I read once that financial bloggers are the conscience of Wall Street. This morning’s scan reinforces that notion. Even if you don’t read what I have to say, make sure you click some of the links on the site at least occasionally. From drastic drops in muni bonds (The Big Picture), a strongly worded statement about the inadequacy of Basel III in the Financial Times (signed by every major finance academic), to CDO contagion (Alea), to the Volcker rule (E of C), the junkie in me just cannot get enough. You will get a perspective that is not to be found in textbooks. Thanks guys.