Politics:
How to Reform Our Financial System – NYT By Paul Volcker
Volcker sees markets more fragile without reforms – Reuters
Fed Worked to Keep AIG Deal Details Quiet – Forbes
White House Presses Senate on Jobs Bill – WSJ
TARP Inspector Says Rescue to Cost Taxpayers Less Than Expected – Bloomberg
U.S. prop trading ban? Tough, but not impossible – Reuters
TARP Inspector General: Government Programs “risk re-inflating bubble” – Calculated Risk
Economics:
Ticking up: America’s economy grew by 5.7% at the end of 2009. Yet it remains vulnerable – The Economist
My big fat sell-off: A successful bond issue provides only temporary respite – The Economist
Defaults May Return to Haunt Beleaguered Irish Mortgage Lenders – Bloomberg
CMBS Delinquencies Surge To $42 Billion, Or 5.2% Of Total; Average Loss Severity Hits All Time High Of 52.7% – ZeroHedge
Markets:
Placing Your Investing Chips in the Right Countries – WSJ
Goldman Sachs Tops JPMorgan as World’s Best Broker – Bloomberg
