Economic Insanity Update
26 January 2011



Financial Crisis Was Avoidable, Inquiry Finds ((New York Times via Yahoo))

Chris Whalen On The Zombie IPO: Is American International Group the "Blood Doll" of Wall Street? (Zero Hedge)

Greece Default With Ireland Breaks Euro by 2016 in Global Poll (Bloomberg)

As FASB guts Mark-To-Market, Former FDIC Chairman Gloats (Zero Hedge)

Wage Inflation Rampant In China As More Provinces Plan Minimum Salary Hikes (Zero Hedge)

Boxer introduces bill to lower barriers to refinance (Housing Wire)

Small Gold Trader Makes Big Splash (Yahoo)


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