Recession 101 ↓

Michelle Leder is a badass.  She’s a seasoned business journalist blowing up people’s spots right and left.  An 8K here, a signing bonus there, a few ‘retention salaries’ and mergers later and you’ll feel like you’re in with the in-crowd on Wall Street and Bank Street.  If the Wall Street Journal, The Economist and the New York Times all collapsed, you’d feel like you were right in the mix if you kept tags on this lady and her blog.  Here’s to Michelle.  We love you man.  Woman.

http://www.footnoted.org/

Take out your pen and notebook because you’re about to get schooled.  You’ve heard of all the major terms: subprime, collateralized debt obligation, leverage, credit default swaps,  frozen credit markets, etc.  You probably understand bits and pieces of what made the bubble burst.  Here Jonathan Jarvis hooks us up with a very visual reflection of how this all happened:

http://www.crisisofcredit.com/