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Jul 9 2008 5:33PM EDT

Extra Credit, Wednesday Edition

Obama proposes bankruptcy changes; Elizabeth Warren comments favorably.

Old Ice and the Northwest Passage: It might be a while until the passage is safe for shipping.

Food Price Inflation: Explanation and Policy Implications: By the CFR's Karen Johnson.

A GM bankruptcy would be no easy fix: Lou Whiteman explains why my bright idea isn't actually so bright after all.

Moving Markets With Rumors: A Response: Andrew Ross Sorkin dips his toe into the waters of bylined blog entries; John Carney responds.

MainStreet.com's Editor Out; Focus Shifting: Expect Dave Kansas to leave FiLife.com too, soon. Starting a popular financial website is harder than it looks!

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