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Economics and Investing:

Dormant accounts to fund ‘big society’ bank [1]. (A hat tip to Chris P for the link.)

Norman A. mentioned: King World News interviewed John Williams of ShadowStats [2].

Anthony M. sent this item: Nearly half of North Carolina’s state-chartered banks ‘troubled’ [3]

Items from The Economatrix:

The Real US Unemployment Rate Could Be 25% Or More [4]

US Consumer Confidence Slides To Lowest In A Year [5]

The Geography of a Recession [6] (Now updated through May, 2010)

Stocks Slump on Weak Revenue for Goldman, IBM [7]

Home Construction Sinks to Lowest Level Since October [8]

Desperate Retailers Push Christmas in Summertime [9]