- China Lending Boom May Hamper Banks Asset Quality, BIS Says – Bloomberg.com
- Citi seeks government nod to repay taxpayers: report| Reuters
- BBC News – Banks criticise plans for windfall tax on bonuses
- FT.com – Bankers had cashed in before the music stopped
- FT.com – European banks to face capital demands
- Gretchen Morgenson – Why Treasury Needs a Plan B on Mortgages – NYTimes.com
- Robert H. Frank – How Rising Debt Can Lift the Economy – NYTimes.com
- The difficult arithmetic of Chinese consumption – Michael Pettis
- Measuring The Fiscal Costs Of Not Fixing The Financial System – Simon Johnson
- Couples tax transfer runs afoul of assessor – SignOnSanDiego.com (Municipalities need money.)
- CMBS Reaches 4.06% Delinquent in Q309, MBA Says – Housing Wire
- FT Alphaville – Tracy Alloway – Fannie, Freddie and FAS 166/167
- BBC NEWS | Brown unveils £12bn spending cuts
- Recalculation, Normal Churn, and Deficient Demand, Arnold Kling | EconLog
- Some Thoughts on Monetarism, Arnold Kling | EconLog
Distraction of the Day: Photo-happy orangutan with a flair for photography
(video embedded above)