• CNBC: Large U.S. corporations earnings decline; worst results in 10 yrs
• IBD: After mortgage modification 59% of homeowners re-entered default
• AOL: Insurers that failed to reinvest profits to issue $1 billion in rebates
• BBC: Physicist/Doctor proves U.S. healthcare is up to 50% inefficient
• CNN Money: Goldman Sachs issues sell recommendation on S&P 500
• Business Insider: Majority of wealthy did little to gain wealth themselves
• Moody's: Debt ratings of 15 banks with global capital exposure downgraded
• Philly Fed: Manufacturing businesses index of -16.6 indicates slowdown
• AP: EU unsure how to pay for bank bailouts & debate transaction tax
• Bloomberg: Executive confidence of 7,000 German businesses lower
• Reuters: Italian and Spanish 10-yr bonds up to 5.83% & 6.66% after respite
Friday, June 22, 2012
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