Sources

Nicholas Thompson: What brought down the banks? Risky & opaque trades, or bad loans? The latter, Surowiecki argues. http://t.co/HT2njDnx

Abnormal Returns: Tuesday links: who’s your daddy?

Epicurean Dealmaker: The problem with this piece (and Admati/Hellwig) is that it does not address the *demand side* of credit markets. http://t.co/vPlFcjWM

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