Economy News for Wed 11 Jul 2012

[Cheryl Nelson]

Global Investors More Fearful Now Than 2008 Post-Lehman Era

http://finance.yahoo.com/blogs/breakout/global-investors-more-fearful-now-2008-post-lehman-121137118.html;_ylt=AnAehC5MvVg740CrVHQEydGiuYdG;_ylu=X3oDMTNzNTNwY2xnBG1pdANGUCBCcmVha291dARwa2cDOWI3NGU4MDgtNjZlZC0zOWY5LWI0ZTQtMzAyOWY2YTlmNGFkBHBvcwMxBHNlYwNNZWRpYVNlY3Rpb25MaXN0BHZlcgM5Y2YxYzc3MC1jYjYyLTExZTEtOWRkZi0wY2Y3MmVmZWY3MGY-;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

San Bernardino, CA Files For Bankruptcy

http://johngaltfla.com/wordpress/2012/07/11/another-municide-san-bernadino-ca-votes-to-seek-bankruptcy-protection/

A Scandal Over Rate-fixing Is About To Hit The U.S.

http://marketday.msnbc.msn.com/_news/2012/07/11/12684779-a-scandal-over-rate-fixing-is-about-to-hit-the-us?lite

U.S. Stocks Pare Drop As Investors Dissect Fed Minutes

http://www.bloomberg.com/news/2012-07-11/asian-stocks-drop-for-fifth-day-on-growth-concern-yen-advances.html

Trade Gap In U.S. Narrowed In May As Imports Decreased

http://www.bloomberg.com/news/2012-07-11/trade-deficit-in-u-s-narrowed-in-may-as-imports-decreased.html

Oil Gains A Second Day As Stockpiles Decline More Than Forecast

http://www.bloomberg.com/news/2012-07-11/oil-gains-a-second-day-as-stockpiles-decline-more-than-forecast.html

5 Reasons We're In A Recession, And 5 We Aren't

http://www.businessweek.com/articles/2012-07-11/five-reasons-were-in-a-recession-and-five-we-arent