Elsewhere on Friday,
- The Lehman Files: ‘catch-22 valuation’…
- … and asking questions of the New York Fed.
- Sovereign investment-grade status: life isn’t fair.
- The Germano-Iberian case for a double-dip.
- Emerging market inflation: scream if you wanna go faster.
- Reading the yuan appreciation tea leaves.
- Against exchange status for OTC derivatives.
- AIG: ‘the only three-letter four-letter word in the English language’.
- US muni bonds: ‘the next stage of grieving is depression’.
- Hedgie billionaires, according to Forbes.
- But do hedge fund media tarts underperform?
- And what do they fear most — default, or inflation?
- Further, further reading.