Things are not going well in the financial markets. This week we saw Europe’s financial situation take a turn for the worst with downgrades of debt of Greece, Portugal and even Spain. Is Italy next? I thought the most recent cover of the Economist says it all. If only that was the worst thing going on. I included a short video at the end of this post if you don’t know what has been happening in the Gulf of Mexico.

–The Feds vs Goldman Sachs @ RollingStone
–The spill disaster & the costs of the pursuit of profit @ TheDigetariLife
–The market and gold looking ahead @ StockTradingtogo
–Oil Service ETF (OIH) sinks on oil spill disaster @ ETFTrends
–Timing the stock market @ Four Pillars
–Chasing dividends with covered calls on SO @ MyTradersJournal
–Does Mark Zuckerberg believe in privacy? @ Twitter via Silicon Valley Insider
–Required steps when selling your house @ TheFinancialBlogger
–What is financial reading @ GreenPandaTreeHouse
–Netflix hiring for an international expansion @ Netflix