Wikinvest Wire

Monday morning links

Monday, August 11, 2008

TOP STORIES
Fannie's capital to remain under pressure: analyst - Reuters
FDIC Fund Strained by Bank Failures May Have to Raise Premiums - Bloomberg
Credit unions hit by mortgage-market problems: report - Reuters
This credit crisis is like the plague and nobody is safe yet - Telegraph
Investors hopeful for stocks as bear takes oil down - USA Today

MARKETS
Oil rises on Russia-Georgia conflict - AP
Gold up from 3-month low as firm oil fuels buying - Reuters
Slept Through Rice Age, Awoke to Commodity Bear - Bloomberg
Undaunted gold bug Murphy looks to East - MarketWatch

ECONOMY
Economic Slump in U.S. to Worsen as Consumers Get `Squeezed' - Bloomberg
Consumer spending heading for a fall - MarketWatch
One on One with David Rosenberg - Credit Writedowns
Gas prices continue to drop across the nation - AP

HOUSING
Lost Sovereignity: Oil-rich fund eyeing foreclosed U.S. homes - NY Post
How to wow your mortgage lender - MSN Money
In Various Ways, Economists Try to Find Right Price for a Home - NY Times
He's Not Buying It - BusinessWeek

FED/TREASURY/BANKING
Paulson: Bush right on Wall Street 'hangover' quip - USA Today
Paulson vows to resign in January - MarketWatch
Greenspan's `Age of Froth' Is Over for Decade - Bloomberg
Paulson Says No Plans to Add Cash to Fannie, Freddie - Bloomberg
Crybaby capitalists whine for more - MSN Money

INTERNATIONAL
America’s decline will not be easily reversed - Financial Times
China shares hit 19-month low on economic fears - AP
Canada June new-home prices soften on the year - Reuters
Japan stimulus package to focus on inflation - MarketWatch

INTERESTING
Heating oil prices turn firewood into hot commodity - USA Today
Cash-strapped states quicker to seize unused accounts - USA Today

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