Economics and Investing:

Pierre M. sent this: Bank of America is Becoming a “Counterparty Risk” Like Bear and Lehman

Over at Fierce Finance: Banks downgraded, but is too-big-to-fail really over?

G.G. sent a link to a noteworthy news article dated September 19th that I had missed: Israel Has Dumped 46 Percent of Its U.S. Treasury Bills; Russia 95 Percent

Also from G.G.: Virginia regulators closed another bank, bringing the nationwide tally of bank failures to 72 for the year.

Items from The Economatrix:

Oil Falls Below $80 On Demand Concerns

Global Leaders Struggle to Calm Recession Fears

Signs of China Slowdown Add to Dim Global Outlook

Bernanke Triggers October Crash Early