Those #&%*#^@ derivatives! JPMorgan exec disregarded warnings on portfolio risk
MC in Florida suggested this Zero Hedge article: Japanese Pension Fund Switches to Gold for the First Time Ever
B.B. sent this: U.S. has Two to Five Years Before Financial Meltdown.
Items from The Economatrix:
Bank Runs Hit Greece. (Another news article quotes Greek President Karolos Papoulias: “[Greek Central Bank chairman] Provopoulos told me that of course there’s no panic but there’s great fear which can evolve into panic.”)
As Europe’s Economic Outlook Darkens, US Risks Grow
Oil Drops a Fourth Day on Rising U.S. Supplies, Greek Elections