Economics and Investing:

Even More MOAB Money: Bankers Get $4 Trillion Gift From Barney Frank

The Economist: A turbulent year in the currency markets is coming. (A hat tip to frequent content contributor G.G.)

Bill R. sent us this from The Wall Street Journal: Banks Risk Storms in Safe Havens

From Reader F.G.: California gears up to charge “Use Tax” on items purchased out of state

Items from The Economatrix:

Stocks Edge Higher as Jobless Claims Fall

Fannie, Freddie Proving Too Big to Shrink

North Korea Bans Foreign Currencies in Market Clampdown

$36 Charge for Not Using Your Credit Card

Goldman Sachs Denies Betting Against Clients on CDOs

US Studies Banks’ Handling of Toxic Assets

Pension Fund Sues Morgan Stanley Claiming Bank Knew Investments Were Bad