The worst year for job losses since 1945.  (WSJ.com)

Robert Rubin’s not-so “free ride” is over, as Citigroup (C) begins the great dismantling. (WSJ.com, Slate.com, Market Movers, USNews.com, naked capitalism, Curious Capitalist, Big Picture)

Is 2009 the “Year of the Hedge Funds“?  (Dealbreaker)

“In tomorrow’s world all research will be independent.”  (Information Arbitrage)

The three schools of investing.  (NYTimes.com)

When investments turn into trades.  (MarketBeat)

The gold miner/gold bullion ratio is at or near a historic low.  (World Beta)

What is a government bond investor to do?  (Economist.com also Accrued Interest)

The short-sale ban was a failure. (Infectious Greed)

“The prevailing orthodoxy among the nation’s elite holds that increased government spending is the right medicine for what ails the economy.”  (NYTimes.com)

“If only everyone could agree on what the goals are, then maybe we could figure out whether TARP is working or not.”  (Baseline Scenario)

“So the three prongs of the stimulus package serve distinctly different purposes.”(BusinessWeek.com)

Another positive review for Janet Tavakoli’s “Dear Mr. Buffett.”  (Aleph Blog)

Are you curious what other bloggers are saying about Abnormal Returns? So are we. Feel free to check out a compilation of reviews.