• Nothing wrong with tweaking the jobless claims numbers: now at 621,000; the revision will be amusing ( Bloomberg ) [When will people realize everything is adjusted better by 40-80k every single period]
  • So much for consumer spending: retailers report May sales declines ( AP and NYT )
  • Ye olde Goldman oil manipulation game: now forecast oil at $85 ( Reuters )
  • Be frightened of activist investors loading up on basis trades ( Highyield Blog )
  • SEC probes Lehman research ( SEC )
  • Latvia denies currency pressure ( BBC )
  • General Motors goes to the garage ( FT )
  • Workers more productive in Q1 - as most of them were hired by the Government UnLLC, this is surely good news and will cause a spike in NYSE:OBAM pre-market ( AP )
  • V-shaped recovery outlook is in vain ( Barron's )
  • The plummeting dollar prosperity plan ( Delta Global )
  • Schroeder: Buffett is less bullish on U.S. than you think ( Bloomberg )
  • Geithner and China: who are you fooling? ( Merk Fund )
  • ING plans to withdraw from 10 of the 48 countries it is currently active in ( MarketWatch )
  • Why Ackman failed against Target ( TheStreet )