Elsewhere on Monday,
- “Risk management has to be independent, and it wasn’t independent at Citigroup.”
- And Citi’s Graveyard spiral.
- Six ways the Fed could have saved Citi.
- Deja vu, credit markets edition.
- A Q&A with Michael Lewis.
- “… it looks like the real absurdity was the stock market’s performance during much of the preceding 14 years.”
- Tim Geithner goes to Washington.
- “There is a remarkable failure to acknowledge a key element of the task before us, that is, that the financial system HAS to shrink.”
- When stocks go to zero.
- Japan’s salarymen told to work less, have more kids.
- “I like gold here.”
- Trader Psychology bows out.
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