Economics and Investing:

Dormant accounts to fund ‘big society’ bank. (A hat tip to Chris P for the link.)

Norman A. mentioned: King World News interviewed John Williams of ShadowStats.

Anthony M. sent this item: Nearly half of North Carolina’s state-chartered banks ‘troubled’

Items from The Economatrix:

The Real US Unemployment Rate Could Be 25% Or More

US Consumer Confidence Slides To Lowest In A Year

The Geography of a Recession (Now updated through May, 2010)

Stocks Slump on Weak Revenue for Goldman, IBM

Home Construction Sinks to Lowest Level Since October

Desperate Retailers Push Christmas in Summertime