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Noteworthy News – December 12, 2011

Economy:

U.S. Universities Feast on Federal Student Aid – Bloomberg

India Overstated Exports by $9 Billion - Bloomberg

Household Wealth in U.S. Falls for Second Straight Quarter – Bloomberg

Markets:

Why the Euro Isn’t Finished - New Yorker

Like it or not, the euro is doomed – CNNMoney

Post-euro currencies, charted – Financial Times

European CEOs Move Cash to Germany In Case of Euro Breakup - Bloomberg

Inflating Your Way To Prosperity – New York Times (Krugman)

The Wild West of Finance – New York Times

Politics:

EU Battles to Save Euro as Merkel Eyes ‘Step by Step’ Solution to Crisis – Bloomberg

Debit-Fee Cap Has Nasty Side Effect - Wall Street Journal

The lousy politics of the payroll tax cut – Christian Science Monitor

Banks:

BNP Rating Cut With SocGen, Credit Agricole by Moody’s Citing Fund Squeeze – Bloomberg

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Posted in Economics, Markets, Media, Politics.


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