Economy News for Fri 10 Aug 2012

[Cheryl Nelson]

US Banks Told To Make Plans For Preventing Collapse

http://www.reuters.com/article/2012/08/10/us-banks-recoveryplans-idUSBRE87905N20120810

S&P 500 Rises For Fifth Week Amid Optimism Over Stimulus

http://www.bloomberg.com/news/2012-08-10/s-p-500-rises-for-fifth-week-amid-optimism-over-stimulus.html

Import Prices In U.S. Unexpectedly Fell In July For Fourth Month

http://www.bloomberg.com/news/2012-08-10/import-prices-in-u-s-unexpectedly-fell-in-july-for-fourth-month.html

Growing Paychecks Boost Americans' Buying Power

http://www.bloomberg.com/news/2012-08-10/growing-paychecks-boost-americans-purchasing-power-economy.html

Fed Can't Fix US Economic Headwinds

http://www.bloomberg.com/news/2012-08-10/fed-can-t-fix-u-s-economic-headwinds-clarida-says-tom-keene.html

The Crash Cometh!  Fed Tells Its 5-member Banks To Prep, To Stave Off Coming Collapse

http://www.dailypaul.com/248386/the-crash-commeth-reuters-the-fed-tells-5-member-banks-to-prep-to-stave-off-coming-collapse

Presenting The Ultimate "Muppet" Indicator

http://www.zerohedge.com/news/presenting-ultimate-muppet-indicator

The US Treasury Secretary's $2.4 Trillion Secret

http://blog.alexanderhiggins.com/2012/08/10/treasurys-secret-24-trillion-secret-164981/

Are You Better Off Than You Were Four Years Ago?

http://www.zerohedge.com/news/are-you-better-you-were-four-years-ago

Egan Jones Downgrades Goldman Sachs From A- to BBB+

http://www.zerohedge.com/news/egan-jones-downgrades-goldman-sachs-bbb