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Wednesday, November 28, 2012

Financial news: 11/28/2012

OECD: U.S. 2013 GDP growth 2% only if Fiscal Cliff is avoided
MN: Underfunded pensions slowly eroding public financial strength
MarketWatch: Replacing $1 bills with coins saves $147 mln/yr
Reuters: Senate majority leader affirms gridlock in Congress
CNBC: Investors seek security, money market nets $21.8 billion
BI: Unincorporated business equity & R.E. = 50.3% of 1%s worth
NY Fed: Student loan 90 day delinquency rate has reached 11%
CNN: State lotteries are economically inefficient per professor
Fox Business: Congress is facing a two-pronged fiscal challenge
Bloomberg: Argentinian international bonds near default per Fitch
BBC: Portugal votes to cut spending, recession to continue in 2013
AP: Greek recession extended for 6th yr w/ 25% unemployment
NYT: Greece at risk of dropping Euro currency despite fiscal aid

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