Scientists Find “Great Pacific Ocean Garbage Patch” National Science Foundation As reader John D. points out, the existence of the patch is well known, but has not been researched by scientists until now.
Study Argues C.F.T.C. Overlooked Oil Speculation Andrew Ross Sorkin (hat tip reader Michael)
Bonus Guarantees Can Fuel Risky Moves Lucien Bebchuk, Wall Street Journal
What’ C Worth? Bruce Krasting (hat tip reader Scott)
Japan reports record unemployment rate for July MarketWatch (hat tip DoctoRx). Deflation is up too, yet the Nikkei rallied.
Squandered Honeymoon: How Botched Bailouts Hamper Healthcare Reform Rob Johnson, Huffington Post
Peak Water Jim Quinn. Today’s must read
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