Wikinvest Wire

Tuesday morning links

Tuesday, October 21, 2008

TOP STORIES
European Money-Market Rate Drops to Lowest Since Lehman Failure - Bloomberg
U.N.: Crisis will lead to 20M lost jobs - CNN/Money
Alternative Energy Suddenly Faces Headwinds - New York Times
Foreclosure shopping fuels ‘unprecedented’ SoCal rebound - OC Register
Bernanke breathes life into another stimulus bill - AP
Misinterpretation of Gold Lease Rates - Seeking Alpha
The Financial Crisis Blame Game - BusinessWeek

MARKETS/INVESTING
Dollar climbs as demand for cash trumps fundamentals - Reuters
Oil above US$74 as OPEC eyes production cut - AP
Investors fleeing market, their return uncertain - MarketWatch
Gold Declines in London as Dollar Advances, Equities Climb - Bloomberg

ECONOMY
The Coming Pink Slip Epidemic - BusinessWeek
Turmoil May Make Americans Savers, Worsening `Nasty' Recession - Bloomberg
Economic Stimulus Gains Traction - Washington Post

HOUSING
Key to the Crisis: It's the Housing Market, Stupid - Time
September home sales up 65% from last year in Southern California - LA Times
Fitch: Housing Prices Have 10% to Go Before Stabilizing - WSJ Economics Blog
Bernanke endorses fiscal stimulus - MarketWatch

FED/TREASURY/BANKING
How Will Paulson Pick Bank Winners and Losers? - BusinessWeek
U.S. Is Said to Be Urging New Mergers in Banking - NY Times
Fed's Lockhart Says U.S. Weakness to Persist in 2009 - Bloomberg

INTERNATIONAL
Pensions crisis as share falls leave company schemes facing cash shortage - Times Online
Sweden launches financial rescue package - Telegraph
China Plans to Bolster Its Slowing Economy - NY Times
French Bistros File Record Bankruptcies as Le Big Mac Reigns - Bloomberg
Collapse in mortgage lending intensifies - Times Online
French banks rally after $14 billion capital boost - MarketWatch
Loonie falls sharply on anticipation of rate cut - Globe & Mail
Haarde's Free-Market Embrace May Prompt Backlash by Icelanders - Bloomberg

INTERESTING
How to save $8,919.45 a year - CNN/Money
Gettysburg's Cannons Roar Again as Cyclorama Restored - Bloomberg

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