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www.bis.org
A recommendation by LumpyMcPherson
LumpyMcPherson's recommendation
First to recommend
The website of the Bank of International Settlements, the bank of banks and the place Central Banks air all their dirty laundry about the amount of shit we're in, albeit buried in PDF balance sheets. Thrill to the site of a rising tide of Credit Default Swaps as they quintuple in value in the past five years to become the world's hottest derivatives asset class -- and the ticking time bomb that will be the downfall of the global financial system as we know it. (via BBC Newsnight)
Updated Sep 15, 2008
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