My afternoon Long Island Railroad quiet car homework:
• Spain pleads for ECB rescue as bond markets slam shut (Telegraph) see also Debt crisis: Spain on brink of a global bail-out (Telegraph)
• Rating-Firm Oversight Rises (WSJ)
• Fed Wrestles With How to Bridge U.S. Credit Divide (WSJ) see also As Income Inequality Grows, Some Movement at the Top and Bottom (Economix)
• Major Banks Largest Source of Consumer Bureau Complaints (Bloomberg)
• Eurobills may drive past German roadblock (FT.com) see also Austerity Doesn’t Pay as Debt Markets Ignore Rating Cuts (Bloomberg)
• Pete Townshend calls Apple ‘a vampire’ (BBC News)
• Extreme Politics Will Make the U.S. the Biggest Loser (The Fiscal Times) see also When ALEC Takes Over Your Town (NYT)
• Tending the Body’s Microbial Garden (NYT)
• Amazon spreads its Web in Washington (Washington Post) see also Electronics Retailers Scramble to Adapt to Changing Market (NYT)
• The Subversive Graduation Speech (Slate)
What are you reading?
FedEx Signals Freightload of Economic Woe
Source: WSJ
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