XLF July 15 Call Options Active, Second Mortgage Warning, Dagong on US Credit Risk (Reads)

`Big, Bold' Bet on U.S. Banks Rallying Drives Surge in Call-Option Trading - Bloomberg

Call Options on Financials ETF (XLF) in High Demand - Wallstreetpit.com
[July option expiration is on Friday, could be placing bets on earnings next week,
September/December calls also active, calendar spread]

Google Working On Secret New Ad Format: "Interactive Video Ads" - Business Insider

David Rosenberg: Odds Of Double-Dip Jumped Another 3% Last Week, ECRI - Business Insider (July 12)

Liening on banks: Second mortgages are next housing crisis - NY Post

Chinese credit firm says US worse risk than China  - AP

End of Census, and for Many, End of a Job - New York Times

Bank of America Admits To Repo 105-Like Fraud, Even As End Of Quarter Window Dressing Continues Unabated - Zero Hedge

Japan ruling party handed big defeat over tax plan - AP

Japanese Stocks Fall Amid Political Uncertainty; Mitsubishi UFJ Declines - Bloomberg

China confirms it renewed Google operating license - AP

Report: BP ponders $12B asset sale to Apache - AP

Copper Drops as China Purchases Unexpectedly Fall; Zinc Slumps - Bloomberg

China's yuan hit record high against USD on Monday - XINHUA NEWS

Lloyds unit to sell A$598 million auto-loan backed debt - Reuters

Bank of Korea raises growth forecast to 5.9 pct - AP