Economics and Investing:

EMB sent us this: Bank for International Settlements: Brace for Impact

Items from The Economatrix:

Markets Could Be Derailed Again, Warns Soros

New Jobless Claims Unexpectedly Rise By 24,000

Bernanke: US Unemployment Likely to Remain High During “Recovery”

Going For Broke In L.A.?

SEC Accuses Goldman Sachs of Defrauding Investors

Stocks Tumble as Goldman Charged with Civil Fraud

Impact of Volcanic Ash Surfacing for US Businesses

The Latest Friday Follies: Regulators Shutter 5 Banks; Total for 2010 Now 47

Housing Construction Points to Market Recovery