Here are the main links. A ton more can be found in the news feed (also available via RSS).
Enjoy.
Dear A.I.G., I Quit – Paul Kedrosky
The devalued Prime Minister of a devalued Government – Alice Cook This video is good.
U.S. wrong to blame China for trade imbalance: Stephen Roach – Xinhua
Buffett’s Goldman Sachs Warrants Regain Value – Deal Book Shares of Goldman have more than doubled since hitting a record low of $47.44 last November 21, with about two-thirds of the gain coming since March 9, according to Reuters data.
Mervyn King warns Gordon Brown to stop spending – Times Online
Czech Republic joins East Europe’s falling dominoes – Ambrose Evans Pritchard
Hedge fund Bridgewater mulls U.S toxic asset plan – Reuters
The Seinorage Curse – Gregor Macdonald
U.S. Total Credit Market Debt by Sector: 1929-2008 – Paul Kedrosky
Regional Banks Are the Future – Real Time Economics
Hoenig: Fed Needs Exit Strategy To Avoid Inflation – WSJ
Volcker: China Chose to Buy Dollars – WSJ This is basically what I have said. He has equally good comments about the Fed.
All bailout, all the time
The “Geithner Put”, part 1 a good synopsis here for the non-financial
How to game Geithner’s bailout programmes – Telegraph
Will Geithner and Summers Succeed in Raiding the FDIC and Fed? – Jeffrey Sachs Very provocative
Why a second best bailout may not be good enough – The Compulsive Theorist hat tip Mark Thoma
More Japan parallels – FT Alphaville (mentions an article I wrote on naked capitalism, but it also mentions another which I find very good.
The Ridiculous Marks of Toxic Assets (part 2) – Tyler Durden
Geithner plan could run into trouble, Merrill’s Richard Bernstein says
Romania gets IMF emergency loan – BBC News
Blogs I now follow
- Deal Journal – It helps that they quoted me. But, I like this alternative to the NY Times’ Deal Book. Give it a go.