Links for Friday, December 7, 2007

less than 1 minute read

  • Newsweek: Subprimes: From Bad to Worse – “A flood of new data indicates that the subprime woes may be a symptom—rather than a cause—of a broader economic malady. That awful smell in Midtown Manhattan isn’t from the horse-drawn carriages carrying tourists around. It’s the distinctive odor of debt going bad.