Counterparties
Ron Suskind thinks that equity holders are secured creditors — Economics of Contempt
Bernanke said that long-term unemployment is a “national crisis” — AP
Can a weakened Volcker rule stop rogue traders? — Pro Publica
Europe extends the short-selling ban, crushing the dreams of some traders — FT Alphaville
Charles Kenny takes a hammer to the icon that is small business as job engine — Businessweek
And CalPERS admits that it probably won’t meet its 7.75% return goal this year — Bloomberg
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I misread the third line as, “Can a weakened Volcker stop rogue traders?” Much more evocative, I think.