$$$Henry Paulson: ‘Now Is the Time for Action on Debt Ceiling, Deficit’ (WSJ)

$$$ECB's Trichet confident Greek crisis a one-off (Reuters)

$$$Fitch to put Greece into 'restricted' default (Guardian)

$$$ "A Harlem financial consultant wants JetBlue to pay for booting her off a Florida-bound flight after an airline worker accused her of not wearing panties." (NYDN)

$$$Blackstone, Stifel, others eye Morgan Keegan (Reuters)

$$$Brevan Howard’s Vernon to Depart $32.6 Billion Hedge Fund He Helped Found (Bloomberg)

$$$The coming firesale of student loan ABS (FT Alphaville)

$$$Goldman cuts US corn yield estimate by 3 bushels/acre due heat (Reuters)

$$$A robot that flies like a bird (TED)

$$$Who's Watching the Banks? (The Fiscal Times)

$$$Winklevoss Suit Against Facebook Founder Falls Flat (WSJ)

$$$Prison Guard Shames Facility By Releasing Inmate Chase Video -- Set To Benny Hill Theme (VIDEO) (HuffPo)