Why the Fukushima Reactors Will Never Be Like Chernobyl

Here is an in-depth article from a nuclear scientist on why the Fukushima reactors will never fail like the ones at Chernobyl.

Daily Financial Crisis Recap 19.10.08

A new article in the NYT’s series The Reckoning is up. It’s Henry Cisneros’ story about how things started to go wrong in the housing market during the Clinton years.

The FBI has trouble finding enough agents to investigate financial fraud.

Does Goldman Sachs wield too much influence at the govt? Paulson has hired a lot of former GS bankers since he himself is one.

Friedman gives some clues on what exactly happened in Iceland.