Wikinvest Wire

Monday morning links

Monday, August 18, 2008

TOP STORIES
U.S. likely to recapitalize Fannie, Freddie - Reuters
No Limit to Greenspan's Once-In-A-Century Events: Caroline Baum - Bloomberg
Linens 'n Things plans bankruptcy exit - Reuters
Dollar surge will not stop America feeling the effects of a global crunch - Telegraph
Morgan Stanley sees more finance crisis pain - Reuters

MARKETS
Oil Little Changed as Tropical Storm Fay Nears Gulf of Mexico - Bloomberg
Gold firmer but off highs as dollar steadies - Reuters
Gold, Crude Oil prices are not bubbles - Commodity Online

ECONOMY
Bracing for Inflation - BusinessWeek
State joblessness reaches a 12-year high, expanding beyond real estate - Sacramento Bee
Export Boom Helps Farms, but Not American Factories - NY Times

HOUSING
Subprime Loan Buyer Gets Dubai-led Investment - HousingWire
Weak rules cripple appraiser oversight - AP
Vultures dominate Manteca housing - Manteca Bulletin

FED/TREASURY/BANKING
Now Greenspan doesn't like bailouts? - MSN Money
Bernanke Tries to Define What Institutions Fed Could Let Fail - Bloomberg
US banks scramble to refinance maturing debt - Financial Times

INTERNATIONAL
Homeowners dropping house prices by £5,000 - Telegraph
Record profits for BHP Billiton - BBC
China Fuel-Price Increases Shift Losses to Fishermen - Bloomberg
Growth concerns dent China shares - BBC
Business fears recession if BOE does not cut rates - Guardian

INTERESTING
China's Changfeng had talks on GM's Hummer: source - Reuters
Lower costs, higher morale benefits of four-day work week - Globe & Mail
Inventors are sure cars can fly - USA Today

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