Some things I’m reading this morning:

  • European Central Bank President Mario Draghi’s pledge to save the Euro is sending global markets, the Euro and U.S. pre-market futures higher. At this point, however, they’re just words (CNBC)
  • Facebook’s first earnings report as a public company (Businessweek)
  • More fallout from Sandy Weil’s hypocrisy:  first, the real significance of Weil’s ‘Break up the bank’ recommendation (NakedCapitalism); Next, we might as well unleash the hounds and let Charlie Gasparino bury the subject for us with his rather accurate rant (HuffingtonPost)
  • Speaking of rants, Josh goes ballistic on the brokers for ‘peddling’ products with high fees (TRB)
  • According to Goldman Sachs US Economics Jan Hatzius, US Growth is likely to rebound after having been revised downwards for the last few months (PragmaticCapitalism)
  • German finance minister declares that the markets have it wrong just before heading off on a 3-week vacation (Bloomberg)
  • Greg Mankiw, the esteemed chairman and professor of economics at Harvard reveals what he’s been watching as of late:  Breaking Bad on AMC (GregMankiw’sBlog)
  • Olympics watch:  London Mayor Boris Johnson welcomes the world to the olympics (LaughingSquid)
  • Speaking of welcomes, a bunch of frat guys welcome basketball star Steve Nash to LA by handing him a beer while driving 70 MPH on the freeway. Scroll down a bit after hitting the link (YahooSports)