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S&P 500 can't see enough money to feed stocks' rally: Must read (Bloomberg)Mike Mayo says bank loan losses will exceed great depression levels, slashes bank sector ratings (Bloomberg)Deflation in Europe accelerates (HT reader anonymous: Bloomberg)Evans-Pritchard: Swiss slide into deflation next chapter in global crisis (Telegraph)
Tim Geithner brings the Enron Death Star strategy global: Must read (Rortybomb)
IBM - Sun deal talks stall (FT)At D.E. Shaw, Larry Summer worked just one day a week (NYT)Altman: this will not be a normal traditional depression (FT)Implications of copper's declining demand (Bloomberg)Samuelson: China engages in dollar deception (WaPo)Putin plans $90 billion stimulus plan [ed. where is all this money coming from?] (Bloomberg)Japan: time for return to QE [oh whatever, let's just all print money] (FT)Another opinion: Greenspan not to blame for housing crisis (Forbes)Largest winning streak since 1933 (B.I.G.)
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