Spencer Jakab of the Financial Times offers the blog post "California and Kazakhstan - just who is the underdog?" (peekURL.com/zyurdj8). Referring to a letter that California treasurer Bill Lockyer sent to Goldman Sachs complaining about them marketing default swaps that "wrongly brand our bonds as a greater risk than those issued by such nations as Kazakhstan", Spencer Jakob says: ...Californians may derive their hazy image of Kazakhstan from Borat, Sacha Baron Cohen's satirical take on a country where he claims the main forms of entertainment include the "running of the Jew". The real...