Here's my top 10 links from around the Internet at 10am. I welcome your suggestions in the comments section below. When will it ever stop? Now the US government is going to bail out insurers, the Wall St Journal reports. Moody's have downgraded Warren Buffett's Berkshire Hathaway by two notches from AAA to AA+, Bloomberg reports. Ben Bernanke has run out of ammunition, says Mike Shedlock at Mish's Global economic trend analysis. Fred Bergsten says the United States and China should work together to build a new global reserve currency. His comment's in the FT.com The US economy was so bad the Fed decided at its March meeting to print US$1.2 trillion, Marketwatch reports. The real US unemployment is actually around 16% and rising very fast, the always excellent Salman Khan says in this brilliant 'screen capture' educational video on Youtube about US unemployment statistics. Brian Fallow at the NZHerald reports on fresh research from Stanford Professor Frank Wolak for the Commerce Commission showing the big electricity generators (and retailers) are price fixing. Useful reading no doubt for Reserve Bank Governor Alan Bollard and frustrated consumers. S&P has downgraded the entire US mortgage insurance sector, FTAlphaville reports. Those downgraded include Genworth and PMI, who operate in New Zealand. Nicholas Taleb has 10 principles for operating in a Black Swan world. Great read at FT.com. Nouriel Roubini says Jim Cramer is a buffoon and a liar, here at AP.
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