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Credit Writedowns

Goodbye to Credit Writedowns

Risks to growth and inflation helping keep long rates down

What’s your model on how real GDP grows durably?

Links: 2010-04-10 Greek crisis, CDO shenanigans and Germany’s forgotten bunkers

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Galbraith, Stiglitz and Soros on resisting the inevitability of the Greek debt crisis

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Go Greece Lightning

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The Central Bank as “Deal of the Last Resort”?

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Fitch downgrades Greece to BBB- with a negative outlook

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Links: 2010-04-09

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Dollar Pares Week’s Gains

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The Bundesbank slams the proposed EU-IMF Greek bailout as unconstitutional

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Citigroup’s Chuck Prince confirms that risky behaviour drives out prudent when risk is rewarded

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US Pension Funds are implicitly betting on Dow 40,000

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