Its Friday afternoon — last linkfest of the week!
• Dismantling the Temple, Fixing the Fed (The Nation)
• What went wrong with economics (Economist)
• Audit Interview: James L. Bothwell The author of a definitive ‘94 GAO derivatives report talks about industry pushback and financial-press complacency (CJR)
• Security Savings Bank: Why a bank’s own executives were ignored when they brought financial irregularities to the OTS (their primary regulator) as “religious right” connections were used to fend off regulation (Bank Implode)
•A GS 2-fer:
• Curb Your Enthusiasm (Barron’s)
• AIG’s European Derivatives May Take Decades to Expire (Bloomberg)
• This Recovery Will Be Very, Very Painful (Atlantic)
• Barney Frank’s Plan to Legalize Marijuana (Esquire)
Gimme some good links I missed for the weekend!
I’m off to see one of the last surviving Beatles at the new Citi Field . . .