Harvard’s Rogoff Gives Legs to China Crash Talk – Bloomberg
European Union Moves Toward a Bailout of Greece – NY Times
Athens, E.U. appear closer to a deal on Greek debt crisis – Washington Post
Greece Now, U.K. Next as Investors Ready for Pound Plunge – BusinessWeek
City Center: Las Vegas puts $9bn on red – TimesOnline
Complexity and Collapse – Ferguson, Foreign Affairs
The Enthusiasm Gap – Robert Reich
America, the fragile empire – LA Times

Oil falls back below $80 as dollar strengthens – AP
Gold rises to 1-week high; strikes record in sterling – Reuters
Grantham’s ‘Horrifically Early’ Calls Challenge GMO – BusinessWeek
Calpers to review its rate-of-return assumption – Reuters
Wit And Wisdom Of Warren Buffett – Forbes

U.S. Consumer Spending Increases – Bloomberg
Academics on What Caused the Financial Crisis – WSJ
Unemployment benefits for 1.2 million could expire Sunday – Journal Sentinel
Outrage grows over Muni operators’ pay – SF Gate
Core Logic – Krugman, NY Times
Jobs at any price? – LA Times

Pound suffers sharpest fall in more than a year – Telegraph
U.S., Japan to see leap in distressed property sales – Reuters
Pound under attack as debt worries grow – Times Online
Most central banks expected to hold firm – Globe and Mail
I.M.F. Chief Suggests Look at New Reserve Currency – NY Times
US banks veto ’socialist pay’ in secret talks – The Independent
Is Hong Kong ready for reverse property bubble? – MarketWatch
China Army Officer Urges Challenging US Dominance – Reuters

More homeowners may start to walk away – Baltimore Sun
Warren Buffett sees housing market bouncing back by 2011 – Bloomberg
Many borrowers in default stay put as lenders delay evictions – LA Times
Building on Hope – Modesto Bee

Republicans want hearing on Fannie/Freddie bailout – Reuters
Obama Appoints Federal Reserve Operative to Debt Panel – Before It’s News
Bernanke Makes Two-Year Treasury Notes Sweetest Spot – BusinessWeek
Banks Out of the Woods? Maybe Not – MarketWatch

Marijuana use by seniors goes up as boomers age – AP
Coffee Party movement: Alternative to tea – Washington Post
Safety concerns lead to new Yosemite permit system – LA Times
Top 10 Spooky Sleep Disorders – LiveScience