Here are seven (or so) links at 7AM Eastern.  Good luck out there today.

Markets

Ignore sharp market moves.  (Aleph Blog)

What hedge funds are up to these days.  (The Reformed Broker)

Facebook is targeting the Q2 of 2012 for an IPO.  (WSJ)

Europe

Some European countries are leaning on the banks to buy sovereign bonds.  (WSJ)

Collateral is draining from the global financial system.  (FT)

The Eurozone money supply is shrinking.  (Telegraph)

Finance

Judge Rakoff tells the SEC to get its act together.  (Dealbook, naked capitalism)

In the midst of the financial crisis Hank Paulson said what, to whom?!?  (Bloomberg)

Jon Corzine pushed MF Global into its fatal Euro bond trades.  (Bloomberg)

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