Elsewhere on Thursday,
- What is the US economy based on?
- Last pillar of US economy – exports – set to fall?
- “Real interest rates are high.”
- ECB may keep rates at seven-year high to fight inflation.
- “Ambac has now given back $2.1 billion of its Q2 paper gain in just one month.”
- The dollar’s golden cross.
- The CFTC develops teeth.
- JP Morgan investigated over muni interest-rate swaps.
- “Blackstone’s newest private-equity vehicle is expected to get just a $250 million investment from pension fund Calstrs, down from $1.7 billion.”
- A dossier on Lehman’s prospective bosses.
- Art which won’t lose [all] its value.
- “From Prague, three banks will loan us the funds to mount the most dramatic Pac-Man defense.”
