U.S. Government To Save Billions By Cutting Wasteful Senator Program The Onion (hat tip reader Scott)
Lloyd Blankfein: Time Man Of The Year Simon Johnson
Hedge Fund Managers’ Pay Roared Back Last Year New York Times
In Fed We TruPS FT Alphaville. Quelle surprise! Some of those Maiden Lane I exposures are junk! But I thought that was a feature, not a bug. JP Morgan was trying to dump the worst Bear exposures into MLI. Looks like they succeeded.
Google Is Not a Heroic Defender of Privacy Columbia Journalism Review. Quelle surprise!
PPACA and “What If?” Scenarios Menzie Chinn, Econbrowser
Does the U.S. Pay Too Little in Taxes? EconomPic Data
The Trouble Turning Over the U.S. Auto Fleet Paul Kedrosky
Interview with James Lovelock Guardian (hat tip reader John M)
Antidote du jour. A pastoral scene from reader bloostater: