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Lehman CDS Datapoint of the Day   The First Glimmers of Optimism
Oct 13 2008 12:26AM EDT

Extra Credit, Sunday Edition

Are the fiscal pockets deep enough to save the banks? Asks Willem Buiter.

Lehman: One Big Derivatives Mess

Pakistan, The Land That Financial Bad News Forgot: Part II: The flat-lining of the Karachi stock exchange.

Private sector loans, not Fannie or Freddie, triggered crisis

Prediction: On positive feedback to policymakers from the internet.

Whee: In which I try to explain to Ryan Avent that he should be really happy his 401(k) is down 39%.

The Financial Crisis, as Explained to My Fourteen-Year-Old Sister

Federal Reserve Skateboard: A Short Story: "He spun around just in time to see a golf-ball-sized lump of gold rapidly expanding in his vision. It struck him in the forehead, and he collapsed to the ground like a burlap sack full of scrapple. Congressman Ron Paul retrieved the gold nugget from the floor and returned it to his satchel. 'Try that,' he said, donning his sunglasses, 'with a fiat currency.'"

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