Economy:
Roubini Says ‘Perfect Storm’ May Threaten Global Economy – Bloomberg
Japan Strongbox Sales Soar on Cash Demand – Bloomberg
When will incomes return to their 2006 level? – Reuters
Retire at 80? Boomers and Gen X May Be Stuck in Work Force – LiveScience
Fixing America’s Economy: Nine Ideas from Around the World – Bloomberg
Summers calls for new boost to economy – Reuters
Markets:
Greece falls to S&P’s lowest rated, default warned – Reuters
Bitcoin Goes Haywire – NPR
Facebook IPO Valuation Could Top $100 Billion: Sources – CNBC
Stocks Plunge Amid Fears That Global Economy Is Slowing – New York Times
Politics:
The Eurozone Heads for Break Up – EconoMonitor (Nouriel Roubini)
Inflation Destroys $58 Billion In Savings In The UK In Just One Year – Business Insider
Banks:
Government extends deadline for banks to comply with foreclosure review mandate – Washington Post
Big Banks Penalized for Performance in Mortgage Modification Program – New York Times