Another Monday, another round of news, plus a deeper look at the Crisis from Simon Johnson's crew at Baseline Scenario. (Hat tip of the day goes to @saalon.)
From Baseline Scenario: What's causing the crisis? (Part 1, part 2)
From the New York Times: Omens of a long recession/ Where were the credit ratings agencies?
From the Financial Times: Company crashes set to hit record next year?
From the Wall Street Journal: Economic-stimulus hopes rally indexes in Asia.
From the LA Times: College application plans change as family budgets shrink/ Debt-laden Tribune Company explores possible bankruptcy filing.
From the Chicago Tribune: Plant sit-in reaches fourth day.







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