Politics:
Obama housing plan seeks to reduce mortgage debt – Reuters
Half of U.S. Home Loan Modifications Default Again - Bloomberg
Greek bond issue will test rescue package – Financial Times
Economics:
Bernanke Says Economy Needs ‘Accommodative’ Policies – BusinessWeek
Fed’s Bullard: Economy, Jobs Improving; Banks Still Stressed – Wall Street Journal
Fox News Poll: 79% Say U.S. Economy Could Collapse – Fox News
Money DOES buy you happiness… if your friends have less of it - MailOnline
Markets:
Dow eyes 11,000 as jobs data looms – Reuters
Dollar Heads for Biggest Quarterly Gain Versus Euro Since 2008 - Bloomberg
JPMorgan, Lehman, UBS Named in Bid-Rigging Conspiracy – Bloomberg
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Related posts:
Bankers Behaving Badly – Cheating public entities out of interest payments sounds like a juicy story.
“If the government is saying they are co-conspirators, the government believes they have sufficient evidence that they can show they were part of the conspiracy,” said Richard Donovan, a partner at New York-based law firm Kelley Drye & Warren LLP and co-chair of its antitrust practice. Donovan isn’t involved in the case.
That’s what I like about lawyers – they have such an impressive understanding of language.