Reader K.T. wrote me: You won’t believe the sweetheart deal that the Indymac boys were given by the FDIC.
Reader JDD sent us this: Economist: China will soon revalue the yuan; Nation must slow economy down, deal with inflation threat, analyst says.
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
Items from The Economatrix:
Stocks Gain on Earnings, Deals, and Hope For Greece
Foreigners Cut Treasury Stakes; Rates Could Rise
Gasoline Price Hits New Low for 2010
Are US Taxpayers Bailing Out Greece?
Credit Card Holders Face “Crippling” Rates
Forecasting with a Grain of Salt
Collapse of Euro Inevitable, Bailing Out Greek Economy is Futile
To Gauge Housing Prices, Look to Rents
US Debt Will Keep Growing Even After Recovery
The Day The Dollar Died Fiction Series: The Boxankle Adventure