10 Wednesday Reads

Here is what I am working through this AM:

• Wall Street Sees ‘No Exit’ From Financial Woes (Bloomberg) see also Few places to hide as bear growls (LA Times)
• The puzzle (The Economist)
• Putting the Clamps on Banks (WSJ) see also Fed Oversight of Nonbank Financial Companies Is Weighed (NYT)
• Strategic Mortgage Delinquencies as High as 27% (Bloomberg)
• Nearly Half of U.S. Lives in Household Receiving Government Benefit (WSJ)
• The mystery of US banks’ second mortgage exposure (Alphaville) see also Why Countrywide bankruptcy likely won’t solve BofA MBS problems (News and Insight)
• Pogue LOVES the new iPhone: New iPhone Conceals Sheer Magic (NYT) see also Apple Launches iCloud After Online Misfires (Bloomberg)
• Special report: China’s debt pileup raises risk of hard landing (Reuters)
• Let down by Obama, people seeking change flock to the ‘Occupy’ movement (Mercury News) see also From Elizabeth Warren, the proper case for liberalism (Washington Post)
• How unrealistic optimism is maintained in the face of reality (Nature) see also Brain ‘rejects negative thoughts’ (BBC)

What are you reading?

To the Dollar — As We Knew it!

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