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Detroit's Pensions Under Attack
Larry's List

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The bankrupt city is looking to cut its already underfunded retirement benefits; given the current economic climate, perhaps it's time for the affordable housing options that were used in the last century to make a comeback; meanwhile, Pope Francis' new banker, hired to clean up the Vatican's messy accounts, comes with sex scandals of his own. These discoveries and more after the jump.

Restive Egypt Looks Over Its Shoulder

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The uprising that sacked Tunisia’s government is continuing to echo through the region, with Egypt, especially, looking over its shoulder and fearing instability that could scare off foreign investors.

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For-profit schools, some of which are accused of failing to properly educate while loading students with debt, have banded together to fight the introduction of three federal reforms.

Goldman Sachs' Profit Takes a Major Plunge in Q2

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Those of us who have stood aghast and watched as Goldman Sachs seemed to sail almost unscathed through the erupting economic catastrophe of the last two years (thank you, bailout!) might stop now for a moment of pure schadenfreude, as the megabank's profits took a precipitous dive in the second quarter of this year.

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