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Worth Reading

"My personal credit crisis" - a New York Times economics reporter on how he got caught up in the subprime mess.

Second quarter GDP on track to drop 1.3% - not great, but certainly better than Q1's 6.1% contraction.

Did biz press provide fair warning of the crisis? - Columbia Journalism Review's Dean Starkman doesn't think so.

How the credit card industry uses data-driven psychology to track cardholders.

A Krugman Flip-Flop? - Bentley University's Scott Sumner points out discrepancies in the NYT columnist's views over the last decade.

--Zubin Jelveh