Elsewhere on Tuesday,
- When helicopter drops go bad (all right, it was a C-130).
- The Maiden Lane II effect on credit.
- Lumpiness in the bond market.
- What links AIG and Blackwater? You’ll never guess.
- A Fed defence of core inflation.
- IMF moral hazard, Egypt vs Belarus.
- Who ❤ Libya’s rebels — a primer.
- Wings and a prayer, or, a 5 per cent US growth target.
- Chinese (troubled) markets in everything.
- Further, further reading.