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Your Daily Doom, Gloom, and Corruption report

ECB’s policy makers say they can’t do much more to stem financial crisis

Italy bond attack breaches Euro defenses as crisis worsens

Alabama’s Jefferson County declares biggest municipal bankruptcy (brought to you by the Wall Street)

What caused the financial crisis? The Big Lie goes viral. (Barry Ritholtz of The Big Picture in The Washington Post.)

Why Wall Street can’t handle the truth

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