Major jet lag attack….a face plant is in order.
BP Defines Deviancy Down Columbia Journalism Review
Anatomy of Lehman’s Failure, and the Importance of Liquidity Requirements Economics of Contempt (hat tip Richard Smith and Don B)
Lunch with the FT: Alan Greenspan Alan Beattie. The former Maestro’s defense is that he was only 30% wrong and that the crisis was a very rare event.
Sites Feed Personal Details To New Tracking Industry Wall Street Journal
Trucking Industry Says Economy Is Slowing Clusterstock
The Aftermath of the Global Housing Bubble Chokes the World Banking System. Only a Coordinated Loan Massacre Could Defeat a Japanese-Style Dead-and-Dying-of-Debt Kamikaze. Hell Approaches Us All, But Only For An Extended Period. Michael David White (hat tip Frank A). Despite unwieldy title, this is an instructive piece.
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