Economy:
Special Report: Is America the sick man of the globe? – Reuters
The disposable academic: Why doing a PhD is often a waste of time – Economist
Is Going to an Elite College Worth the Cost? – New York Times
Payrolls Drop in 28 U.S. States, Joblessness Rises in 21 in Labor Setback – Bloomberg
The U.S. is the Most Overworked Developed Nation in the World – 20 Something Finance
Markets:
Moody’s slashes Ireland’s credit rating– CNN
US will lose AAA credit rating, says M&G’s Jim Leaviss – Telegraph
The Great Housing Reset Continues – The Atlantic
Will Mortgage Rate Rise Hurt Housing Market? – Wall Street Journal
Global stock market’s big 2010 surprises – Marketwatch
Politics:
Obama Signs $858 Billion Tax-Cut to Revive Economy – Bloomberg
Behold 2011, the year of sovereign shocks – Economist
Banks:
Anatomy of Mortgage Fraud, Part I: MERS’s Smoking Gun – Huffington Post
Anatomy of Mortgage Fraud, Part II: The Mother of All Frauds – Huffington Post
Anatomy of Mortgage Fraud, Part III: MERS’S Role in Facilitating the Mother of All Frauds – Huffington Post
Fed proposes rules to slash debit card ‘swipe’ fees – LA Times
Spain’s Banks Will Face More Pain in 2011 as Funding Costs Squeeze Revenue – Bloomberg
Finra Retooling Market Surveillance to Catch Abuses – Bloomberg
