MF Global: Proof that the U.S. government is not able or willing to protect investors. (Thanks to Jeff H. for the link.)
Karl Smith: The Euro-Crisis is Much Worse Than It Looks
Just as if they were cranking up the printing presses: Top central banks move to avoid global liquidity crunch.
Meanwhile, overseas: China cuts reserve ratio in move to inject cash. (Thanks to K.A.F. for the link.)
Harrisburg: a city at war with itself. (The first major U.S. city to declare bankruptcy. The first of many, I fear.)
Items from The Economatrix: