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Papandreou Says Greek ‘Survival’ at Stake in Talks (Update1) – Bloomberg.com Greek Prime Minister George Papandreou said the country’s survival was at stake in talks to win a potential $159 billion European Union-led bailout in exchange for budget cuts denounced by unions as “savage. (tags: Greece debt default)

Spanish Unemployment Rate Tops 20%, Undermining Deficit Fight – Bloomberg.com Spain’s unemployment rate rose above 20 percent for the first time in more than a decade, undermining Prime Minister Jose Luis Rodriguez Zapatero’s fight to cut the euro region’s third-largest budget deficit. (tags: Spain unemployment debt) Federal Prosecutors Open Inquiry into Goldman Trading – CNBC … Read more

Commentary: Europe's Debt Crisis Is About to End – CNBC With the likes Nouriel Roubini, Jim Rogers and George Soros predicting a disastrous default by Greece and others in the euro zone, the contrarian in me has to ask if they could be very wrong. (tags: Greece default debt)

Best in Class: Everybody Loves Trina Solar; Should You? | TheStreet.com There's just no contest right now in terms of the bull herd mentality from the Street for solar stocks: all are charging after shares of Trina Solar…for Street analysts and investors who like the thesis that the truly vertically integrated, low cost Chinese solar … Read more

Goldman's Defense: We Lost Money on Subprime Market – CNBC When Goldman Sachs CEO Lloyd Blankfein and six other company executives testify before a Senate subcommittee on Tuesday there likely will be talk about how the firm manages risk, a lot about how they took actions to protect the firm and its clients during the … Read more

The Busted Homes Behind a Big Bet: Personal Finance News from Yahoo! Finance The government's civil-fraud allegation against Goldman Sachs Group Inc. centers on a deal the firm crafted so that hedge-fund king John Paulson could bet on a collapse in U.S. housing prices. It was a dizzyingly complex transaction, involving 90 bonds and a … Read more

Investment Strategy: Banks May Not Be Lending, But They Are Buying Treasurys – CNBC With credit conditions still tight and Congress likely to clamp down on risk in the financial industry, banks are turning toward the safety of government debt, helping keep interest rates low but still not providing credit to consumers. (tags: treasuries banks)

NYC tenants in defaulted properties demand fixes – Yahoo! Finance But in the chaos of the national housing collapse, in thousands of buildings like this one that have fallen into default and where tenants have watched the owners walk away, the answer to one simple question is not always clear: Who is responsible for fixing … Read more

CBC News – British Columbia – New mortgage rules take effect Federal mortgage rules implemented two months ago aimed at turning down the heat on Canada's red-hot real estate market took effect on Monday. (tags: Canada housing mortgage) Atlanta’s affordable housing ranking low – Atlanta Business Chronicle: The four most expensive major markets for housing … Read more

What Put Call Ratios Are Telling Us | Minyanville.com We could have a similar pause to what we saw when Greece broke in January. (tags: options technical_analysis trading_strategy) Volcano casts cloud over European economy – CNN.com "While safety remains a non-negotiable priority, it is not incompatible with our legitimate request to reconsider the present restrictions," … Read more