Economy:
U.S. Universities Feast on Federal Student Aid – Bloomberg
India Overstated Exports by $9 Billion – Bloomberg
Household Wealth in U.S. Falls for Second Straight Quarter – Bloomberg
Markets:
Why the Euro Isn’t Finished – New Yorker
Like it or not, the euro is doomed – CNNMoney
Post-euro currencies, charted – Financial Times
European CEOs Move Cash to Germany In Case of Euro Breakup – Bloomberg
Inflating Your Way To Prosperity – New York Times (Krugman)
The Wild West of Finance – New York Times
Politics:
EU Battles to Save Euro as Merkel Eyes ‘Step by Step’ Solution to Crisis – Bloomberg
Debit-Fee Cap Has Nasty Side Effect – Wall Street Journal
The lousy politics of the payroll tax cut – Christian Science Monitor
Banks:
BNP Rating Cut With SocGen, Credit Agricole by Moody’s Citing Fund Squeeze – Bloomberg