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Found via Infovore's delicious – this is the new Corpus Clock at Corpus Christi College, Cambridge. Beautiful.
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"The proposal to create a government-financed agency to take the most toxic assets (such as subprime and Alt-A RMBS) off the balance sheets of the US banking system is not unexpected. The US Treasury is in fact already running a pilot scheme for this twenty-first century version of the RTC; it has been stepping up direct purchases of Fannie and Freddie mortgage bonds in the last couple of days. "
What's almost as interesting as the article are the comments – this being the FT, it's akin to the anti-YouTube in terms of grammar and coherence.
