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Bailout
: MacroprudentialCounterparties
By Felix Salmon
Mexican savings accounts have negative real interest rates. Affordable!– Center for Financial Inclusion
Rich Blake has an entertaining rant about Randall Lane and Trader Monthly — HedgeWorld
Ben Stein: “People who have been laid off and cannot find work are generally people with poor work habits and poor personalities” — American Spectator
John Cassidy translates Larry Summers into something approaching English — New Yorker
Dan Wineman on restaurant websites — Venomous Porridge
Dear Pinot Noir: I’m writing to tell you that I’m breaking up with you — The Gray Market Report
Iceland: CFR vs Krugman — CFR
Amazon.com customers now purchase more Kindle books than hardcover books — surely thanks to the iPad — CNet
What Sharon Waxman and I have in common — Fishbowl NY
ETFs that no one should ever touch: ?Inverse S&P 500 VIX Short-Term Futures Exchange Traded Notes? — BusinessWeek
Bloomberg’s interns (Last names: Tisch, Blankfein) — NYT
?We?re Apple. We don?t wear suits. We don?t even own suits.? — Wired, via ZDNet
Do I need to know about Tea Party Express vs Tea Party Patriots vs National Tea Party Federation? Please say no — The Atlantic
Cato on “Top Secret America” — lots of good links and analysis — Cato
A Farewell to Scienceblogs: the Changing Science Blogging Ecosystem — Scienceblogs
LCH.Clearnet clears record number of interest rate swaps ($224.6 trillion) in Q2 — Reuters
Is now a great opportunity for BP to try another top kill? James Cameron (yes, that James Cameron) thinks so — NYT
Mail Online has its own dedicated newsroom and >40m uniques — Guardian
Full post as published by Macroprudential on July 20, 2010 (boomark / email).

SEC Approves Exemptions for Central Counterparties for CDSs
All Bailouts Are Counterparty Bailouts
More AIG Counterparty Nonsense








