Elsewhere on Monday,
- The problem of public pension underfunding is rapidly becoming the next major administrative nightmare
- Where next for the Dow?, 6,000, 5,000, 4,000?
- Low oil prices are saving the US economy $16bn per month compared to the first 8 months of 2008
- Moving in on the shadow financial system
- Could Buffett be going to zero?
- Myron Scholes says blow all ‘em CDSs up
- The Bank of England may have averted a catastrophe
- Troubles in Mexico are brewing
- Fishermen are a lot like American investment bankers – the lesson from Iceland
- Is Jon Stewart bizarrely obsessed with Rick Santelli?
- 1-800 Timothy Geithner