• After ponying up $32.2 billion to clean up the Gulf Oil Disaster and compensate its victims, BP may come to owe an additional $17.6 billion in civil penalties -- $1,100 a barrel if the spill wasn't BP's fault, $4,300 a barrel if it was. [BusinessWeek]
• In an effort to remain solvent, the U.K. plans to cut its budget. That's too bad for U.K. contractors, who won't remain solvent unless the government keeps spending tons of money. [Bloomberg]
• Remember the May 6 "Flash Crash," when the Dow dropped more than 900 points because evil machines had taken over the New York Stock Exchange? Those evil machines will probably attack again. [WSJ]
• American investors and politicians are so ungrateful for the second-quarter upswing in corporate profits, perhaps because of that whole "widespread unemployment" thing. [Economist]
• Speaking of jobs, the Labor Department will tell us this morning just how many more of them our economy lost in July. The over-under's at 60,000. [MarketWatch]
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