TOP STORIES
Markets spooked as Greek rescue plan crumbles – Telegraph
Roach Rebuffs Krugman Call to Pressure China on Yuan – Bloomberg
Greenspan Concedes That the Fed Failed to Gauge the Bubble – NY Times
TheStreet.com discloses probe of Promotions.com books – MarketWatch
Petroleum Demand Lessons from the Late 1970s – The Oil Drum
Up-to-Date Primer on Gold, Part 1 – Seeking Alpha
It Was A Wonderful Life – Burning Platform
The Bears Are Dead Wrong – WSJ

MARKETS/INVESTING
Oil drifts below $82 as month-long rally stalls – AP
Gold slips as dollar firms; awaits news on Greece – Reuters
Central Bank Gold Holdings Expand at Fastest Pace Since 1964 – Bloomberg
Lost Force of Our Demand: The US No Longer Controls the Price of Oil – Gregor.us
Why gold and silver are biggest asset bubbles – Commodity Online
Will UNG Be the First Big ETF to Go Bust? – Zero Hedge

ECONOMY
What Will Labor Market Recovery Look Like? – WSJ
U.S. economy is on a moderate growth path – Washington Post
Initial, Continued and Extended Unemployment Claims – Paper Economy
Is Upside Economic Momentum Set to Bubble? – Capital Spectator
Stagflation Versus Hyperinflation – Krugman, NY Times

INTERNATIONAL
A China-U.S. Reckoning – Forbes
Eastern Europe’s economies: What went right – Economist
Germany Backtracks on Europe Rescue for Greece – NY Times
Papandreou Racing to Cut Greek Rates With Aid Pledge – Bloomberg
Our Big Mac index shows the Chinese yuan is still undervalued – Economist
It’s Now HardBall Between Germany and Greece – Prudent Investor
China’s Exporters Hanging by a Thread? – Naked Capitalism
A special report on Germany: Older and wiser – Economist
Will the U.S. Become the Next Ireland? – NY Times

REAL ESTATE
Fannie Mae Economists Lower First Quarter Forecast – UPI
First American CoreLogic: House Prices Decline 1.9% in January – Calculated Risk
Indiana Homeowner Kicked Out Of HAMP For Early Payment Wins Reprieve – HuffPo
Driving Up Interest Rates Will Deepen Housing Slump – Stiglitz – Seeking Alpha
Has the Home Buyer Tax Credit Extension Flopped? – WSJ

FED/TREASURY/BANKING
Fed May Boost Discount Rate Before Next Meeting – Bloomberg
Bernanke sees US backing Fannie, Freddie debt – Housing Wire
Many Calls for Avoiding a Repeat of Bank Bailouts – NY Times
Fed bought $10 bln net in agency MBS in latest week – Reuters

INTERESTING
Reconciling Reconciliation – Taibblog
Obama’s Approval Rating Lowest Yet, Congress’ Declines – Gallup
Property tycoon ‘lost Lamborghini while drunk’ – Telegraph
See the Tragedy of the Commons – Marginal Revolution