All you need to know about the stress test in one chart.

EmploymentStressJune2009.jpg (image)

7 in one day. Guess someone is working on the 4th.

Calculated Risk: Bank Failure #52, 7th Today, Founders Bank, Worth, Illinois
http://www.calculatedriskblog.com/2009/07/three-more-bank-failures-49-50-51.html
http://www.calculatedriskblog.com/2009/07/three-more-bank-failures-46-47-48.html

Rich Harvard, Poor Harvard: Vanity Fair | Vanity Fair

Rich Harvard, Poor Harvard: Vanity Fair Vanity Fair
Just think where Rubin and Summers are now :)

Is the Latvia intervention team assembling? | afoe | A Fistful of Euros | European Opinion

Is the Latvia intervention team assembling? afoe A Fistful of Euros European Opinion
Looks like something is going to go down in latvia sometime soon.

Consumer credit down a massive 33% in Spain - Credit Writedowns

Consumer credit down a massive 33% in Spain - Credit Writedowns
Spain continues its death spiral.

Table A-12. Alternative measures of labor underutilization

Table A-12. Alternative measures of labor underutilization
9.5% U3 and 16.8% U6
Strange that we only got a single bases point increase in U3. Unadjusted shows 9.7%. Still Looking for 10% before September.

No IOUs For California Pols, They're Still Getting Cash

No IOUs For California Pols, They're Still Getting Cash
Great so the politicans get paid and everyone else gets screwed.