Elsewhere on Monday,
- Volcker is back (HT Calculated Risk)
- Does private equity ruin firms?
- VC Investors Defaulting on Capital Calls; PE Investors Just Say No
- Apologies from Derivative Dribble, this is going to be a three part article
- This is shaping up to be a dismal Christmas
- Will God help Detroit?
- Required reading from the Bank for International Settlements
- We are all hedge funds now
- Happy eightieth to Noam Chomsky
- Bartiromo on Joey Ramone
- Why oh why can’t we have a better press corps?
- Another own goal by the FT
- Further, further reading