The King Report (BP) Deceit and duplicity are encouraged if not demanded. Earnings are crafted; balance sheets cannot be trusted; government economic data is illegitimate.
What the Stress Tests Didn't Predict (NYT)
Bernie Madoff dying, making platonic friends, and smoking pot? (Dealbreaker)
Tim Knight's Big Picture View (Slope)
Cumulative Deficit Estimate for Next Decade Increased $2 Trillion....Since May (Fund My Mutual Fund) This is a must read by any self-respecting American.
1 hour ago