Sorry about the second straight day of links. I’m drowning at my real job and Alyx is off getting married or something. I’ll do better tomorrow, maybe.
Biggest news today is the results of the EU-ordered stress tests on 91 banks, which will determine whether Europe is allowed to continue to exist or if it must sink into the ocean.
Those tests may be pretty much worthless for determining actual risk (just like our stress tests!), because only debt on the trading books is being examined, not debt held to maturity. Guess where you’re likely to find most of your sovereign debt?
Oh, hey, a US automaker is doing really really well, and this isn’t 1973. All it took was its two domestic competitors nearly going bankrupt and its biggest foreign competitor producing terrible murdercars.
Hungary prepares to have its rating cut to junk and for its name to be used in a thousand terrible pun headlines about same.
It’s never too early to start your holiday shopping, so why not get Mom a few hundred shares of $C from Treasury’s outlet store?
New conspiracy theory: McDonald’s is behind global warming to sell more frozen drinks. It seems to be working.
Are you a lady? Do you want to snag a banker and appear on some future RHO-some-city show on Bravo? Of course you do, that is what all ladies want. Here Is The City has put together a helpful shopping guide to help you land your man.


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