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Panic on Wall Street You've heard about the home-loan bust, but do you know your derivatives from your tranches? Read Salon's easy guide to understanding the current market freakout.
  • thanks andrew

    ... for a lucid primer to a horribly complex fiscal mess. It's tempting to point to this notoriously hands-off (except when it comes to anything involving iraq, or women's reproductive rights, or ...) administration as being responsible, but clearly we've been headed this way for a long, long time. What I'm more interested in is how this ties in to our whole sick culture. Health care administrators whose job it is to make sure you DON'T get the treatment you need. Credit card companies whose primary goal is to make sure you DON'T pay off your balance each month.

    What is the common denomenator here?

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