Happy snow day!
Freddie Mac CEO Moffett quits after six-month stint – Reuters
When Does Faith in Financial Engineering Wane? – Tim Duy
Friedman and Schwartz were wrong – Paul Krugman, NY Times
Revenge of the Glut – Paul Krugman, NY Times
Failing the test – Paul Krugman, NY Times
EU to CEE: ‘Non’ – FT Alphaville
Euro Falls to One-Week Low as EU Rejects East Europe Aid Call – Bloomberg.com
‘New Europe’ Longs for Bush as Obama Turns Focus to EU, Russia – Bloomberg.com
Some Banks Must Die So the U.S. Economy Can Live: Caroline Baum – Bloomberg.com
You Walk Away LLC sued in class action lawsuit – Michael Shedlock
For Buffett, yesterday’s fans are today’s snarky critics – FT Alphaville
HSBC research snaps – FT Alphaville
What’s Happening to Citigroup? – Felix Salmon
naked capitalism: Jim Baker: First, Let’s Kill All the Zombies
The Geithner Interview – Baseline Scenario
In Geithner We Trust Eludes Treasury as Market Fails to Recover – Bloomberg.com
Pimco advising U.S. government on BofA: report – Reuters
Taxpayers hit by expanding black hole of AIG – Telegraph
This is a re-post of two Credit Writedowns articles that are relevant today: