Hungary sludge spill nearly as large as Gulf oil disaster

What we're following:

- Government layoffs lead to big job losses

- Obama's national security adviser to step down

- Toxic sludge spill in Hungary nearly the size of Gulf oil spill

And did you see...

- Jailed Chinese dissident wins Nobel Peace Prize

- Former CNN anchor Lou Dobbs accused of hiring undocumented workers

- Happy 70th birthday, John Lennon

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