Extra Credit, Thursday Edition

The World’s Scariest Chart: US household debt to GDP.

Can’t Grasp Credit Crisis? Join the Club

How Apple Got Everything Right By Doing Everything Wrong

Casino stock returns in Q1: Not pretty.

Extraordinary adventures with the Fed: "Its own resources growing thin after a busy week, the Fed has according to unnamed sources submitted a proposal to the Bill and Melinda Gates Foundation to secure a line of credit to be used to bail out financial institutions. The Foundation has apparently assented to the request, contingent upon a signed guarantee that any institutions rescued with Foundation money will install Vista on all desktops and ban the use of Firefox and block all searches using Google." (The Grouse is on a roll: see also The rumbling in the market’s tummy.)

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