more about the financial crisis
Tomorrow looks like it is going to be an interesting day in the financial markets, because that's when the credit default swaps on Lehman Brothers are coming due.
Today, when I checked, the US Treasury Bond 3-month rate was 1.02, though it had been 0.11 last week, and the TED Spread was 2.97, though it had been 4.63 last week.
Here are some other links relating to the financial crisis.
YouTube video: The Financial Crisis explained. "Looks like we'd better have the talk. Sometimes when a market loves a security very much..." That's the best line of the video, the rest of the explanation isn't as good.
Metafilter has a list of blogs to follow the financial crisis.
claporte mentioned Henry Champ's blog.
Nassim Nicholas Taleb anticipated the crisis, and has had some interesting things to say about it, such as in this podcast (mp3).
Here is George Soros' website with interviews, speeches and articles (the articles page is the one most like a blog.) I recently read Soros' book The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It Means and was impressed by it. Maybe I'll write more about it later.
Today, when I checked, the US Treasury Bond 3-month rate was 1.02, though it had been 0.11 last week, and the TED Spread was 2.97, though it had been 4.63 last week.
Here are some other links relating to the financial crisis.
YouTube video: The Financial Crisis explained. "Looks like we'd better have the talk. Sometimes when a market loves a security very much..." That's the best line of the video, the rest of the explanation isn't as good.
Metafilter has a list of blogs to follow the financial crisis.
claporte mentioned Henry Champ's blog.
Nassim Nicholas Taleb anticipated the crisis, and has had some interesting things to say about it, such as in this podcast (mp3).
Here is George Soros' website with interviews, speeches and articles (the articles page is the one most like a blog.) I recently read Soros' book The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It Means and was impressed by it. Maybe I'll write more about it later.