Extra Credit, Monday Edition

A Pro-Foreclosure Bill: The problems with the Senate’s housing bill.

The euro’s rivalry of the dollar does not depend on tipping: Jeff Frankel on why the Fed should be worried.

Fooling Some of the People All of the Time: A Long Short Story: David Einhorn’s latest weapon in his short-selling campaign against Allied Capital? A book.

A RMB that isn’t appreciating cannot be killing you: RMBEUR is just as important as RMBUSD, for Chinese companies trading with Europe. And the yuan isn’t rising against the euro.

Just how much money do sovereign wealth funds have?: The Setser take.

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