Wednesday, February 08, 2012
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2. The surprising reason we celebrate Christmas on December 25
 
3. Remember this if you're forced to brave the malls for last-minute holiday shopping
 
1. PIMCO's Bill Gross just made an astonishing comment
 
2. Richard Russell: This could be 2012's "market moving" event
 
3. New report reveals Federal Reserve president owns millions in gold and platinum
 
4. This morning's "fantastic" jobs report is hiding some shocking news
 
5. Military insider: The Pentagon is lying about Afghanistan
 
These U.S. states are in serious trouble
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Tuesday, August 31, 2010
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From Bespoke Investment Group:

Below is a chart highlighting default risk for sixteen states that we have credit default swap (CDS) pricing for.

The number next to each state represents the cost per year to insure $10,000 worth of state bonds for 5 years. The higher the price, the higher the default risk.

As shown, Illinois has the highest default risk of all states at 303.2 bps – even higher than California. California ranks 2nd, followed by...

Read full article (with charts)...

More on the states:

Budget crisis: 46 U.S. states face "Greek-style" deficits

Idaho joins small group of states to reject Federal gun rules

TAX, TAX, TAX... Desperate U.S. states are coming up with ridiculous new fees and taxes

Topics: Bankruptcy | Cruxallaneous
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