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U.S. SEC charges Sunwest Management with fraud - Reuters FT.com - Ukraine risks unrest as ills worsen China built enormous stake in US equities just before crash - Telegraph Moody’s: US Credit Card Debt Indicators Continue to…

Happy snow day!

Eminem's latest day in court likely to be felt far and wide - NZ Herald (this concerns a lawsuit on how much royalties artists should get fordigital music.  Steve Jobs is testifying.  It's a very big deal) A bruised Warren Buffett to look…

Citigroup close to reaching deal with government: report - Reuters The Banks's Rigged Stress Test - Dean Baker Renters Lose Edge on Homeowners - WSJ.com TARP Said to Be Ripe for Fraud - WSJ.com £650,000 pension for former RBS chief Sir…

Teed Off at Northern Trust - Deal Book German CDS debt spreads hit record as economy crumbles Japan exports drop 45% to new low - BBC News Citigroup May Sell Nikko Citigroup Unit in Japan, Mainichi Says - Bloomberg.com Hearst May Sell…

Tangible Common Equity… - Option ARMageddon Argentina’s Industrial Output Fell Most Since 2001 - Bloomberg.com Lonmin to cut 5 500 jobs - Fin24 South Africa Hairy Lips Sink Ships - Bill Gross, PIMCO Now What for the Big Banks?:…

Americans Would Be Lucky to Mimic 1990s Japan: William Pesek - Bloomberg.com Will Germany deliver on the Faustian bargain that created monetary union? - Telegraph U.S. economy seen starting recovery in second half of '09: poll | Reuters…

More on That Dirty Word "Nationalization" and Possible Approaches - Naked Capitalism In Northern They Trust - Barron's ING’s Hommen May Consider Seeking U.S. Support After Review - Blomberg.com 'Good Banks' Are the Cost Effective Way…

Frustrated savers are turning their backs on banks - Irish, Business - Independent.ie UBS warns of dire consequences from U.S. tax battle | Reuters Soros sees no bottom for world financial collapse | Reuters German 'bad bank' in Dublin…

The Austrian Economists: Rick Santelli Rant Ken Rogoff says Fed needs to set inflation target of 6pc to help ease crisis - Ambrose Evans-Pritchard, Telegraph Japan department store sales down 9.1% in January - Japan Economy News &…