Links: 2009-03-02

| 2 March 2009 11:19

Happy snow day!

Freddie Mac CEO Moffett quits after six-month stint – Reuters

When Does Faith in Financial Engineering Wane? – Tim Duy

Friedman and Schwartz were wrong – Paul Krugman, NY Times

Revenge of the Glut – Paul Krugman, NY Times

Failing the test – Paul Krugman, NY Times

EU to CEE: ‘Non’ – FT Alphaville

Euro Falls to One-Week Low as EU Rejects East Europe Aid Call – Bloomberg.com

‘New Europe’ Longs for Bush as Obama Turns Focus to EU, Russia – Bloomberg.com

Some Banks Must Die So the U.S. Economy Can Live: Caroline Baum – Bloomberg.com

You Walk Away LLC sued in class action lawsuit – Michael Shedlock

For Buffett, yesterday’s fans are today’s snarky critics – FT Alphaville

HSBC research snaps – FT Alphaville

What’s Happening to Citigroup? – Felix Salmon

naked capitalism: Jim Baker: First, Let’s Kill All the Zombies

The Geithner Interview – Baseline Scenario

In Geithner We Trust Eludes Treasury as Market Fails to Recover – Bloomberg.com

Pimco advising U.S. government on BofA: report – Reuters

Taxpayers hit by expanding black hole of AIG – Telegraph

This is a re-post of two Credit Writedowns articles that are relevant today:

Bailouts: catching a falling knife

America needs a pre-privitization plan

avatar About Edward Harrison

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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