County have not been wiling to put up a fight. No doubt it’s because their dirty laundry would be exposed in discovery.
More On The SHAM “Stress Test” Karl Denninger. You do need to read this.
Are AIG FP Employees Using Bailout Cash To Get Jobs Elsewhere? Looks Like It, Says AIG Source TPMMuckraker. BTW, Zero Hedge broke the story.
Antidote du jour: