The K-T Boundary: The best thing yet written on the future of investment banking. Read it.
Lehman v Argentina: It looks like Argentina has finally been overtaken as the Biggest Bond Default Ever.
Who Replaces AIG in the Dow? How about the Fed? Realistically, it has to be Google.
Barclays – Lehman Deal Marks Bottom of Credit Crunch Panic: "Lehman shares soared 9.00% on the news to $0.2276 per share and the rising tide of confidence that the assets in the opaque portfolios of financial firms are more of a Polonium-210-slow-and-painful kind of toxicity instead of the quick-and-violent lethality of sodium cyanide rallied firms like Washington Mutual (WM) up a whopping 19.50% to $2.39, its highest point in the preceding 10 minutes. The news also boosted the second derivative of AIG’s stock price."