Wikinvest Wire

Monday morning links

Monday, November 03, 2008

TOP STORIES
German Bank Seeks $10.5 Billion in Bailout Aid - NY Times
Libor for Dollar Declines to Lowest Since Lehman's Bankruptcy - Bloomberg
European banks suffer, recession a reality - Reuters
CEOs, famous investors hit hard by market plunge - BusinessWeek
Economy sinks as we save bankers - MSN Money
Wanted: a fiscal framework for depression and recovery - Telegraph
OPEC gears up for deep output cuts - Reuters

MARKETS/INVESTING
BRICs See No Relief Even as Rally Lures Stock Bulls - Bloomberg
Oil slips, despite firming stock markets - AP
Gold rises 1 pct as dollar weakens, equities firm - Reuters
Value Dinosaurs - Hussman Funds

ECONOMY
Rush of economic data likely to shape week - AP
Commodities Send Sell Signal Before Long Recession - Bloomberg
Gloomy NABE Survey Points to U.S. Jobless Jump, Recession - WSJ Econ Blog

HOUSING
O.C. home demand up 98% in a year - OC Register
JPMorgan Chase Freezes Foreclosures - BusinessWeek
Hottest housing news from October - OC Register

FED/TREASURY/BANKING
Effectiveness of AIG's $143 Billion Rescue Questioned - Wash. Post
Bernanke's Fed Chasing Down the Global Infection - Bloomberg
U.S. crisis effort may have further roiled markets: Lacker - MarketWatch
Loss in confidence in banks causes huge shifts in deposits - USA Today

INTERNATIONAL
China economy should remain relatively robust -IMF - Reuters
Mideast called on to shore up IMF - Globe & Mail
China Housing market still down despite new policy - CCTV
UK manufacturing shrinks again - BBC
Some owners deserting factories in China - LA Times

INTERESTING
Lehman Good-for-Retirement Notes Worth Pennies for UBS Clients - Bloomberg
Seeking Shelter in Business Schools - Wash. Post

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