Extra Credit, Tuesday Edition

Running Numbers: Surowiecki on how much the payrolls report can be trusted.

Citi and the Kitchen Sink Theory: "Banks cannot just arbitrarily decide how large they want their write-downs to be. But assigning values to mortgage-related securities these days is a notoriously inexact business, which leaves lots of room for discretion."

Gasoline prices: As prices rise, motorists drive less, and more slowly, and choose more fuel-efficient vehicles. But none of these effects are large.

To Blog or Not to Blog: Should prospective traders start blogging?

BofA’s awesome Countrywide tax break

Trading in Deal Stocks

Triggers Look at Banks, SEC Looks at Merrill Trading,

In Search of ‘Front-Running’: The WSJ’s insider-trading reports.

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