Fallen Hedge Funder Forced to Sell Collection of “Museum-Grade” Mole Hair Teddy Bears

Ireland downgraded again: European sovereign spreads widen. (CNBC.com)

NN_morning_call_200.jpg

Dollar index at nine month low.(Bloomberg)

Central banks around the world review their options amid weak recovery. (Wall Street Journal)

Soros warns of European “deflation spiral”; blames the Germans (CNBC.com)

Mortgage rates drop; number of application rises (CNBC.com)

Foreclosure suspensions draw the scrutiny of lawmakers (Financial Times)

IMF ponders the global consequences of QE: (Reuters)

As global fears of terrorism rise, NYPD cuts anti-terrorism patrols — budget woes to blame (New York Post)

Fallen hedge funder forced to sell collection of “museum-grade” mole hair teddy bears.(New York Times) (Yes, the world has gone mad.)