Quoted: The central lesson of this saga is clear. If you like the Bush economy, hire McCain. Over the next seven weeks, however, Americans who care about our economic future have to join Barack Obama in saying: enough.

« "One of the Wildest Chapters in the History of Lending and Borrowing"
The NYT goes chart crazy in -- "A series about the surge in consumer debt and the lenders who made it possible" -- looking at the economy, debt, housing, etc.

Quoted: PARIS (Reuters) - Other banks and the French taxman stand to make hundreds of million of dollars as Societe Generale boosts its capital with a deeply discounted rights issue after rogue trading and U.S.

Societe Generale on Monday launched a 5.5-billion-euro capital increase -- offering shares at a massive discount -- to cover losses it blames on rogue trader Jerome Kerviel who is to fight his detention in jail.

Börsstormen har gjort de senaste månaderna obekväma för fondsparare. Men i ett längre perspektiv ser det bättre ut. Bäst av alla Sverigebaserade fonder de senaste tio åren är HQ:s Rysslandsfond som rusat med över 700 procent.

Quoted: The rogue trader tells prosecutors about his motivations, modus operandi, and Societe Generale's security shortcomings.

Quoted: French bank Societe Generale described Sunday how one of its traders allegedly carried out a $7.2 billion (?4.9 billion) fraud, how the loss came to light and what it is doing to ensure such a case does not recur.

Quoted: To ensure economic stability, countries in South America, Asia, and and the Middle East peg their currency to the US dollar. As the dollar sinks to new lows, many countries are reconsidering their economic allegiance because it devalues and restricts their own currency, often resulting in inflation. Russia, Saudi Arabia and Venezuela have already taken steps to revalue their currencies. If enough governments decide to cut ties with the dollar, consequences could be serious: our currency would freefall.