Economy:
The wealth of nations – Economist
Family Net Worth Drops to Level of Early ’90s, Fed Says – New York Times
Markets:
OPEC’s Pending Bloodbath – Forbes
Too Much Faith in Markets Denies Us the Good Life – Bloomberg
Bond Bubble Dismissed as Low Yields Echo Pimco’s New Normal – Bloomberg
Politics:
Germany, Not Greece, Should Exit the Euro – Bloomberg
Spain reaction: ‘This is a rescue for the rich. The poor will only get poorer’ – Telegraph
Euro zone agrees to lend Spain up to 100 billion euros – Reuters
U.S. debt load falling at fastest pace since 1950s – MarketWatch
Banks:
The Spanish Bank Bailout: A Complete Walk Thru From Deutsche Bank – Zero Hedge
Spain seeks $125 billion in EU aid for banks – CNN Money
Citi abandons plans for capital return – Financial Times