Barr and Tyson’s SAFE loan plan: unsafe at any speed Willem Buiter. “The Barr-Tyson proposal has absolutely nothing to recommend it. It will no doubt be very popular.”
WaMu Board Shields Executives’ Bonuses Wall Street Journal. This sort of behavior explains why the financial services industry is in the shape it’s in.
It’s not just housing any more Jim Hamilton, Econbrowser
A Wave of the Watch List, and Speech Disappears New York Times
Dismal science Gristmill
Petrodollar tsunami to hit euro and dollar Financial Times
Antidote du jour: