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John Paulson is having a very bad summer. (Dealbreaker)
Investors are pulling money out of equity mutual funds with abandon. (MarketBeat)
This will not end up well. Small businesses are getting into forex “hedging.” (WSJ)
The Feds are sniffing around S&P’s past mortgage rating practices. (NYTimes)
The US and European economies are on the precipice of recession. (FT Alphaville)
What went wrong with the global recovery? (Gavyn Davies)