Extra Credit, Wednesday Edition

Securities lending starting to dry up a little? Worries about counterparty risk are infecting the repo markets.

Brown unveils mortgage help plan: The UK plan to prevent foreclosures: deferred mortgage interest, no reduction in principal.

When Reactionary Goldbug Austrian Plumber-Economists Attack!!

Gordon, Darling: A sign in a Reykjavik shop window. (Background here.)

And finally, wakeboarding in Piazza San Marco.

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