Published on greenfaucet (http://www.greenfaucet.com)
Michael Lews on the Villain at AIG
By Tyler Durden
Created 2009/07/04 - 5:26pm

Michael Lewis joins the Zero Hedge choir, takes on Joe Cassano: The Man Who Crashed the World [1]

Other weekend reading:

  • More on StevePerkinsGate [2]: PVM taking a page from the oldest playbook in the world (FT [3])

    •  

  • India joins China, Russia in questioning USD dominance (Bloomberg [4])

    •  

  • Palin to resign as Alaska governor, will not seek reelection (WSJ [5]) [not even worth discussing the Republican due diligence process]

    •  

  •  Ignoring prophetic predictors (Nader [6])

    •  

  • Staffer at SEC had warned of Madoff (WaPo [7], h/t dartmont)

    •  

  • Recovering ABS may relapse if TALF support pulled (Reuters [8])

    •  

  • Arnold's IOUs will pay 3.75% (Bloomberg [9]) which Bank of America can't wait to launder with taxpayer money (PR [10])

    •  

  • China needs domestic consumption for economic recovery (Bloomberg [11]), in other words a US-style credit bubble, combined with compelte fake economic data, can only go so far.

    •  

  • The Taleb - Tavakoli vendetta post-it update (Alphaville [12])

    •  

  • Banks own the US government (Guardian [13])

    •  

  • North Korea fires five more missiles (Bloomberg [14])

    •  

  • New York city sees slide in tourism (WSJ [15])
    • Source URL: http://www.greenfaucet.com/the-market/michael-lews-on-the-villain-at-aig/46383

    Links:
    [1] http://zerohedge.blogspot.com/2009/07/weekeend-readings.html
    [2] http://www.ft.com/cms/s/0/48365f5c-676a-11de-925f-00144feabdc0.html
    [3] http://www.ft.com/cms/s/0/96ba3ac6-680b-11de-848a-00144feabdc0.html?nclick_check=1
    [4] http://www.bloomberg.com/apps/news?pid=20601087&sid=aR7yfqUwTb4M
    [5] http://online.wsj.com/article/SB124664889369093021.html#mod=article-outset-box
    [6] http://nader.org/index.php?/archives/2127-Ignoring-Propethic-Predictors.html
    [7] http://www.washingtonpost.com/wp-dyn/content/article/2009/07/01/AR2009070104223.html?hpid=topnews
    [8] http://www.reuters.com/article/ousiv/idUSTRE5615QL20090703
    [9] http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a3RcbccPHQhU
    [10] http://sev.prnewswire.com/banking-financial-services/20090701/CL3850901072009-1.html
    [11] http://www.bloomberg.com/apps/news?pid=20601087&sid=ay5VLXmvWVHs
    [12] http://ftalphaville.ft.com/blog/2009/07/02/60131/taleb-vs-tavakoli-a-post-it-update/
    [13] http://www.guardian.co.uk/commentisfree/cifamerica/2009/jun/30/congress-financial-reform-banks
    [14] http://www.bloomberg.com/apps/news?pid=20601087&sid=aC_kaT3jqs3M
    [15] http://online.wsj.com/article/SB124657145348388701.html