Click here to view the mobile version of this newsletter. | DOW | 8122.8 |  | -105.30 | -1.28% | | NASDAQ | 1465.49 |  | -41.58 | -2.76% | S&P | 827.5 |  | -12.74 | -1.52% | | | | | 1. Whitney Blames BofA  Discussing Thain's departure and the state of financial stocks, with Meredith Whitney, Oppenheimer & Co. and CNBC's Maria Bartiromo. | | | | 2.Thain Out  John Thain will leave Bank of America, reports CNBC's Charlie Gasparino; Steve Grasso, Stuart Frankel; Bob Pavlik, Banyan Partners and John Brady, MF Global | | | | 3.Chinese Crash Inevitable  China's sharp decline in GDP growth is not a surprise to Julian Pendock from Senhouse Capital. "The stimulus package can cushion the blow, much like an airbag in a car, but it doesn't prevent the crash," he added. | | | | CNBC.com BLOG OF THE DAY | |  | |  | Aesop Was Wrong And Now We're Paying For It Summary: When it comes to money there are two kinds of people, grasshoppers and ants. Aesop nailed this distinction 2,500 years ago, but he messed up the moral of his story and we've been paying for it ever since. Grasshoppers are all about immediate gratification. See All CNBC.com Blogs | | |
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