The commercial paper spreads (the panic measure) finally took over the September 11 of 2001 levels:

This level of panic is unprecedented and thus the consequences have to be unprecedented.

The outstanding asset-based commercial paper fell by another $10 billion.

I don’t have reliable data on Libor yet, but from the message boards 1-month Libor is down to 5.04% from 5.25%, which means the spread is as bad as it was the last 10 days, no better, no worse