Financial News Update – 06/01/10

Greece urged to give up euro

Soaring costs force Canada to reassess health model

Investment Guru: Euro and Oil Will Continue to Plunge

The Union Pension Bailout

Gold Rises to Two-Week High on Demand for Alternative to Euro (Hat Tip: Brian B.)

Roubini: World at Risk of Double Dip Recession for Years

Robert Reich to Obama: Nationalize BP! (Hat Tip: Brian B.)

HSAs an Endangered Species under Obamacare

China Blows Up?

The Union Pension Bailout (Hat Tip: Jean Stoner)

The Lessons of the GM Bankruptcy (Hat Tip: Jean Stoner)

EU unemployment hits record 10.1%

Foreign banks find fortune in crisis

SUMMER OF FULL FLIGHTS, RISING FARES — AND CANCELLATIONS

HP to Cut 9K Jobs, Take $1B Charge

SurvivalBlog:

Bankruptcy talk spreads among California muni officials

Is the World Broke? Entitlements, Spending May Spell Doom

Euro crisis is tip of the iceberg; What we see is scary enough, but the hidden part is something virtually every nation will have to navigate around during the next couple of decades

Gulf Oil Spill Impact Will Be Long-Term

New, Giant Sea Plume Seen in Gulf

Storms Could Cross Massive Gulf Oil Spill

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