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Economics and Investing:

U.S. Bank Test Results Delayed as Conclusions Debated [1]. Gee, do you think they’d be delaying the reporting if the results had been good?

Kevin A. suggested a recent piece on banking opacity, from Jim Quinn [2].

Items from The Economatrix:

Martin Weiss: A Depression is Unavoidable [3]

Consumer Spending Dips [4]

Trucking Bankruptcies Continue [5]

Obama Blasts Hedge Funds as Chrysler Heads into Bankruptcy [6]

Gold Falls Under Very Large Sell Orders [7]

US Still in Deep Recession [8]

Ford Reports 32% Decline in April

“Torture” of Mortgage-Bond Owners Carries Risk [9]

Chevron Has Lowest Profit in Five Years [10]

Hartford Financial Drops After Posting Loss, Cutting Forecast [11]

Continental Airlines First US Carrier to Shrink Flying Due to Swine Flu [12]

Dollar Libor Drops to Within Basis Point of 1 Percent