Elsewhere on Friday,
– Beware the “confidence names.”
– Inside the Lehman bond recoveries.
– ‘It is no coincidence that many trading desks are stacked with former college athletes.’
– Why traders aren’t price-taking gods.
– Global warming vs the “Great Unravelling”
– Has the Somali piracy threat peaked?
– A very nasty case of rhetorical blowback, on the debt ceiling.
– The euro crisis meets 1970s funk.
– Further, further reading.