From the team that previously brought you War on Terror, the board game, comes CRUNCH - the game for utter bankers.
Icelandic internet bank Icesave has closed its doors. The Icelandic government has told the UK chancellor that it cannot pay back the money of UK depositors. [more inside]
Paulson: Foreign Banks Can Use US Rescue Plan. Treasury Fact Sheet, "broader eligibility" if Paulson decides. Pressure builds at Morgan, Goldman. You Decide (kinda), probably no one listens.
This isn't 1998. There's no model for what's happening now in the housing and mortgage industries. 116 mortgage lenders have imploded since 2006. 11 hedge funds have imploded in just the last couple months. Time to warm up the helicopters?
US Navy Saftey Center Photos of the Week. Or: A Nearly Comprehensive But Not Entirely Inclusive Manual of Instruction On How to Qualify for a Darwin Award.