Elsewhere on Tuesday,
- Don’t stress, US banks are in effect already nationalised.
- So is this meant to reassure us?
- The way to a hedge fund’s heart is through its prime broker.
- Citi rescue Part III: The blogosphere is unimpressed.
- Debunking the ‘paradox of thrift’.
- Memo to Blackstone: Taking private equity private.
- How to tell if a hedge fund is any good (HT Felix Salmon).
- Utterly trivial but interesting finding of the day.
- Why Glass-Steagall matters and why it doesn’t.
- Citi and the Nigerian email scam.
- Who is the fairest in the ugly currency parade?
- How far have we fallen?
- From Good to Great – revisited.
- Messier and his ‘economic Chernobyl’.
- Who’s advising Thomas Friedman – one guess.
- The Carpetbagger’s view of the Oscars.