Elsewhere on Wednesday,
- Post-Lehman repos leave a lingering smell.
- Revaluation won’t make China’s imbalances go away.
- Flight of the Bumblebee: or, Japan’s debts.
- Wagner’s Law applied to the US deficit: Götterdämmerung?.
- The annotated FOMC statement.
- Information versus regulation in the Dodd bill.
- Lehman: how Consolidated Supervised Entities weren’t.
- Plus: mulling a special prosecutor, post-Valukas report.
- The case against bond benchmarks.
- Collateralised loan obligations: they’re baaaack!
- Hedge funds: a little less personality, please.
- Further, further reading.