Around the Web: Gross domestic product – Wikipedia, the free encyclopedia List of countries by GDP (nominal) – Wikipedia, the free encyclopedia Yahoo! Briefing Economic Calendar Terms UK GDP Surprise Gave Markets A Dose Of Reality

This week, Obama’s pay czar announced he’d be slashing executive pay at seven of the biggest recipients of bailout billions. So it’s no surprise that many of Wall Street’s Masters of the Universe didn’t turn up at the New York fundraisers President Obama spoke at — choosing instead to attend a party thrown to toast the release of Too Big Too Fail , Andrew Ross Sorkin’s blow-by-blow of the meltdown. There, indulging in cocktails and finger food, were many of the central players, including Jamie Dimon of JP Morgan and John Mack of Morgan Stanley.

New York Times : FOR decades, when troubled homeowners and banks battled over delinquent mortgages, it wasn’t a contest. Homes went into foreclosure, and lenders took control of the property. On top of that, courts rubber-stamped the array of foreclosure charges that lenders heaped onto borrowers and took banks at their word when the lenders said they owned the mortgage notes underlying troubled properties.

Around the Web: Bank Closings Hit 101 For Year; Most Since 1992 First DuPage Bank – Westmont, Illinois FDIC: Failed Bank Information – Bank Closing Information for First … Calculated Risk: Bank Failure 106: First Dupage Bank, Westmont …