Gordon Brown Steps Up To the Plate

The major Western nations are on the verge of adopting a strategy to deal with the financial crisis pioneered by Gordon Brown earlier this week.  The FT has an interesting piece today that reflects on what this means for the previously struggling British Prime Minister.

As he has over the last few weeks Joe Nocera does a great job putting these extraordinary events in perspective.  And yet another story warns of the possible devasting impact of credit default swaps, a subject that needs immediate attention from Washington's policymakers.