Citi: net credit losses rising rapidly. Calculated Risk.
Citigroup posts Potemkin profits. Yves Smith, naked capitalism.
a month old, but worthwhile:
Absolute confidence? Andy Harless, Employment, Interest and Money.
Are credit markets reopening? Floyd Norris, NYT, via Barry Ritholtz, The Big Picture.
Fed shrouding $2 trillion in bank loans in secrecy, suit says. Bloomberg.
Understatement of the day. Dani Rodrik's website.
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