Canada rated world’s soundest bank system Reuters. You need to read the rankings. The US is behind Namibia.
FTC warns: Financial quagmire bringing out the scammers Network World
GE Capital scales back lending Financial Times
Über-rich count their losses in billions Times Online
Running Commentary On Derivative Beast Eating Everything In Next 24 Hrs Elaine Meinel Supkis. She is more than a bit eccentric, and today offers a good recap of articles around the world.
Does Morgan Stanley Need To Raise $30 Billion? Clusterstock
Moment of Truth Paul Krugman
Hedge Hemorrhage Will Lead to “Capitulation Crash” Pension Pulse
Does Income Concentration Cause Bubbles? Mark Thoma
Antidote du jour. You get two today for obvious reasons: