Panetta Sounds Alarm on Cyber-War Threat [1]: “It is the kind of capability that can basically take down a power grid, take down a water system, take down a transportation system, take down a financial system.”
Prosecutors seek criminal charges in London Whale fiasco [3].
Charles Hugh Smith: About That “No Recession” Call… [4]
Items from The Economatrix:
Roubini Foresees Spain’s Doomed Despite Bankia Nationalization [5]
The Horrific, Worst-case Scenario for Spain [6]