Monday morning links

TOP STORIES
U.S. Losses on Fannie, Freddie May Be $300 Billion, Poole Says - Bloomberg
Fannie, Freddie Credit-Default Swaps May Be Unwound - Bloomberg
OPEC considers cutting oil production - AP
S&P, Fitch slash Fannie, Freddie preferreds to junk - Reuters
Washington Mutual forces CEO out - report - MarketWatch
Lehman announces senior management changes - Reuters

MARKETS/INVESTING
Wall St set for frantic day after Fannie Mae and Freddie Mac bail-out - Telegraph
Unraveling according to schedule - MarketWatch
Oh, This Is Not Good - Hussman Funds
Oil Rises From Five-Month Low as Hurricane Nears, Dollar Eases - Bloomberg
Coming Soon: Mother of all Market Crashes - Commodity Online

ECONOMY
Like Pauline, Economy Faces Perils, Doesn't Die - Bloomberg
A Sigh of Relief, but Hard Questions Remain on U.S. Economy - NY Times
Light, or train, at end of tunnel? - Reuters

HOUSING
Falling home prices open doors - Ventura County Star
How to Recycle a Home - Zillow Blog
Fannie, Freddie deal helps some borrowers, not all - AP

FED/TREASURY/BANKING
U.S. Takeover of Fannie, Freddie Offers `Stopgap' - Bloomberg
Few Stand to Gain on This Bailout, and Many Lose - NY Times
Treasuries Beating U.S. Assets Vindicate Bernanke - Bloomberg
As Crisis Grew, a Few Options Shrank to One - NY Times

INTERNATIONAL
U.K. August Producer Prices Drop Most in 22 Years - Bloomberg
Russian GDP Probably Grew 7.6% in Second Quarter: Week Ahead - Bloomberg
Commodity Trends: Ban dampens interest in futures - Commodity Online
Asian stocks soar after Freddie, Fannie bailouts - AP

INTERESTING
Cruise lines change course to cut fuel - AP
Fish flies out of lake, breaks Arkansas teen's jaw - AP