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Economics and Investing:

Those pesky derivatives [1], again: IMF advisor says we face a Worldwide Banking Meltdown [2]. (In this case, it is credit default swaps.)

J.B.G. was the first of several readers to mention this sign of the times: Thieves steal from community garden [3]

KAF sent this: Moody’s Cuts Rating on 12 UK Financial Institutions [4]

G.G. sent this: Regulators Close Two More Banks, bringing the nationwide tally of bank failures up to 76 for the year [5].

Also from G.G.: CBO estimates $1.3 trillion deficit for 2011 [6]

Keely spotted this new item: Bold thieves steal bridge in North Beaver, Pennsylvania [7].

Nestle Chief Warns of Food Riots [8]. (Thanks to Chris G. for the link.)