1. The draft of the Treasury plan is out. Krugman reacts
2. Mankiw points to capital flight from US. He also points to Rob Shimer’s views on the crisis and bailout
3. TTR points despite all this Lehman mess, their employees still get a bonus. This is simply crazy.
4. Rodrik on AIG
5. PSD Blog on subprime lessons for emerging economies
6. Econbrowser has a primer on Ted spreads. It also updates the recent GDP trends