Bailout

Thursday links state the obvious

By Felix Salmon

A very sophisticated debate between Nick and csissoko in my comments section

Ah, Citi. “Until Tuesday, mortgages were still being processed without appraisal and income verification docs”

Thank you, Alan Greenspan, for telling us that US GDP growth is tied to house prices. What would we do without you?

How Goldman hides risks from investors

Why newspapers matter: here and here are important domestic stories which need to be fearlessly reported.

Cyclist gets dragged under car running red light. Police tell him to go home or get a ticket.

Full post as published by Macroprudential on June 26, 2009 (boomark / email).