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Finance and Economy
FT.com / Columnists / Philip Stephens – How the big banks rigged the market
FT.com – A bank levy will not stop the doomsday cycle
Economic Perspectives from Kansas City: Sheila Bair Exposes Wall Street’s Power Grab: Angelides Commission Hearings, days 1 and 2
Rick Bookstaber: Breaking the Banks
Wall St. Weighs Legal [...]

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Naomi Klein on how corporate branding has taken over America | Books | The Guardian
Glenn Greenwald – Salon.com – Krugman, Gruber and non-disclosure issues
National Briefing – Southwest – Arizona – Parks Are Casualties of Budget Cuts – NYTimes.com
California isn’t the only state facing big budget woes – Jan. 14, 2010
More on freshwater economics | Angry [...]

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Geithner says was not involved on AIG disclosures| Reuters
Volcker Voices His Views in a Vacuum – WSJ.com
Banks, experts eye possible ways around Obama fee
FT.com – Inflation looms in China and India
FT.com – Separating investment banks will not make us safer
FT.com – Europe cannot afford a Greek default
FT.com – Martin [...]

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FT.com – A history of Google in China
BBC News – China property prices accelerate
Why do people ‘play the longshot’ but buy insurance? It’s in our genes
U.S. 2009 foreclosures shatter record despite aid| Reuters
"I Do Not Blame The Regulators" – The Baseline Scenario
John Paulson’s high-risk hubris | Felix Salmon | Reuters [...]

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Op-Ed Contributors – Questions for the Big Bankers – NYTimes.com
Enough With The Government Cover-Ups – Forbes.com
interfluidity – Links on inequality and the macroeconomy
Demand overwhelms program to prevent homelessness | McClatchy
Obama, Bernanke Need Miracles to Weather 2010: Caroline Baum – Bloomberg.com
BBC News – Guantanamo guard reunited with ex-inmates
FT.com – Greece condemned for falsifying data
The Insurance Industry [...]

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More links are available in the news feed (also available as an RSS feed).
Feature Link: A New Tax on Banks and Bankers? – NYTimes.com
Simon Johnson, Bert Ely, Judy Samuelson and I each gave our view on a proposed banker tax for the Editors at the New York Times’ Room for Debate. Bert and I are [...]

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More links are available in the news feed (also available as an RSS feed).

Hank Greenberg’s Self-Serving, Largely Off-Base Salvo at Goldman – naked capitalism
Selling from retail investor will outlast buying from hedge funds – The Globe and Mail
FT Alphaville – Tracy Alloway – Unintended consequences, accounting for Basel edition
Citigroup’s Buiter says euro [...]

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Many more links are available at the news feed (which is also available as an RSS feed).

Main Street to Wall Street: We don’t buy the rally
The people of Iceland deserve our sympathy | Business | The Observer
Financial journalists must learn what ordinary people think are big deals | The Observer
Swine flu promises [...]

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Dear readers,
I just barely missed putting 2009 in the title again. I’ll learn.  I have some other things on my plate, so I have not posted quite as often as I would like. I have three or four topics I want to look into. They are:

Greece and the recent comments by Juergen Stark.
The morality of [...]

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In handwriting:

Note that there should be no discussion or suggestion that AIG and the NY Fed are asking to structure anything else at this point.

It will be enlightening to hear him explain what this statement means. See also Tim Geithner "Protects America From Itself" By Forcing Elimination Of Material AIG Disclosure at Zero Hedge. There [...]