October 5, 2008
With Germany and Ireland now having more or less made explicit 100% guarantees for all deposits, many people are wondering who's next in the face of the current credit crisis. Will it be the U.S., which only has about 64%...
Nice, useful figure from The Deal on how modern finance worked to create the subprime mess, or at least how it worked up until there stop being a functioning capital market. More here....
Here is a sneak peek at some links from my weekly Weekend Reading column over at TheStreet.com. Settlement day approaches for Fannie/Freddie credit default swaps on Monday (FT) The hottest banks for PE are those that offer vanilla checking, CD,...
While Time magazine has a somewhat over-the-top cover on the current issue, the underlying article by economist Niall Ferguson is worth reading, even if a little heavy on history and light on prescriptions. What's more, this is no longer...
The Economist magazine has the cover of the week on the credit crisis:...