Saturday Headlines

Quick Hits:

With ongoing drought in US, the world may be facing a new food crisis.

Spain is the new Greece as talk of a bailout spurs global fears.

European Central Bank’s Draghi contends the Euro is not in danger.

Are the rich really getting richer? Maybe not.

Dodd-Frank’s Two-Year Anniversary
Today marks the second anniversary of the enactment of the Dodd-Frank financial reform law, which has its critcs and its supporters. CNBC takes an overview of where Wall Street reform stands now and the Washington Post looks at how the law has gotten bigger and expanded its reach since it was passed.

Supporters on the liberal side who favor greater regulation, including the Treasury Deparment and the Huffington Post, suggest the law has been a benefit to the economy.

On the other hand, Republicans have launched a portal for businesses to submit their critiques of the law and free-market advocates like the Heritage Foundation focus on the impact of the legislation on businesses.

Libor Scandal
The Christian Science Monitor and the University of Pennsylvania’s Wharton School of Business offers a primers on the Libor scandal, while the Wall Street Journal examines the role of Treasury Secretary Tim Geithner, who was head of the New York Federal Reserve Bank when alarms were initially raised.

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