Udates on Economy

Today's financial collapse headlines:

Wall Street Journal: Electrical Grid in U.S. is Penetrated by CyberspiesNY Times: Huge Swaths of America's Means of Production Mothballed

NY Times: Moody's Assigns Negative Grade to All U.S. Municipal Bonds

NY Times: Towns, Cities Reeling from Investments in Municipal Bonds

NY Times: Big Bondholder in GM Sells Most of Its Assets in Company

NY Times: Economic Crisis Sweeps Through Parts of Eastern Ukraine

CNBC: Soros Says U.S. Banks are "Basically Insolvent" and "Zombies"

CNN Money: General Motors Said to Now be Preparing for Bankruptcy

London Times: Debts Could Create $4 Trillion Burden for Taxpayers

Wall Street Journal: Plunging Stocks Creates Pension Crisis for States

Market Watch: Treasury Expands Bailout to Insurerance Companies

Christian Science Monitor: Student Debt and Loan Defaults Surging

Slate: Twenty-Somethings Feel "Betrayed" Over State of Economy

Business Insider: Greatest Credit Card Plunge Ever Just Happened

ABC News: In Many American Cities a Property Tax Revolt is Brewing

CNBC: Meredith Whitney Expects Home Prices to Fall Another 30%

NY Times: As Room Rates Fall, Sleepless Nights for Hotel Investors

Bloomberg: Vacancies at U.S. Retail Centers Reach Ten Year Record

Yahoo Finance: U.S. Wholesale Inventories Drop by Most in 17 Years

Wall Street Journal: Freight Shipping Companies Struggle to Survive

UK Telegraph: UK Industrial Production at Lowest Level in 40 Years

Wall Street Journal: From a Financial Bubble to a Great Depression

SF Chronicle: Goal of the Bailouts is to Prevent the Elite from Losing

MSNBC: Unemployment Center Struggles with Overwhelming Need

Bloomberg: Uncle Sam Snapping Up Unemployed Wall Street Analysts

The Big Money: Displaced Banker Guides Tourists Through the Carnage

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