Politics:
US lawmakers seek to unify financial reforms – Financial Times
Volcker presses on risky trading – Financial Times
Economy:
Retail Sales Fall, Deflating Some Optimism– New York Times
Fed Says Economy Grew in 12 Regions, Though ‘Modest’ – Bloomberg
Markets:
GLOBAL MARKETS: European Stocks Post Modest Gains; Banks Rise – Wall Street Journal
Credit Markets Treat BP As If It Were Rated Junk – Wall Street Journal
Banks:
Banks Face Short-Sale Fraud as Home ‘Flopping’ Rises – Bloomberg
US banks set to lose swaps fight – Financial Times
Europe’s Banks Face Second Funding Squeeze on Sovereign Crisis – Bloomberg
