Money & Markets – Week of 3.7.10

Examiner Sees Gimmicks in Lehman Demise
Reuters (12 March 10)

Morgan, Citigroup Helped Cause Lehman’s Collapse, Examiner Finds
GATA (11 March 10)

So Where, Exactly, Did Lehman’s $130 Billion Go?
Naked Capitalism (10 July 09)

France And UK Seek Hedge Fund Deal
Financial Times (11 March 10) [Full news story (requires subscription)]

Economic Ostriches About to Get Trampled to Death
The Trumpet.com (11 March 10)

Pimco’s El-Erian Says Public Finance Shock May Deepen
Bloomberg.com (11 March 10)

BP Pays $7 Billion for Devon Assets in Brazil, Gulf
Bloomberg,com (11 March 10)

Chinese Inflation Hits 16-month High
BBC News (11 March 10)

TARP Panel Finds Fault With GMAC Bailouts
The New York Times (10 March 10)

North Tyneside High Street ‘Revived’ By Fake Shop Front
BBC News (3 March 10)

S&P Rally Slowed by Fastest Cash Depletion Since 1991
Bloomberg.com (10 March 10)

ARM-ed But Under Siege
Financial Sense Observation (9 March 10)

State Tax Revenues Plummet By $87 Billion, Biggest Year Over Year Decline In History; Record State Tax Hikes In Progress
Zero Hedge (8 March 10)

Fed Audit Bitterly Opposed by Treasury
GATA (8 March 10)

‘On the Edge’ Banks Face Writedowns on FDIC Auctions
Bloomberg.com (9 March 10)

Failed Banks May Get Pension-Fund Backing as FDIC Seeks Cash
Bloomberg.com (9 March 10)

Public Pension Funds Are Adding Risk to Raise Returns
The New York Times (8 March 10)

U.S. Sales Tax Rates Hit Record High
Forbes (8 March 10)

Greenspan, Friedman and Summers win Dynamite Prize in Economics
Real-World Economics Review Blog (8 March 10)

AIG Sells Alico Unit to MetLife For $15.5 Billio
Yahoo Finance (8 March 10)

Gary Gorton On The Shadow Banking System Run, And The Interplay Of Shadow And Traditional Banking
Zero Hedge (6 March 10)

Europe May Consider IMF-Style Institution to Avoid Next Greek Crisis
Telegraph.co.uk (8 March 10)

Traders Cut Supplies of Petrol to Iran
Financial Times (7 March 10)[Full news story (requires subscription)]

China to Nullify Financing Guarantees by Local Governments
Bloomberg.com (7 March 10)

China Preparing to End Dollar Peg For Yuan
GATA (6 March 10)

China Pledges to Close Poverty Gap
Guardian.co.uk (5 March 10)