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Afternoon Reading: Pickens, Madoff, China, etc.

Some quick links to items of interest:

  • Madoff’s records "utterly unreliable". Gosh. (Bloomberg)
  • T. Boone Pickens wants a bailout (sort of) (EMII)
  • U.S. Consumers Prefer “Economy Size” To “Downsized" (Nielsen Wire)
  • China’s economy hits the wall (FT)
  • Bill Emmott on why the euro’s strength won’t hold (Guardian)
  • Auto bankruptcy filing ahead, with 25% recoveries for bondholders (Moodys)
  • First Madoff class-action suit includes Marketwatch columnist (Securities Digest)
  • Stress credit card securites: Move along, no problem here. Really. (Fitch)
  • Distribution of Madoff returns was "kleptokurtotic" (Twitter/StockJockey)

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