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Noteworthy News – October 24, 2011

Economy:

World power swings back to America - Telegraph

A long, steep drop for Americans’ standard of living - Christian Science Monitor

Payrolls Decline in 25 States , Led by North Carolina; Florida Tops Gains - Bloomberg

Fed’s Yellen: QE3 May Be Warranted – Bloomberg

Markets:

Maybe markets need more principles and less regulation - Reuters

Commodity traders: The trillion dollar club – Reuters

U.S. rating likely to be downgraded again: Merrill - Reuters

Politics:

EU Confronts Worsening Greek Data as Crisis Marathon Opens - Bloomberg

Fed Considers More Easing: What Are They Thinking? – CNBC

Rage against the machine: People are right to be angry. But it is also right to be worried about where populism could take politics – Economist

Banks:

BofA puts taxpayers on the hook for Merrill’s derivatives - Reuters

The Only Way to Save the Economy: Break Up the Giant, Insolvent Banks – The Big Picture

Dick Bove: Europe ‘Irrelevant’ to US Banks – CNBC


 

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