TED Spread Update  | Wed Sep. 17, 2008 12:18 PM GMT  TED SPREAD
UPDATE....Our old friend the TED spread is a simple gauge of
financial market jitters. (More here.) You will therefore be
unsurprised to learn that, for the fourth time in the past year,
it's spiking. Even at high prices, nobody wants to make short-
term loans to banks. Can you blame them?