1. US Treasury has released a blueprint for changing its financial regulation structure. MR gives its comments. Rodrik’s blog has some comments as well
2. WSJ Blog points Fed is releasing a new US map showing the housing condition in US. It also points to a new study showing SWF aren’t as big as made out to be.
3. Fin Prof reflectson UBS subprime losses
4. DB Blog has a fantastic post on gender inequality.
5. Ajay Shah has prescription for controlling inflation – Let rupee appreciate by 10% and lower interest rates by 300 bps!!