Fearing the fallout

How a cascading chain of events and complacent officials exposed Japan to a man-made crisis

I’ve got your meltdown right here

So far, Japan’s nuclear power plants represent an amazing triumph of design robustness


Biz Fix: Housing starts are up! No wait…

In the money: America’s investment firms, are literally and finally in the money. Last week was the first week since the credit crunch hit the U.S. that they didn’t come running to the Fed for emergency overnight loans. Very impressive when you consider that at the credit crisis peak, they were borrowing as much as $38 billion a week. Could it mean the credit crisis is over? It’s certainly a good sign.