Early links (New York), Sept. 1

September 1, 2009

So much for Depression 2.0 (Allen Meltzer, Wall Street Journal)

Yes, but……How the global downturn is diverging from the experience of the Great Depression. Barry Eichengreen and Kevin H. O’Rourke update their earlier columns. (Vox EU)

The Federal Reserve wins a stay of a judge’s order that it disclose details about the $2 trillion in emergency loans it made during the financial crisis. James Kwak finds the Fed’s arguments weak. (Baseline Scenario)

Washington isn’t the problem; Wall Street’s refusal to change is. (David Weidner)

“The least informative deal announcement ever.” (Floyd Norris)

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