Elsewhere on Wednesday,
- CDS fact of tha day.
- Some golden technical analysis.
- Warren Buffett: Finally in distressed financials
- “Why do Bernanke and Paulson believe the Hold-to-Maturity price is higher than the current market price for MBS?”
- Bye, bye performance fees.
- “The urgency about passing a bailout bill is completely phony.”
- The Viagra economy.
- The Pandit Era at Citigroup: Denser Memos.
- “The resistance of elected politicians to the wholesale adoption of the bailout was inevitable.”
- Shorting the synthetic way.
- No wonder my morning omelette‘s so expensive.