TOP STORIES
World oil demand to hit record high this year: IEA – Reuters
Greece Sells $2.1 Billion of Debt After Rescue Plan – Bloomberg
Lehman Channeled Risks Through ‘Alter Ego’ Firm – NY Times
Economic data don’t point to boom times just yet – Washington Post
The Most Ridiculous Excuse Ever: “No One Saw The Crisis Coming” – Tech Ticker
The origins of the next crisis – Credit Writedowns
IMF Prepares For Global Cataclysm – Zero Hedge
The FCIC: Passing the Buck – Ron Paul

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MARKETS/INVESTING
Gold slips as euro rally stalls – Reuters
Oil Falls for a Fifth Day on Forecast Gains in U.S. Supplies – Bloomberg
VIX Retreats to Lowest Since July 2007 on Aid Plan for Greece – Bloomberg
Got Gold Report: COMEX gold shorts fight breakout – Stockhouse
Struggle to close above 11K tells a lot – MarketWatch
Dow Jones industrial average closes above 11,000 – USA Today
How Inflation Begins – Saut, Raymond James

ECONOMY
Trade Deficit, Prices on Imports, Exports All Rise – CNBC
Extension of jobless benefits clears Senate hurdle – MarketWatch
Do rising oil prices threaten the economic recovery? – EconBrowser
Budget Deficit in U.S. Narrowed to $65.4 Billion – Bloomberg
Recession Measures – Calculated Risk

INTERNATIONAL
The PIIGS Problem: Maginot Line Economics – New Deal 2.0
Hu tells Obama: China to make its own call on yuan – Reuters
French and German Ties Fray Over Debt Crisis in Greece – NY Times
China May Float Yuan, Shun One-Time Jump, Survey Shows – Bloomberg
Asian Economies Urged to Raise Interest Rates – NY Times
China’s reserves hit new high of $2.447 trillion – Telegraph
Bank of Japan may reportedly upgrade price forecast – MarketWatch
Australian Business Confidence Near Eight-Year High – Bloomberg

REAL ESTATE
27 Million Believe Home is Underwater – The Truth About Mortgage
Washington Mutual created ‘mortgage time bomb,’ Senate panel says – LA Times
JPMorgan Argues Against Mortgage Modifications, Citing Sanctity Of Contracts – HuffPo
Foreclosure inventories hit record – MarketWatch

FED/TREASURY/BANKING
Moody’s: Citigroup Still ‘Too Big To Fail’ For Now – WSJ
How to prevent America’s next financial crisis – Geithner, Washington Post
The Best and Brightest Protect Greenspan and Betray the American People – aucontrarian
Fed may go public with its fight against consumer unit – boston.com

INTERESTING
Miss. Confederate History Month ignores slavery – AP
A recession-proof business? Try California’s prison industry – McClatchey
A CNBC Employee Will Eat Four KFC Double Down Sandos On Wednesday – DealBreaker
Police pull over one SUV, but make 2 DUI arrests – AP