1. MR points WAMU is the biggest banking collapse in history. It has a superb post on interest rate swaps
2. WSJ Blog says distressed assets are likely to be more that the TARP plan
3. Mankiw defends Paulson plan. Cowen on Mankiw’s views
4. Macroblog says is is a problem of mainstreet as well.
5. Rodrik points to some suggestions for managing the TARP
6. JRV on India vulnerability to the crisis.
7. IDB points to a paper on communication in microfin.
8. ACB onfuture books on current crisis
