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Scoping | 06.22.09

U.S. seeks delay on calculating Madoff restitution – Sentencing will not be delayed. Whew! We’re not sure if we can wait much longer for victims’ statements [Reuters via DealBook]

Sorry America, We Still Have No Clue What To Do About ‘Too Big To Fail’
– Newspeak phrase of the day: “Tier 1 Financial Holding Companies” [Clusterstock]

All together now: ‘F is for failure’
– Hey, it’s all around. Somebody’s got to talk about it. [FT Alphaville]

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