Extra Credit, Saturday Edition

Hedge funds gain access to $200bn Fed aid: If they buy securitized consumer loans.

I want to be a cockroach: Why many companies may be doomed.

How Long Has This Been Going On? "It’s simply amazing how much of what now seems obviously a ‘red flag’ about Madoff’s operation was known for decades."

The Three Faces of Bernie: "Representatives of certain Palm Beach country clubs, New York synagogues, and Jewish charities might be forgiven if they view old Bernie as the Jewish Neutron Bomb: a device which vaporizes its victims’ liquid wealth while leaving them, their creditors, and their rapidly depreciating real estate intact."

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