Reader B.D. sent this: Spain Will Have to Cede Most Control of Banks: WSJ
Terry in Idaho recommended: The Libor Scandal: History’s Largest Market Fraud? Did someone say $800 trillion?
The future of futures is uncertain: PFG Collapses Amid Fraud Allegations
B.B. sent this over at Noisy Room: Nations will be Nations: ‘Euro Zone Fragmenting Faster than EU can Act’
21% sales tax! Spain Deepens Austerity Under European Pressure. (Thanks to K.A.F. for the link.)
Also from B.B.: Austerity, American Style: Scranton City Employees’ Wages Reduced to $7.25 per Hour – This Is Your Future America
Items from The Economatrix:
LIBOR Scandal Latest Sign Of Financial System’s Rotten Core
Why Gold And Treasuries Are Losing Safe-Haven Status