February 16 Links

• Latest: S&P Futures down 10.3 bps, Yen at 91.83
• GM told by administration to address bankruptcy option as part of Feb 17 report (WSJ)
• Krugman on the biggest Ponzi of the past 10 years, the U.S. itself (NYTimes)
• The beginning of Treasury capitulation (WSJ)
• First satellite collision, now nuclear subs (Yahoo)
• Ritholtz' cyclical S&P Chart (Ritholtz)
• HSBC in need of up to $30 billion in additional capital (FTAlphaville)
• Trade relations slow as risky counterparties cut (Naked Capitalism)
• Should China devalue the Yuan (China Financial Markets)
• Some more data on FDIC bank failures (Calculated Risk)
• Don't piss of dictators - Putin is likely to extend Mikhail Khodorkovsky's jail sentence in perpetuity (WSJ)