Econ Breakfast Briefing: New Jersey on Edge of Bankruptcy. What to expect from CRE crisis. Home Prices Fell 12% in 2009.

• Governor Christie Declares "New Jersey on Edge of Bankruptcy" - globaleconomicanalysis
• Hotel RevPAR Off 5.6 Percent - calculatedriskblog
• What to Expect From the Commercial Real Estate Crisis - minyanville
• Break Up With Your Bad Big Bank This Valentine's - consumerist
• New Jersey: State of Fiscal Emergency - calculatedriskblog

• Pitiful $16 Billion 30 Year Auction Closes At 4.720%, Record Direct Take Down Of 24.07% - zerohedge
• Obama Forecast: 95,000 Jobs per Month in 2010, Unemployment rate at 10% - calculatedriskblog
• Strategic Non-Foreclosure Becomes Official Policy - ritholtz
• Job Plan Cut Back to Four Items Including Tax Break - bloomberg
• Thanks To Bank Of America's Crappy Online Payment System, Your House Is Getting Foreclosed - consumerist

• Heard on the Street: Google Takes on the Telecoms - online.wsj
• Corporate Bond Yields Offer Hint Party Is Over - globaleconomicanalysis
• Citi's Deed-in-Lieu Program, COP Report on CRE, and Greece - calculatedriskblog
• Home prices fell 12% in 2009 - Feb. 11, 2010 - money.cnn
• Jobless claims fall markedly - creditwritedowns

• Congressional Panel "Deeply Concerned" over Commercial Real Estate - cnbc
• Administration Seizes on Rate Increase to Jump-Start Health Plan - online.wsj