Morning Links…

  • The market hasn’t priced in a Spain doomsday scenario. (Zero Hedge)
  • Red flag: Facebook pays $1B for zero-earnings Instagram. (Reuters)
  • Taibbi: Why Obama’s JOBS act couldn’t suck worse. (Rolling Stone)
  • Chart: S&P 500 earnings running on empty. (Credit Writedowns)
  • Bernanke says banks need bigger capital buffer. (Reuters)
  • Best Buy CEO resigns, stock jumps. (WSJ Blog)
  • Will U.S. avoid recession in 2012? (Bloomberg)
  • Dodgers: Buying ‘toys’ w/ other people’s $. (Dealbook)
  • About these ads
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