• Greece forecasts problems with budget-deficit goals. Greek officials estimate the deficit to be above 8.5% of GDP with tax collections cratering: WSJ
• Markets await U.S. jobs data. Concern about latest confidence data is lowering expectations for the release: Reuters
• The U.S. is said to be ready to sue a dozen large banks over mortgages. Fannie Mae and Freddie Mac accuse them of misrepresenting loan quality. The agencies and the FHA claim that the due diligence required by securities law was not implemented: NYT