Sunday Readings

• Must read: Algorithmic programs that will be eliminated (SMB)
• Must read: The Bush doctrine, economic warfare and your investment portfolio (FSU, hat tip Wickern)
• Airbus could cope with 1,000 order cancellations [consider yourself warned] (Bloomberg)
• Real housewife of OC saves Coto home from foreclosure, thanks Zachary Scoggins and Art Moore of Washington Mutual [foreclosures for the retard class do not apply with JPM] (OC Register hat tip Ian)
• Contours of Crisis III: Systemic fear and forward-looking finance (Bichler & Nitzan, hat tip Leo Kolivakis)
• Where are we now? Five point summary (Baseline Scenario)
• Muscle car shoot out: Camaro, Challenger, Mustang (Big Picture)
• Technical - CreditRisk+ by Fast Fourier Transform (SSRN)
• Liberty Dollar's Von NotHaus indicted for conspiracy to promote Dollar alternatives (Numismaster, hat tip Karen)
• Michael Moore's "Save Our CEOs" teaser (You Tube, hat tip Michael)
• Sunday humor: Dick Bove raises target on BAC to $19 (hat tip Doug Kass)
• Chartology via GS: note the forward P/E and the hillarious 3 month sentiment revision. The sell side herd has completely rolled over.

Hopefully anger management is not made in the People's Republic of China... can't wait for the buckwild sequel

[youtube=http://www.youtube.com/watch?v=H5Jc3A3ZNEc&hl=en&fs=1&]

Sincere thanks for the generous donations by Marc and Steve.