Gridlock

July 25, 2011
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Mercenary Links Roundup for Sunday, July 24th (below the jump).

07-24 Sunday

Gridlock for Debt Talks – WSJ.com

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

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

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

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

Business Abroad Drives U.S. Profits – WSJ.com
Corporates ‘Ripe’ for Third-Quarter Buybacks, Meli Says – Bloomberg
Guidance Numbers Not Looking So Great

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


Investors Raise Bullish Commodity Bets by Most in Year as Economy Expands
Crop Prices Erode Farm Subsidy Program – WSJ.com

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

Goldman Sachs Model Championed by Blankfein Planted Seeds of Own Distress
That Tweet Just Doomed Your Wall Street Career: William D. Cohan – Bloomberg

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

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

Chinese manufacturing set to contract – FT.com
China Orders Rail-Safety Probe, Fires Officials – Bloomberg
Wal-Mart May Open India Retail Stores – Bloomberg

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

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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