In Defense of the rating agencies. David Merkel of the Aleph Blog is a smart man, his occasional demand for a gold backed currency aside.
The Goldman Scandal. Good summary by surowiecki of the New Yorker.
Michael Lewis: Bond Market Will Never Be the Same After Goldman. Bloomberg.
The Epicurean Dealmaker rejoices in the damage to Goldman's reputation, regardless of the merits of the case.
The impact of public guarantees on bank risk taking: Evidence from a natural experiment. VoxEU.