


Some headlines from the day
- Congress asks for details on automatic spending cuts in the budget control act agreement [7]
- China looks to grow bond market [8]
- Everyone relax, Hank Paulson says the U.S. won't be impacted by the European crisis -- buy stocks [9]
- Bove begs for banks to not have actual captial requirements... all in are we Richard? [10]
On a long enough timeline
- LCH raises margins on most spanish bonds... banning of trading next up [12]
- Is Target2 a bailout for Europe's periphery? [13]
- [16]This time it's different? A reminder of what happened heading into the last FOMC meeting [16]
If you're too lazy to read, you can listen to the news here
