Elsewhere on Wednesday,
- The mother of all carry trades – again?
- More on that mutual fund spendathon.
- Bears still reign in important places.
- CDS in Europe: stop blaming the ref.
- The EMF: Germany may have a cunning plan.
- Trichet trousers rather a lot of liquidity.
- “Can we admit there’s a `too big to fail’ policy?”
- Were the stress tests a fake? The case for…
- … and the case against.
- Hamp and US housing: troubles multiply.
- Six theories on the equities rally…
- … and twenty questions on the recovery.
- Further, further reading.