Elsewhere on Monday,
- ‘Good blood-curdling stuff,’ or, the British economy today.
- A rave review for Michael Lewis’ The Big Short.
- “Lehman was too complex to do anything but fail”
- Ernst & Young and Repo 105: a deconstruction.
- The ‘dangerous dependence’ of interbank markets.
- My pet toxic asset.
- What secrets do Chinese ships tell?
- China bubble watch, I: Victor Shih strikes again.
- China bubble watch, II: the “bar of gold” syndrome.
- Finance in the Gulf: picking up the pieces.
- Everyone hearts Hamp… not that it matters.
- Underwater second lien mortgages: immerse yourself.
- A little bit more on yield junkies.
- I Will Survive!: or, the merits of hedge fund IPOs.
- When hedgie funding and hedgie perfomance collide.
- Further, further reading — Lehman special.