- James Montiers Reading List – World Beta (Hat tip Tracy Alloway)
- Santa’s not so little helper: Today’s the busiest online shopping day of the year. So are they ready at the biggest grotto this side of Lapland? | Mail Online (Great pictures of Amazon’s warehouse.)
- FT Alphaville – Tracy Alloway – How do you say vicious circle in Greek?
- FT.com – Dubai utility faces $2bn debt demand
- Mish’s Global Economic Trend Analysis: Coming Collapse of Municipal Bonds (This will not be a black swan event.)
- No compensation for Northern Rock investors – Telegraph
- CIT Prepackaged Plan of Reorganization Confirmed by Court | Business Wire
- BBC News – Greek stocks fall 6% on fears over the country’s debt
- WTF? Cap and trade woman invented credit default swaps – Lynn Parramore
- HAMP a near complete failure – Tim Iacono
- Its the Saving Rate, Stupid – Paul Kedrosky
- FT.com – Wall Street soaks up research business
Distraction of the Day: Tiger Woods Slow Voicemail Jam Remix (hat tip Barry Ritholtz)
(video embedded above)