Financial News Update – 06/05/09

Feds To Fire Another CEO? FDIC Plans Citi Beheading

Obama Jobs Deficit Now at 6.4 Million, and Climbing

Jobless rate hits 9.4 percent in May; layoffs slow

White House Set to Appoint a Pay Czar

Should Unions Prevent Your Next Raise?

Temp work helps mask joblessness

UPDATE: MANY STATES FACE WORSENING FISCAL CRISES

Slimming down inmate meals

FAA Proposal Would Close 20 Weather Offices

OBAMA CABINET USES ‘STIMULUS’ TRAVEL TO BOLSTER REELECTION CHANCES

Report: FDIC pushing for shake-up at CITI

Palin: Government Wants To “Control The People”

Survival Blog:

Latvian debt crisis shakes Eastern Europe

Medical bills underlie 60 percent of U.S. bankruptcies: study

Julian Robertson’s Steepener Swap Play (Shorting US Treasuries)

V-Shaped Recovery Outlook is in Vain The bulk of the economy’s credit problems are still to come

Handwritten Notes Show Fed Oversight Bill Neutered On Senate Floor

Banks Run the Country

Biden Says Some Waste Inevitable Part of Stimulus Program

Paul Craig Roberts: as The Dollar Falls Off The Cliff

US Retailers Report May Sales Decline

Canada Mint Can’t Account For Missing Gold

Study: US Dollar “Seriously Overvalued”

US Private Sector Axes 532,000 Jobs in May

German Debts Set To “Blow Like A Grenade”

Holes in the China Recovery Story

Financial, Energy Stocks Pull Market Higher



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