Your humble blogger is a bit under the weather still and separately very bummed by the Schneiderman news. Sone of my correspondents and I had noticed him taking a back seat to other AGs in launching mortgage-related cases and had been concerned it was a bad sign, but I didn’t want to go out guns a blazing in the absence of evidence. But this looks much worse than anything I could have imagined.
Daily Mail (hat tip reader May S)
Economist (hat tip Joe Costello)
Financial Times. I believe Western astrologers also see 2012 as a year of revolution.
Guardian (hat tip Buzz Potamkin)
Ambrose Evans-Pritchard, Telegraph
New York Times. This strikes me as hilarious, maybe because now is awfully late to get worried about this sort of thing. Now in fact the “private” bondholders have been asked to take deeper haircuts all along, but the Times headline (and even to a degree the story) somehow treats this as news.
New York Times. Wow, even the Grey Lady is skeptical.
Huffington Post. Hah, I thought the same thing. Who has their 2011 taxes filed by what, the third week of January?
News Junkie (hat tip reader food)
SFGate (hat tip reader Martha R)
Global Economic Intersection
LA Times (hat tip reader furzy mouse)
Bloomberg. Talk is cheap.
Antidote du jour. What I should be doing: