Will the rescue plan work and how much will it cost?  (NYTimes.com)

Economists back the rescue plan.  No they don’t.  (Real Time Economics, naked capitalism)

Should there be conditions on those firms that avail themselves of the “Splurge”?  (A VC)

The consequences of the short-selling ban are far-ranging and univerally hated.  (WSJ.com, MarketBeat, Epicurean Dealmaker)

“Until the government makes any decisions that would ease the short-selling ban, the options market will be a tough place for all but the most sophisticated investors to navigate.”  (Barrons.com)

The convertible bond market is closed until further notice.  (Market Movers)

Transparency should be a part of any government-led mortgage securities buyback plan.  (Floyd Norris, Interfluidity)

Bring back the Resolution Trust Corporation, for real.  Don’t do deals with solvent institutions.”  (Aleph Blog)

Nothing proposed last week is a “done deal.” (Dash of Insight)

Whereas value has emerged in the ABS and non-agency MBS market.  (Alea)

“(W)e’re witnessing the creation of a new bulge bracket, composed mostly of vast commercial banks swallowing proud Wall Street names, with Morgan Stanley (MS) and Goldman Sachs (GS), for now, the remaining exceptions as independents.”  (Barrons.com)

How Lehman Bros. and Merrill Lynch (MER) ended up in two very different places.  (NYTimes.com)

Is being publicly traded the optimal strategy for investment banks?  (Market Movers)

Times are tough, once again, for John Meriwether and his hedge fund.  (WSJ.com also NakedShorts)

What hasn’t changed in investing?  In short, a great deal.  (Bill Rempel)

Moving average crossover systems don’t meaningfully increase returns.  (MarketSci Blog)

Price alone is not sufficient as a basis for trading decisions: you have to know whether markets are gaining or losing participation as prices move to new highs or lows.”  (TraderFeed)

Global macro hedge funds are going to be beneficiaries of the new investment environment.  (Howard Lindzon)

According to one model we didn’t even get close to panic territory last week.  (Condor Options)

“Today, it is clear that the U.S. financial sector needs to shrink.”  (EconLog)

Is it time to “save capitalism from the capitalists“?  (Luigi Zingales)

Capitalism will survive, but not for lack of trying to commit suicide.  (BeckerPosner)

Robert Shiller on why we need “continuous-workout mortgages” and how they could have helped mitigate the curret crisis.  (NYTimes.com)

Are you curious what other bloggers are saying about Abnormal Returns? So are we. Feel free to check out a compilation of reviews.

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Please see disclosures here.

Please see the Terms & Conditions page for a full disclaimer.