For the commute home,
- Morgan Stanley wants to reinvent itself as Wall Street’s client-friendly firm.
- A Q&A with Trichet after the press conference.
- The Fed hasn’t disclosed everything: some data on collateral is still missing.
- Goldman expects finance stocks to outperform the market for next two years.
- We now know the severity of Morgan Stanley’s problems during the crisis.
- The Deficit Commission report is one vote away from a majority but still won’t get the needed votes to force Congressional action.
- Low interest rates may not have spurred the credit boom.
- Economist Dani Rodrik lists his five favourite books on globalisation.
- Included in the collateral pledged by banks to the Fed was more than $1 trillion in junk-rated investments.
- A platonic dialogue on the failure of economics education.
- This year’s top economic forecasters.