Politics:
EU Crafts a $962 Billion Show of Force to Bolster Euro, Halt Global Crisis – Bloomberg
How Does Your Income Stack Up To U.S. Government Salaries? – Kiplinger
Our view on the world economy: Greek debt crisis offers preview of what awaits U.S.– USA Today
E.U. Weighs Measures to Reassure Markets – New York Times
American Oligarchy: Don’t expect real reform from the Wall Street Democrats – Weekly Standard
Policy Makers Seek to Calm Sliding Markets – New York Times
EU Preps Euro Fund to Fight ‘Wolfpack,’ Debt Crisis – Bloomberg
SEC Said to Consider New Rules as Market Drop Probed – Bloomberg
Economy:
Can the U.S. Avoid European Contagion? – Weekly Standard
US economy adds 290,000 jobs in April as recovery gains traction – Christian Science Monitor
Dodd: Wall St. Detached From “Real Economy” – CBS Face the Nation
Buffett Says Economy Showing ‘Significant’ Signs Of Life – WSJ
Markets:
Plunge highlights fragmented markets, fast traders – Reuters
VIDEO: Trader Goes Bonkers During Yesterday’s Crash – Yahoo Finance
Thursday’s Stock Free Fall May Prompt New Rules – New York Times
Turmoil, Extreme Volatility Continues In Global Markets – WSJ
Current Crisis Resembles ’08 — With Key Differences – WSJ
Rogers, Faber Advise Paring Investments as U.S. Stocks Slump – Bloomberg