Links vom 04.08.2008

"The surprise of recent months is not that global economic growth is slowing, but that there is any growth at all. ....

This crisis is different – a once or twice a century event deeply rooted in fears of insolvency of major financial institutions." (Alan Greenspan)

FT: Repel the calls to contain competitive markets by Alan Greenspan

FT: Cost of a wrong turn: The Big Freeze part 2 – the future of banking By John Gapper
WSJ: Dancing the Freakout: Was Jim Cramer Right? by Heidi N. Moore
Year of Lending Dangerously by naked capitalism