Reader K.T. wrote me: You won’t believe the sweetheart deal that the Indymac boys were given by the FDIC [1].
Reader JDD sent us this: Economist: China will soon revalue the yuan; Nation must slow economy down, deal with inflation threat, analyst says [2].
Also from JDD come this alarming Zero Hedge article link: Move Over China: Beijing Sells Whopping $34.2 Billion Treasuries In December As Japan Becomes Largest Official Holder of US Debt [3]
Items from The Economatrix:
Stocks Gain on Earnings, Deals, and Hope For Greece [4]
Foreigners Cut Treasury Stakes; Rates Could Rise [5]
Gasoline Price Hits New Low for 2010 [6]
Are US Taxpayers Bailing Out Greece? [7]
Credit Card Holders Face “Crippling” Rates [8]
Forecasting with a Grain of Salt [9]
China’s Debt Bomb [10]
Collapse of Euro Inevitable, Bailing Out Greek Economy is Futile [11]
To Gauge Housing Prices, Look to Rents [12]
US Debt Will Keep Growing Even After Recovery [13]
The Day The Dollar Died Fiction Series: The Boxankle Adventure [14]