Some lunchtime reading while you inhale your sandwiches:
• How Bad Are Auto Sales? 10 Questions and Answers (Time)
• Unemployment is now far beyond the worst case (8.8%) of ‘Stress Test’ (Calc Risk)
• Finally on line! The Great American Bubble Machine (Rolling Stone)
• The Unwinding of Lehman Brothers (CNBC)
• Sharp analysis: Is A Case Of Quant Trading Sabotage About To Destroy Goldman Sachs (Zero Hedge)
• America’s Fiscal Train Wreck (Morgan Stanley)
• QE just acting as a sugar rush for insolvent banks that deserve to fail (Telegraph)
• Florida aided Allen Stanford, suspect in huge swindle (Miami Herald)
• Help yourself: Customers are working for companies free of charge, and they like it (The Economist)
• Federal Reserve on How to Handle California IOUs
• SMALL LESSONS FROM A BIG CRISIS (Bank of England)
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