1. Krugman analyses the need for European coordination
2. WSJ Blog points ECB trying to start bank lending
3. Mankiw points to a cartoon on financial engineering
4. CTB points trade is falling
5. Econbrowser pointsto a new paper from John Taylor who criticises Fed for the crisis
6. ASB on financial fraud. MR has some points as well
7. JRV on financial limitations
8. ACB points to 2 Krugman secrets
