Glencore buys back debt – FT Alphaville
The fix is in! MTM Accounting Deal On The Way. – Option Armageddon
Greenspan Forgets Where He Put His Asset Bubble: Caroline Baum (My take on a re-post is here: The Blame Asia Meme)
Climate change gets worse – A sinking feeling – Economist (hat tip Yves Smith)
UK house prices will plummet: look at this scary chart – Money Week (hat tip Alphaville)
Is Obamanomics Conservative or Revolutionary? – Robert Reich
All Reuters needs now is a name – FT Alphaville Reuters has a new blog site coming
Rebalancing the books – unpleasant but not unbearable – Jeremy Grantham, FT.com
Freddie to Tap $30.8 Billion in Aid as Losses Deepen – Bloomberg.com
To the victor go the spoils: who answers the phone in the US Treasury? – Willem Buiter
Eastern European currencies ‘close to crisis’ – Irish Independent
The Eastern European carry-trade meltdown, reviewed – FT Alphaville
Norway pension fund loses $92bn – BBC News
Questioning the J-curve – FT Alphaville
‘Difficult’ Americans hamper G20 efforts to secure a global deal – Times Online
Hungary’s economy shrinks rapidly – FT.com