In The Newz
California to get $1.5-billion loan from JPMorgan Chase (LATimes)
Jamie Dimon helps Arnold end IOU program a month early, with money repaid in late September.
Multiple Explosions In Baghdad Kill At Least 75 (WSJ)
“The officials said the deadliest blast was a car bomb near the foreign ministry, which killed at least 48 and wounded more than 240. They said the toll may climb as rescue workers continue to search through rubble and debris. The ministry is close to the fortified Green Zone. The officials all spoke on condition of anonymity because they weren’t authorized to release the information.”
The Greenback Effect (NYT)
Warren Buffett: “But it was a wise man who said, “All I want to know is where I’m going to die so I’ll never go there.” We don’t want our country to evolve into the banana-republic economy described by Keynes.”
Freddie Mac Names New Chief Operating Officer (Reuters)
Bruce Witherell, come on down!
More Banks In Europe Identified In Tax Probe (WSJ)
Credit Suisse Group AG, Julius Baer Holding AG, Zürcher Kantonalbank and Union Bancaire Privée. UBS, you are not alone!
U.S. Says Building Criminal Cases Against UBS Clients (Reuters)
At least 150 tax evaders are going down.
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