Extra Credit, Thursday Edition

Rescuing our jobs and savings: What G7/8 leaders can do to solve the global credit crisis: An all-star cast of authors with very timely advice. Probably never before in a financial crisis has so much first-rate advice been available so quickly to policymakers. This is a good thing, especially when they’re all pretty much in agreement. (See also William Isaac’s take.)

How authorization to recapitalize banks via public capital injections (“partial nationalization”) was introduced – indirectly through the back door – into the TARP legislation: Roubini takes partial credit.

$700 Billion and What it Can Buy: In terms of bank stocks.

National Debt Clock runs out of digits

Gambling on price of art to become a reality: Mei-Moses on InTrade.

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