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Elizabeth Warren: ‘I Created Occupy Wall Street’ - The Daily Beast The Harvard professor has spooked the right. As she begins her high-profile Senate campaign against GOP star Scott Brown in Massachusetts, the consumer…

Global stocks and risk sensitive currencies are up significantly after the 14th emergency summit. Outcome satisfied downbeat expectations, details remain short; price action reflects positioning. BoJ left rates on hold but expanded asset…

Google: US law enforcement tried to get videos removed from YouTube | Technology | guardian.co.uk The technology giant's biannual transparency report reveals a 70% rise in takedown requests from US government or police.…

Dollar largely softer vs. majors as markets await outcome of the European summit today. Signs point to a “bare minimum” response from European policy-makers; euro upside seems limited. EM currencies mixed; TRY outperforming on apparent…

Obama’s pathetic refinancing initiative | Felix Salmon the sad fact is that anything more substantive than this is likely to require Congressional approval, and therefore be a political non-starter between now and November…

European stocks edge to a two-month high ahead of tomorrow’s summit; USD mostly softer ahead of open. There is still room for the EZ policy makers to disappoint tomorrow; S&P 500 approaching 200dma. BoC likely to remain on hold but…

Banks raise Greek haircut offer to 40 percent in talks: source | Reuters Bankers have offered to stretch the voluntary haircut on Greek debt to 40 percent, while politicians demand the private sector agree to writedowns of…

Euro zone summit ends with no line drawn in the sand; European PMI surprises to the downside. Markets look for euro zone to present comprehensive three-pong approach to finalize crisis this week. US Q3 GDP expected at 2.5%’; Private sector…

The single currency is close to collapse - Telegraph With Europe on the brink of a disaster, the euro must be reconstituted as an entity based on economic reality, not ideological folly. tags: sovereign debt crisis…

Is Bank of America preparing for a Chapter 11? | Reuters To my earlier post regarding the need for a restructuring at BAC, “Housing, debt ceilings & zombie banks,” the move to put the derivatives…