Monday morning links

TOP STORIES
Lehman Files for Biggest Bankruptcy as Suitors Balk - Bloomberg
AIG, facing liquidity crisis, seeks Fed lifeline - Reuters
Bank of America to Buy Merrill - WSJ
The Social Imperative of Sound Money - Lew Rockwell
Fannie, Freddie Rescue Won't End Ripple Effect: John F. Wasik - Bloomberg
US in 'once-in-a-century' financial crisis : Greenspan - BreitBart.com
The funds hurt most by Fannie, Freddie - MSN Money

MARKETS/INVESTING
World stock markets sink on Wall Street crisis - AP
Oil Falls More Than $7 as Lehman Fails, Ike Spares Refineries - Bloomberg
Gold up post Lehman but off highs on oil slip - Reuters
Pump prices soar after Ike - USA Today

ECONOMY
Comparing the candidates' economic remedies - SFGate
Hurricane will send shock waves through Texas economy - Dallas News
Greenspan: U.S. Economy in Crisis - PoliGazette

HOUSING
O.C. homesellers’ price-cut hot spots - O.C. Register
Most local home sellers losing big bucks in deal - Signs on San Diego

FED/TREASURY/BANKING
Fed Loosens Standards on Emergency Loans - NY Times
Wilbur Ross sees about 1,000 bank closures: report - Reuters
Fed moves to deal with financial crisis - AP
'Franron' bailout: Good plan, bad news - MSN Money
Fed Widens Collateral, Banks Set Up $70 Billion Fund - Bloomberg

INTERNATIONAL
China cuts lending rates, small banks' reserves - Reuters
Europe Shuns U.S.-Style `Active Role' on Economy, Bank Bailouts - Bloomberg
BoE fails to avert stock market slump amid Lehman chaos - AFP
World May Face `Japan-Like' Economic Stagnation, GIC's Tan Says - Bloomberg
European Central Banks Ready to Inject Billions - NY Times

INTERESTING
Rover, call me an ambulance — dog calls 911 - AP
5 Things You Must Never Forget - LiveScience