Does Driving Slower Save Gas? Truck and Barter
What the Troopergate Report Really Says Nathan Thornburgh, Time
Struggling Americans may get more food stamps Times Online
China’s CIC May Have $5.4 Billion Frozen in Money-Market Fund Bloomberg (hat tip reader Scott)
Wall Street Heads For Darker Days Henry Kaufman, New York Times, February 23, 1990. Plus ca change, plus c’est la meme chose.
IMF warns that markets could collapse by another 20% Times Online
After Weekend Financial Huddle, No Sign That Lenders Will Thaw Floyd Norris, New York Times. Norris goes to some length to be judicious, and on the spectrum of his usual commentary, this is strikingly downbeat.
LIBOR is in Backwardation and Significantly Divergent from Effective Fed Funds Jesse’s Cafe Americain
S&P 500 VS Nikkei 225 Spencer, Angry Bear
The Financial Crisis: Why Were Warnings Ignored? Richard Posner, Becker-Posner Blog (hat tip reader Dwight)
Antidote du jour (hat tip reader Megan):