Greece Official: IMF Loan Boost Possible (WSJ)
"There has been talk that the IMF could boost its contribution in the support mechanism. But at this point we don't believe it will happen. The talk is for another €5-10 billion," said the official, who asked not to be identified. "But everything is still very fluid. If our partners and creditors feel that more money is needed to finally calm the markets and stop hurting the euro, more money could be approved. It is being discussed among all parties involved," he added, without elaborating.
Europeans Fear Greek Debt Crisis Will Spread (NYT)
“It’s like Lehman Brothers and Bear Stearns,” said Philip Lane. “It is not so much the fundamentals as it is the unwillingness of the market to fund you.”
Barofsky's First Days On The Job (Bloomberg)
“They eventually discovered a broken sewer main beneath the floor,” says Barofsky, 40, adding that he doesn’t think any slight was intended by relegating him to the malodorous quarters. Still, he says with a smile, “I wasn’t given the prime real estate in Treasury.”
Dick Bove: Goldman a $200 Stock, 'You Should Own It' (CNBC)
"I think the SEC suit will be thrown out of court, I think Goldman's reputation will improve," Bove said. "I think it's a $200 stock. I think the company's earnings are very good, I think you should own it, I think it's a tremendous opportunity," he added.
SEC Probes Side-Pocket Deals (WSJ)
Not the side-pockets!
How Many Times Did Sen. Levin Say 'Sh**ty Deal'? (CNBC)
Apparently 11. Which seems low.