Jon Stewart is able to articulate some of the things that are so exasperating about this whole situation and that the “real” media has been remiss on. Worth watching.

For geeks wondering about whether these systemic issues might be fixable, Toby Segaran and Jesper Andersen gave an interesting talk at ETech about developing a more robust credit rating system (it picks up in the last third where they start demoing what they’ve been doing). Check out Freerisk to see what they’re up to.