A bit more of the truth comes out: Geithner’s Fed Told AIG to Limit Swaps Disclosure. (Thanks to Shale for the link.)
From GG: U.S. regulators warn banks on interest rate risk
Brett sent us this bit of confirmation for the prevailing sentiment amongst Rawlesians: Krugman: 40 Percent Chance of Double Dip Recession
Items from The Economatrix:
Fed Wants Florida Bank to Boost Equity or Find Buyer
Construction Spending Down Seven Straight Months
Bank Lending Poised to Pick Up
Bernanke Says Confident in Fed Strategy for Exit