great read concerning the current financial fuckup we're in

one of the best explanations and visualizations of the credit crisis in simple terms. love it

My favorite part: "He called Standard & Poor’s and asked what would happen to default rates if real estate prices fell. The man at S&P couldn’t say; its model for home prices had no ability to accept a negative number."

a nice collection of links about the current financial crisis

i need to read this again to try and understand things even more