1 Treasury DKs Goldman/Fannie/BRK Tax Credit Scam. Barry Ritholz: "Those of you who used to respect Warren Buffett might consider moving him off your increasingly short list of participants in the marketplace who behave ethically"
2 First, Let’s Kill All the Credit Default Swaps. Yves Smith: "Just as with securitiztion, credit default swaps lower the incentive to do borrower due diligence"
3 Michael Milken On The Five Biggest Systemic Threats. Tyler Durden: "Time to start loading up on those sovereign CDS"
4 The 25 Billion Dollar Secret. Daily Bail: "In any other time, a sitting Treasury Secretary who interceded on behalf of Wall Street to screw taxpayers out of tens of billions, would not be sitting long"