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Economics and Investing:

Even More MOAB [1] Money: Bankers Get $4 Trillion Gift From Barney Frank [2]

The Economist: A turbulent year in the currency markets is coming [3]. (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 [4]

From Reader F.G.: California gears up to charge “Use Tax” on items purchased out of state [5]

Items from The Economatrix:

Stocks Edge Higher as Jobless Claims Fall [6]

Fannie, Freddie Proving Too Big to Shrink [7]

North Korea Bans Foreign Currencies in Market Clampdown [8]

$36 Charge for Not Using Your Credit Card [9]

Goldman Sachs Denies Betting Against Clients on CDOs
[10]
US Studies Banks’ Handling of Toxic Assets

Pension Fund Sues Morgan Stanley Claiming Bank Knew Investments Were Bad [11]