Extra Credit, Tuesday Edition

A Crack in The System: Part 1, Part 2, and Part 3 of the Washington Post’s monster series on AIG Financial Products.

Did those people at AIG not understand anything about financial risk? AIG actually quantified its tail risk, yet took it on anyway.

Scenarios for 2009: Straight Lines, Moonshots, EKGs, etc: Kedrosky is provocative.

Travel time to major cities: Another gorgeous piece of information design. From here.

New York, New York: America’s Resilient City: Ed Glaeser looks on the bright side.

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