Elsewhere on Tuesday,
- Credit crisis — The Essentials.
- Why the UK will become one big public sector, “lumbering around like a bureaucratic monster trying to devour any wealth creation as it feeds its insatiable hunger for revenue to pay for the life styles of retiring mandarins and pen pushers”.
- The seven who could have saved Citi.
- Citi’s intractable problem that the bailout doesn’t address.
- At some point investors may begin to question whether a government running huge deficits can also credibly promise that the dollar will not lose its value.
- Forget those Great Depression analogies - they’re all wrong.
- When raising interest rates doesn’t work any more.
- Covering the carnage and getting eaten by it: The fall of the analysts.
- Persisting in a failed course of action is not a sign of intelligence.
- Acting poor is the newest obnoxious trend for the rich.
- On Saturday, the WSJ knew exactly who would be joining Tim Geithner in Barack Obama’s economic team, but when the official announcement was made it featured none of the names on the WSJ’s list.
- From my cell I scent the reeking soul of US justice.
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