- Medics respond to emergency call at Tiger Woods’ home – The Globe and Mail (This thing is really out of control)
- Knesset passes biometric database bill – Israel News, Ynetnews (Big Brother will not let you escape.)
- Back to Business – Debt Raters Avoid Overhaul After Crisis – Series – NYTimes.com
- EconomPic: Deleveraging Consumer and Economic Growth
- Blame Bernanke | Dean Baker |Comment is free |guardian.co.uk
- Citi and Wells Seeking to Repay TARP Funds – DealBook Blog – NYTimes.com
- Scotiabank profit soars on investment banking
- NIB to close 25 branches and axe quarter of staff – Independent.ie (This will permanently reduce credit in the Irish countryside)
- Weak demand to blame for order decline in Germany – Independent.ie (lack of export demand to be specific)
- Australian record house sale | Angela Bennett mansion ("Perth mansion sold for Australian record of $57.5m." Seller is an iron-ore heiress and asking price was $70m.)
- BBC News – House prices up for fifth month in a row, says Halifax (Still not as bullish as Nationwide but pretty good nonetheless)
- BBC News – German industrial production slips back
- House Flipping Makes a Comeback – WSJ.com
- When Putin met Reagan – Iconic Photos
- FedEx raises fiscal 2nd-quarter forecast, shares rise| Reuters
- Pimco Hires Ex-Treasury Official Who Led Bailout – DealBook Blog – NYTimes.com
- FT.com – Tariffs can persuade Beijing to free the renminbi (protectionism as the answer is coming)
- FT Alphaville – Stacy-Marie Ishmael – Remember New Century? The SEC sure does
- After Brief Uptick, Obama Approval Slips to 47% – Gallup
- Kuwait sells Citi stake, makes $1.1 billion profit| Reuters (Is this a transfer of income from American taxpayers to Kuwait?)
Distraction of the Day: Huge surf in Hawaii – we’re talking up to 50 feet! Where’s Johnny Utah?