Elsewhere on Friday,
- “The US and advanced economies’ financial system is now headed towards a near-term systemic financial meltdown…”
- Why the ECB can’t fix Europe.
- What G7/G8 leaders can do.
- “Believe it or not, it is cheaper to insure the debt than pick up the pieces (in this environment) of losses on the credit default swaps.”
- Sad guys on trading floors.
- I want my $26 trillion back.
- Dow drop, some technical analysis.
- “The credit crisis is providing a rare chance for investors with sufficient cash to get into previously inaccessible hedge funds.”
- When to get out of cash?
- Hedge fund liquidation in pictures.
- Lehman’s bounty - for lawyers.