1. Greek police warrant EU/IMF officials arrest. 2. Chinese Oil imports hit their highest in history. 3. Troika Debt agreement no longer. 4. Consumer credit surpasses confidence by $20 billion. 5. S & P downgrade 34 of 37 Italian Banks. 6. Obama projects record 2012 deficit. 6. Bernanke admits housing failure. 7. Investigation into Bank fraud. www.thefinancialreality.com