Links: 2012 05 25

Unfortunately I don’t have the time to do a proper daily commentary. But here are the links.

Beware hidden costs as banks eye ‘Grexit’ – FT.com

A parallel currency for Greece? | Gavyn Davies

Europe’s slump deepens as Kabuki summit falls short – Telegraph

Resilient China: How strong is China’s economy? | The Economist

Artur Mas, el rescate de Cataluña y los nervios del mercado sobre España – elEconomista.es

Spanish Lender Seeks State Aid – Ratings Cut on 5 Banks – NYTimes.com

4th straight record low for mortgage rates – Lansner on Real Estate : The Orange County Register

9,200 OC homes worth half their mortgage – Lansner on Real Estate : The Orange County Register

Review & Outlook: A Mess the 45th President Will Inherit – Taxpayers now stand behind derivatives clearinghouses – WSJ.com

Analysis: China’s new privatization plan faces push-back risk | Reuters

BBC News – Weak rupee hitting Indian economy

Greek euro exit flowchart: what happens next | Business | guardian.co.uk

When Romney Messes Up and Tells the Truth About Austerity | | New Economic PerspectivesNew Economic Perspectives

JPMorgan Gave Risk Oversight to Museum Head Who Sat on AIG Board – Bloomberg

HSBC Preliminary May China PMI Falls, Signals Further Slowdown – WSJ.com

China targets infrastructure to lift economy, report says | Reuters

Slow and steady Mexico draws equity bets over Brazil | Reuters

BBC News – Six reasons why India’s rupee is in freefall

BBC News – Bankia shares suspended amid bailout request reports

Nationalised Spanish lender Bankia ‘to ask government for more than €15bn’ – Telegraph

Moody’s downgrades three big Nordic banks | Reuters

Former Lloyds head of fraud and security Jessica Harper charged over £2.5m fraud – Telegraph

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  1. Dave Holden says

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