Sunday Afternoon Links

• Anat R. Admati gives some commentary over at Bloomberg
• Bruce Krasting discusses big problems at the FASB (Financial Accounting Standards Board)
• An informative article on some happenings over at the CFTC (Commodity Futures Trading Commission).  You may have problems accessing the entire article, if so just input (type) the title of the article "Budget Rift At CFTC Pulls Plug On Alarm" in a Google search.  Then you should be able to read the entire article for FREE.
• A really superb post by James Hamilton of Econbrowser blog on the more probable effects of the current chaos in Libya on oil prices.  Obviously no one knows what will happen, but these are some more likely scenarios.
• Another terrific post by Sarah Woo, over at Credit Slips blog. Recommended reading.
• Some commentary from Barry Ritholtz "The Big Picture" blog.  The original writing is by Bob Eisenbeis who is Chief Monetary Economist at Cumberland Advisors.  Mainly discussing Capital standards and capital rules for European banks, and how the European banks weasel around the capital rules with loopholes. 
• A terrific graphic showing a timeline for major events related to sovereign debt in the Eurozone for the year 2011.  Found at Barry Ritholtz blog
• The latest from a terrific journalist, Michael Hastings of The Rolling Stone magazine.  On some odd things being done by Generals in the U.S. Military (NO, not General McChrystal).  Highly Recommended reading
• Chinese government crackdown on "Jasmine Revolution" protests. More internet censorship (even more Chinese censorship than usual levels) and pressure on foreign journalists. From Los Angeles Times
• Humorous (and I believe humorous because what Yglesias is saying is so very true) post from Matt Yglesias on gender issues entitled "Men These Days" .
• This map is a little dated (maybe 3 or 4 days old), but it gives you some idea of what is going on in Libya.  I forgot the original site this was on, but I found it on a link at Andrew Sullivan's The Dish blog
• A terrific graphic showing CIA estimates on secret drone strikes on Pakistan.  From Barry Ritholtz blog
• Some changes being made in Jerusalem to modernize the city. Story from Batsheva Sobelman of Los Angeles Times
• Our Female Vision of The Day:  Salma Hayek.  From LIFE magazine. 25 pics in the Gallery, just scroll down slightly and click on the "next" button with the turquoise colored arrow after the jump.