Wikinvest Wire

Monday morning links

Monday, July 28, 2008

TOP STORIES
Housing rescue bill may fall short; who benefits? - USA Today
Worried Banks Sharply Reduce Business Loans - NY Times
Wall St sees SEC extending short-selling limits - Reuters
Credit crunch 'still worsening' - BBC
Commodities such as oil could be the latest bubble about to burst - Telegraph UK

MARKETS
Oil rises above $124 on Nigeria pipeline attack - Reuters
Some relief as gas prices fall - Christian Science Monitor
Is latest stocks bounce a suckers' rally? - USA Today

ECONOMY
Tax rebate checks are swallowed by economic malaise - LA Times
Demand soars as donations decline at L.A.-area food banks - LA Times
U.S. Deficit to Hit Record $490 Billion in 2009, Official Says - Bloomberg

HOUSING
Mortgage crisis: Welcome to sub-prime capital, USA - Guardian
Freddie, Fannie `Fair Values' Hardly Look Fair - Bloomberg
'Stealth' Housing Bailout: It's Bigger Than You Think - CNBC

FED/TREASURY
The repugnant bailout nation - MSN Money
Ben Bernanke’s Hush Money - Lew Rockwell.com
Too Big to Fail, or to Survive - NY Times

INTERNATIONAL
Fuel Subsidies Overseas Take a Toll on U.S. - NY Times
Economics: Eurozone may beat Britain to recession - Guardian
Investors Despair as India's Budget Hemorrhages - Bloomberg
German shopper mood at 5-year low - BBC
U.S. slams China, India on trade talks - AP

INTERESTING
Who's a journalist? - LA Times
California school districts ending or reducing bus service for students - LA Times

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