The Fed upgrades its forecast for economic growth. [NY Times]
Matt Taibbi: Why Isn't Wall Street in Jail? [Rolling Stone | Hat Tip: ZeroHedge]
"Credibility Shaken, Hedge Funds Are Punished by Investors " (And potentially dogged by legislators.) [DeablBook via ProPublica]
Borders Books in Bankruptcy. [WSJ]
Felix Salmon on the impact of muni bank financing[Felix Salmon]
One professor's grim forecast for eurozone bondholder. [Bloomberg]
Bruce Berkowitz battles for control of St. Joe. [MarketWatch]
Advice to Lindsay Lohan from—who could guess?—Charlie Sheen. [NY Post]