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How We Got Into This Debt Ceiling Mess

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Obama Backs New Debt Plan That Doesn't Raise Taxes (CNBC.com)

Don't Mess With Gary Cohn's Kid Or You're Gonna Get It (Business Insider) And then he'll give you the silent treatment.

The World Does Not Have to End if the US Loses AAA Rating (Wall Street Journal)

Goldman Sachs Is Now Punishing Personal Emails About Lingerie With Public Humiliation (Business Insider) Compliance officers at the firm "stage annual dramatic readings of their employees' most embarassing e-mails to drive the point home," according to a report in New York Magazine. We could see this getting awkward.

Felix Salmon Explains How We Got Into This Debt Ceiling Mess (Reuters) Our best case scenario is a credit rating downgrade, our worst case scenario, we default.