Gridlock

Mercenary Links Roundup for Sunday, July 24th (below the jump).

07-24 Sunday

Gridlock for Debt Talks – WSJ.com

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Debt Ceiling Fight Has Markets Holding Their Breath – NYTimes.com

Treasuries Decline for First Time in Three Weeks as Deficit Talks Collapse

SocGen On The Three “11th Hour” Debt Ceiling Scenarios, And Respective Reactions

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Default Now, or Suffer a More Expensive Crisis Later: Ron Paul – Bloomberg

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Democrats Balk at Potential U.S. Debt-Limit Deal – Bloomberg

Boehner Says Debt-Ceiling Accord With Obama ‘Not Close’ Amid Party Strife

Obama, Boehner press for debt deal, but not close | Reuters

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Jobless rates jump in 28 states in June | Reuters

The Master’s as the New Bachelor’s – NYTimes.com

Jefferson County in Alabama May Vote to File Largest Bankruptcy July 28

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Business Abroad Drives U.S. Profits – WSJ.com

Corporates ‘Ripe’ for Third-Quarter Buybacks, Meli Says – Bloomberg

Guidance Numbers Not Looking So Great

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Debt and Delusion – Robert J. Shiller – Project Syndicate

Europe finally admits its debt problem to save the euro | The A-List

Grantham Quarterly Letter

Howard Marks on the U.S. Debt Ceiling: Oaktree Capital Commentary

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Investors Raise Bullish Commodity Bets by Most in Year as Economy Expands

Crop Prices Erode Farm Subsidy Program – WSJ.com

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Merkel Facing German Revolt Over Greek Bailout | ZeroHedge

Zulauf: Greek Bailout is Hogwash | The Big Picture

Analysis of Greece’s “Trichet Plan” Restructuring | The Big Picture

Greeks struggle to shed old ways of thinking – Yahoo! Finance

Some Bailout Providers May One Day Need Help Too – NYTimes.com

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Goldman Sachs Model Championed by Blankfein Planted Seeds of Own Distress

That Tweet Just Doomed Your Wall Street Career: William D. Cohan – Bloomberg

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Gold Advances in London on Continuing Concern About Europe’s Debt Crisis

Asian Currencies Climb to 14-Year High on Europe’s Greek Rescue Package

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Norway Mourns Its Dead As Harsh Rhetoric Spreads – WSJ.com

Norway Shooting and Bomb Attack Leaves at Least 92 Dead – NYTimes.com

Tiny, Prosperous Norway Searches for Answers – WSJ.com

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Chinese manufacturing set to contract – FT.com

China Orders Rail-Safety Probe, Fires Officials – Bloomberg

Wal-Mart May Open India Retail Stores – Bloomberg

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Europe Turns to the Cloud – NYTimes.com

A Bubble in Social-Media Stocks – Barrons.com

SAC Capital Is Accumulating A Huge Facebook Stake

Amazon’s next billion-dollar business eyed | Reuters

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What Is Reality? A BBC Horizon Documentary | Brain Pickings

The brain injuries that destroyed a football superstar

The Case for Parallel Universes: Scientific American

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