Cyprus Salvaged After EU Deal Shuts Bank to Get $13B - Bloomberg

Cyprus Salvaged After EU Deal Shuts Bank to Get $13B - Bloomberg: "Cyprus dodged a disorderly sovereign default and unprecedented exit from the euro by bowing to demands from creditors to shrink its banking system in exchange for 10 billion euros ($13 billion) of aid.
Cypriot President Nicos Anastasiades agreed to shut the country’s second-largest bank under pressure from a German-led bloc in an overnight negotiating melodrama that threatened to rekindle the European debt crisis and rattle markets."

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Cyprus banks remain closed to avert run on deposits | Reuters

Cyprus banks remain closed to avert run on deposits | Reuters: "The president of Cyprus assured his people a bailout deal he struck with the European Union was in their best interests, but banks will remain closed until Thursday - and even then subject to capital controls to prevent a run on deposits."

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Picture of ‘martial law’ alarms forensic profiler

Picture of ‘martial law’ alarms forensic profiler: "A forensic profiler who worked on the disappearance of Natalie Holloway and the double-murder case against O.J. Simpson says he is becoming alarmed by some of the references President Obama is using."

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Superintendents Paid as Much as Corporate CEOs

Superintendents Paid as Much as Corporate CEOs: "Property taxes have continued to increase in many parts of the country throughout the recession because of rising costs to fund public schools. The increased costs are driven by the large salaries that many school superintendents receive, says Elizabeth MacDonald of Fox Business News."

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