Links: 2009-01-27
Animal Spirits Depend on Trust – Robert Shiller, Wall Street Journal
Geithner enlists lobbyist as top aide – Jeanne Cummings – Politico.com (Hat tip Marshall)
Argentina’s B- Rating Affirmed by Standard & Poor’s Ratings – Bloomberg.com
Fuld sells $14m home to wife for $100 – Business – NZ Herald News
Broader point about Geithner, Obama, China, and “manipulation” – James Fallows
Paulson reaps £270m ‘shorting’ RBS – FT.com
Nomura posts $3.8bn fourth quarter loss – FT.com
Citi sells $12bn in state-backed bonds – FT Alphaville (this is a freebie whereby Citi gets funding at reduced rates. It should help to recapitalize the company)
Why the Federal Reserve should LITERALLY throw money out of helicopters
Allt fler problemlån i Estland – Dagens Nyheter (basically Swedish banks are way overexposed in Estonia. 95% of the banking market is controlled by the Swedes. Get ready for some huge losses at Swedbank and SEB)
Islandsk kaos koster Danmark dyrt – Berlingske Tidene (Basically, Denmark is way overexposed to Iceland)
That fuld article about selling the home for $100 was hilarious!