Elsewhere on Monday,
- JGB yield curves get steeper.
- A blast of the trumpet against Ernst & Young.
- “Dear Audit Committee member…”
- Europe’s porcine debt rollover problem, visualised.
- “Gilt yields depend on more than creditworthiness”.
- Third time’s a charm: predicting a triple-dip.
- Alan Greenspan: wrong, wrong, wrong.
- Fractional reserve banking: A quick primer.
- Ratings agencies: a (morning) star is born.
- Ben Bernanke takes on Too Big To Fail.
- How the death of trust will transform markets.
- “The speculator is a hero, and has been throughout history”.
- Further, further reading.