Merkel Takes on the EU and Her Own Finance Minister Der Spiegel (hat tip reader Swedish Lex)
Frayed String for China’s Property Balloon Andy Xie, Cajing (hat tip reader Don B)
Indian state asks Coca-Cola to pay $47m compensation BBC (hat tip reader John D)
Health Care Bill Myths FireDogLake
Greenspan versus Reality, Part 2 David Merkel
Feinberg Reviews Pay At Bailed-Out Firms Wall Street Journal. I am a big fan of pay reform, but this is not the way to go about it. It looks as if the long suffering Kenneth Feinberg is again being tasked to collect a few scalps so Team Obama can appear to be Doing Something without actually Doing Something Effective.
The Perks of Being a Goldman Kid New York Times. FWIW, even back in the early 1980s, Goldman had a proud tradition of sons of management committee members working at the firm. Some even turned out to be decent bankers.
Geithner warns US could lose regulation initiative Financial Times (hat tip reader Joe C). Has no one told the headline writers at the FT that “US regulation initiative” is an oxymoron?
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