Extra Credit, Thursday Edition

LIBOR Stress could = $730B in damage already

Chart of the Day: The Magic Hour: These crazy end-of-day swings are actually a new phenomenon.

A Simple Hedge Fund Outflow Model: Last in, first out?

Gold darn it: "When Crimnex opened for trading, it fell $50 in about 3 minutes. In 25 years watching gold trade, I don’t recall ever seeing such a drop in such a short time. It’s as if all traders move aside and a seller sold into thin air." What’s Crimnex?

Joe the Plumber’s Big Tax Bill: An extra $900, max. Related: Cowen.

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