Elsewhere on Tuesday,
- In praise of dumb regulation.
- Paul Krugman’s protectionism: maximum pwnage.
- The mancession goes global.
- Nouriel predicts an anaemic recovery.
- European Monetary Fundonomics: once more unto the breach.
- Dick Fuld has at least one friend left. More than we thought.
- Interest rates: laughing in the face of the zero bound.
- What would credit quality be like without CDS around?
- Doing away with tax loopholes for private equity funds.
- Worst sovereign debt acronym ever; good analysis.
- Repo 105, versified.
- The reviews for Michael Lewis’s new book rave on…
- …Except when it comes to shining a light on AIG and CDOs.
- Further, further reading.