Those stupid bankers and their stupid stupidity: Dsquared on why blaming people is a little bit silly.
Now do something about the interbank market – directly: Willem Buiter on how central banks can bring down Libor.
Libor to Decline on Liquidity Programs, Gross Says: To 2.65% within "weeks".
U.S. Bank Plan Hits Snag in Rules: Treasury’s capital might not be Tier 1. But why isn’t Tier 2 good enough?
I sing the praises of financial innovation: And, in the comments, explain the problems with buy-and-hold investing.
Bernanke Is Fighting the Last War: Says Anna Schwarz, who actually remembers it.
Where is my swap line? And will the diffusion of financial power Balkanize the global response to a broadening crisis? Explaining the Fed’s unlimited swap line with Europe’s central banks. "If they didn’t have access to dollar financing, they would either have to borrow euros and buy dollars – pushing the dollar up (and hurting US exporters) or they would have to dump their US assets (hurting US banks holding similar assets)."