25th Oct - Voight-Kampff interruption

Guide to Euro Crisis, source: New York Times

For today and tomorrow, I am cutting down on blogging as I'm going through psychometric evaluation for a job I would like to have. Some links, but I've omitted the summaries. Maybe an evening post later today, but no morning post on Wed. Good luck! - 'MoreLiver'

News (Mon evening) – BTH

News (Tue morning) – BTH

Danske Daily – Danske Bank (pdf)

FX option vols – Saxo

TV: Bloomberg, CNBC, BBC World News

Markets Live – alphaville FT

Debt crisis: live – The Telegraph

EZ crisis Live blog – The World / FT

EURO CRISIS

China to Europe: Sort yourselves out – beyondbrics / FT

What is Greece’s problem: everything explained in 3 posts – Wired and Ready

Mystery solved: ECB can’t afford the Greek barber shop – Lighthouse IM

Hoping that that Minimum is Enough in Europe – The Street Light

EFSF deal unclear, bank recap at the lower end of range & unclear, politically no common purpose

Tomorrow and the day after tomorrow: a vision for Europe – ECB

Speech by Trichet

More Bang for the Buck? The EFSF Story – Re-Define

Short post on EFSF. Author sees a bigger role for ECB in all scenarios.

A “bridge to somewhere”: Building a comprehensive strategy for resolving the Eurozone debt crisis – voxeu.org

IMF’s Zettelmeyer’s standard roadmap, recap, ensure fiscal responsibility etc. 

EURO SUMMIT

The EU Plan – Macro Story

EU Weighs Insurance, SPIV Leverage, Needs Rating Agencies to Go Along; German-French Spread at New Record High 1.20%; Fear "of" Reaching a Deal – Mish’s

The Check Is In The Mail – ZH

Peter Tchir: EFSF will not be AAA for long, ECB’s money is just as circular as everyone else’s money – unless they print it.

European "Union" – openeuropeblog

Good take on the insults, bad behavior and posturing by our Dear Leaders.

Berlusconi Becomes Euro Zone’s Laughing Stock…Again – The Source / WSJ

EU Tensions Between Euro-Ins and Euro-Outs – The Source / WSJ

More on the heated arguing

OTHER

You are neither dumb, nor stupid, Paul… - Kantoos Economics

The problem is how to distinguish a multiple-equilibria situation from cases of genuine one-equilibrium insolvency – especially for countries as the future capacity to repay is not based on assets in a narrow sense but on the expectation of future economic growth.

The Buyback Paradox – The View from the Blue Ridge

Companies use a larger % of their cash flows during bull markets than during low / declining stock prices.

DIVERSION

The dark side in a whole new light – Daily Mail

Margin Call review round-up – Abnormal Returns