Rhonda T. suggested a New York Times slideshow on Stockton, California’s bankruptcy [1].
Steven M. sent: Subterranean Swiss Hotel Sells for Shocking Price [2]. “In what may be the deal of the century, a lucky buyer paid just $1,020 at auction for a luxury underground hotel in Switzerland worth an estimated $3.8 million. However, keep in mind, it IS a former artillery bunker.”
G.G. sent this: Regulators close five small banks in Georgia, Florida, Kansas, Illinois for total of 38 US failures in 2012 [3]
Items from The Economatrix:
One-On-One With Craig Roberts #2: Libor Fraud Now Part Of The System [4]
S&P 500 Nears “Ultimate” Death Cross [5]