• Pimco says stupidly cheap mortgage bonds still attractive [bridge... brooklyn....] ( Bloomberg )

  • Evans-Pritchard: The US has all the power ( Daily Telegraph ) [no retraction yet]

  • Bankers to escape Obama pay caps as Wall Street eyes guidelines ( Bloomberg )

  • Elliott seeks CDS payday in failing firms ( Bloomberg )

  • Bunds bearing treasuries for the first time since 2005 ( Bloomberg )

  • The destructive implications of the bailout - understanding equilibrium ( Hussman Funds , hat tip Ubu)

  • Samuelson: Obama's risky deficit spending ( RCM )