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Noteworthy News – May 10, 2010

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

Posted in Economics, Markets, Media, Politics.



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