Oceans are ‘too noisy’ for whales BBC
India’s use of brain scans in courts dismays critics International Herald Tribune
Lehman’s Bankruptcy Petition Credit Slips
Jobs cull begins in London and New York as Lehman Brothers goes to the wall The Guardian
Who’s next after Lehman Brothers is fed to the wolves? Ambrose Evan-Pritchard, Telegraph. We know the answer already, but some interesting observations.
On Wall St. as on Main St., a Problem of Denial Joe Nocera, New York Times
After 73 years: the last gasp of the broker-dealer John Gapper, Financial Times
AIG Has Financials Staring into the Abyss Paul Jackson, Housing Wire
Back to the Real Side of the Economy: Recession Watch Menzie Chinn, Econbrowser
Antidote du jour:







Evan-Pritchard: As the bankruptcies mount, the state will have an obligation to step in to preserve social stability. If that means the temporary nationalisation of large chunks of the Western economy, so be it.
What a profoundly evil rat.