Worried about the general lack of worry with the markets?  We can fix that in just five charts [aka, hello darkness my old friend] – Bloomberg

The Deal Professor’s tutorial this week concerns the fate of Fannie and Freddie, who, after nearly a decade, are still around, still in a quasi-governmental limbo, and still a favored target of politicians of all stripes – NYTimes

The FHLB Boston’s $5.9 billion MBS case against Morgan Stanley, UBS, and Credit Suisse, is back in Massachusetts state court—a result of the Supreme Court’s Lightfoot v. Cendant Mortgage case that held that Fannie Mae’s charter doesn’t automatically confer federal jurisdiction to litigation in which it’s involved – Law360

The Journal cites recent investor moves backing off of their commercial property holdings as yet another sign of struggles to come in the commercial property market – WSJ

Breakingviews looks at why all the buzz around the Dodd-Frank rollback may be at least a bit overblown – NYTimes

Deutsche Bank’s head of investment banking is reportedly working on his auf wiedersehen plans – WSJ

A California irrigation district has asked a NY federal judge to certify its proposed class action against Barclays for allegedly manipulating US electricity prices in violation of US antitrust laws – Law360

Your Financial Industries Book Club pick-of-the-month is “Black Edge”—a modern-day “Den of Thieves” that makes an inside look at hedge funds read, at times, “like a thriller” – NYTimes

China’s lost $1 trillion in foreign reserves in the past three years.  Here’s how.  And why – NYTimes and WSJ

The endangered vegetable?  Don’t laugh.  It’s a real thing for many Europeans thanks to a spell of rough weather in Spain – WSJ