Greece CDS, New BP Low, Albert Edwards on Recession, EUR/USD May Weaken 20%, XLF Put Protection (#finreg), VIX Upside Calls, Hungary Bond Auction

Greece puts its islands up for sale to save economy - Guardian
Greece Closing CDS: 1126.85bps +192.66 +20.62% (#1 sovereign default risk) - CMADatavision 
One Big Difference Between Chinese and American Households: Debt - Forbes
VIX traders get into AUG upside calls - OptionMonster video
Hungary Debt Auction Misses Target for Second Time - BusinessWeek (h/t fuTuRe_sHOcK)
ChartCast - Market Update - 6/24 - SPY Descending, DIA Below 200-DMA, UUP at 50-DMA - Link
Meet The New Regime: Welcome AUDJPY, Goodbye EURJPY - Zero Hedge
Albert Edwards Sees New Recession By End Of Year, Market Collapsing - Zero Hedge
Gross Vows This Time Different as El-Erian Leads Equities Push- Bloomberg
Guy Adami, Jon Najarian, Steve Grasso and Patty Edwards see lower market - Fast Money
Euro May Weaken 20% Against the Dollar on Deflation, RBS Says - Bloomberg
"Pessimistic options players establishing bearish positions on the XLF (#finreg) - OptionsIntel
Homebuilder Default Swaps Rise as New Sales Fall to Record Low - BusinessWeek (6/23)

and last but not least, BP made a new low today and closed at $28.74.

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