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Further reading

Elsewhere on Wednesday,

- “Treasurys are clearly the belle of the investment ball.”

- The model made me do it.

- The M&A buyers’ market.

- Surprised there’s a recession?

- “If the TARP were a private company, it would have a Sarbanes-Oxley problem.”

- Commodity traders’ pay falling faster than oil prices…

- Forget debt. The Fed should buy stock index futures.

- Securities lending starting to dry?

“…although bankers flatter themselves that they’re so smart they could work anywhere.”

- A deflation debate.

- “When a central bank thinks its house is on fire, it too will rush to save the thing valued most.”

- Reverting to the mean post options expiration?

- Michael Lewis on the hedge fund manager who saw it coming.

- Joe the plumber, of the Austrian economics school.
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