naked capitalism: Moody’s Forecasts Global Junk Bond Default to Increase 5x By Year End 2008 Moody’s Forecasts Global Junk Bond Default to Increase 5x By Year End 2008

naked capitalism: Japan: Fundamentals Warrant Oil Only at $60 a Barrel Japan: Fundamentals Warrant Oil Only at $60 a Barrel

Buffett to hedge fund managers: your customers would do better… (kottke.org) Buffett to hedge fund managers: your customers would do better investing in a no-load index fund. To prove his point, Buffett has bet $1 million to that effect on Long Bets.

Alea | Financial Guarantors in the Financial System Financial Guarantors in the Financial System Another picture of the day, from the ECB

Alea | The Chronology and Links of Propagation of the Sub-Prime Shock across Structured Finance Markets The Chronology and Links of Propagation of the Sub-Prime Shock across Structured Finance Markets

Unsafe at Any Speed: BCE and the Peoples’ Corporate Law - FP Comment Unsafe at Any Speed: BCE and the Peoples’ Corporate Law

naked capitalism: Like It or Not, the Credit Default Swaps Market is Too Big to Fail Like It or Not, the Credit Default Swaps Market is Too Big to Fail

Bank Lawyer’s Blog: Remote Deposit Capture: Is Fraud Risk Remote? Remote Deposit Capture: Is Fraud Risk Remote?