Belly-buttons key to success in sport: study Raw Story (hat tip reader John D)
Scientists expected Obama administration to be friendlier Los Angeles Times (hat tip reader EmilianoZ from Felix Salmon)
Spill costs to cut BP tax bill by $10bn Financial Times. Ah yes, if you are a business, the government is your partner.
Breaking News: Due to Public Outcry, Coast Guard Rescinds Ban of Reporters and Photographers from Oil Spill George Washington. I was told (but have not independently verified) that Thad Allen said the leak would be stopped as of this weekend. I wonder if this announcement has to more to do with his (oft misplaced) faith in BP (as in he believes that there will soon be nothing new to report).
In BP’s Record, a History of Boldness and Costly Blunders New York Times
Hard choices as China’s boom fades Sydney Morning Herald (hat tip reader Crocodile Chuck)
American business sours on China Gideon Rachman, Financial Times
Automated Debt-Collection Lawsuits Engulf Courts New York Times
U.S. Queries 64 Issuers of Mortgage Securities, Others Wall Street Journal
Preventing 2006 Steve Waldman. I’m late to this very good post.
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