I have been a Bad Blogger this week. (As opposed to my usual practice, which seems to be described as Blogging Badly.)
While I intend to continue the New Tradition (think of me as Waylon, without the speed), following are Snow Day Links:
D-Squared was on fire on Wednesday: both Bank Lending Channel and The Foundations of Mathematics and the Roots of Finance are essential.
For all those of you—looking straight at you, o six-footed one—who believe TARP was the right idea to save the economy, here’s another data point: “Overall bank lending in the US economy shrank 7.4% in 2009 — the sharpest drop since 1942.”
James Hamilton looks at Those Other Programs that support the banks without providing any funds to the rest of the economy (though I don’t think he put it that way).
With all the talk of Liquidity needs and Greek bonds, jck at Alea posts an essential chart.