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Extra Credit Wednesday Edition

Market Movers

by Felix Salmon
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Aug 13 2008 10:10am EDT

Extra Credit, Wednesday Edition

Statistics, damned statistics and value added: John Kay on the uselessness of many official statistics.

Insolvent versus profoundly insolvent – Fannie Mae Part II: "If the shortfall at Fannie is more than 78 billion then Fannie is 'profoundly insolvent'. It is so insolvent it is not worth saving."

Before the Gunfire, Cyberattacks

About That Basketball Audience of a Billion: "Numbers from the U.S. and China — which combined have about one in four of the world’s population and most of those people who cared about the game — suggest just 100 million people tuned in."

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