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David and I kind of touched on this topic here: http://www.politicalfray.com/showthread.php?t=3443 Today, Krugman posted about something similar (I usually wouldn't link to him because of all the partisan bs [this post is no different] but the point is good so please bear with me on that)...

The ex-giant is going to start repaying creditors outside of bankruptcy as it continues to fade away. http://www.reuters.com/article/2012/03/06/us-lehman-idUSTRE8250WY20120306

Robosigning continues to haunt the housing market and once more shows the fraudulent activity that Wall St. participated and possibly still in participating in. http://www.reuters.com/article/2012/01/26/us-usa-housing-mortgage-reincarnation-idUSTRE80P0SJ20120126

Gold hit 1800 a troy ounce not too long ago as investors continue to look for refuge from the economic worries in the United States, Europe, and elsewhere. It is at a nominal high, but still a few hundred/troy ounce below its all-time real high.

After the [thus far] successful protests in Egypt, tensions have risen in other Middle Eastern nations as citizens seek similar changes in what is being termed the Facebook revolution. Libya grew particularly violent earlier today as the government vowed to crackdown on protests. As a result...

UNITED NATIONS: The United Nation assured to continue aid efforts in flood-hit areas despite a US official warned that the Tehrik-e-Taliban in Pakistan is planning to attack foreign aid workers participating in flood relief. "We will not be deterred from doing what we believe we need to...

Japanese Prime Minister Yukio Hatoyama accepted a proposal that would keep a large American military presence in Japan for years to come. The agreement comes despite campaign promises in which Hatoyama said he would fight to reduce American presence in the country. Thousands have protested the...