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Further Reading

Elsewhere on Wednesday,

- Wall Streeters, know your rights.

- GM: What this situation calls for is a good stoning.

- All US bail-out ideas are united by one constant: lack of detail.

- Yes, fund managers really do underperform.

- The world is on the brink of a synthetic CDO cataclysm that could actually save the global banking system.

- Roubini’s view on the deflating mortgage and housing bubble.

- Liveblogging the Senate bailout hearing for automakers.

- How the changing nature of leverage has altered the bond market.

- It is inconceivable that the entire Barclays’ board will be sacked, but the judgement of executives and non-executives has been called into question.

- Double bottom blues.

- The 11 blunders of Hank Paulson.

- The clock is now formally ticking on the future of Babcock & Brown.

- How even the best, most experienced, and highly regarded long-term investors can get suckered into new-era thinking and make investments that turn out to be highly risky bets.