Some Links
Why Greece will default. Martin Feldstein, Project Syndicate. See also, Europe must integrate or disintegrate. Wolfgang Munchau, FT.
Only Nick Clegg can save Labour. Will Hutton, Guardian. Strange times.
Self-criticism at Goldman Sachs. Lucy Kellaway, FT. The firm's mortgage securities traders review their own performace, and are pretty impressed. (The documents Lucy refers to are here.)