Wikinvest Wire

Tuesday morning links

Tuesday, November 25, 2008

Home prices plunge record 17.4 percent in September - Reuters
Fed unveils $200 billion plan to bolster consumer lending - MarketWatch
Without bailout, carmakers' road ahead is full of potholes - LA Times
This Fed Challenge Readies New Class of Leaders - Bloomberg
Rogers Says Dollar to Be `Devalued,' Buys Commodities - Bloomberg
U.S. average gasoline price drops below $2 a gallon - LA Times
Anatomy of a Meltdown - New Yorker

Oil dips after rally - CNN/Money
Gold rises for fifth day on falling dollar, GDP data - MarketWatch
Philosopher editor bucks worst of all markets - MarketWatch
Workers cautious about 401(k) investment: study - Reuters
After 'GD2' in 2011, a 100-year bear market? - MarketWatch

Obama promotes fiscal restraint, big spending - AP
U.S. Q3 GDP revised down to - 0.5% - MarketWatch
Holiday spending slashed - survey - CNN/Money
Zombie Economics - Kunstler, CFN

UK to suffer 'severe' recession - BBC
Canada retail sales soar past expectations - Globe & Mail
China Needs to ‘Rebalance’ Economy, World Bank Says - Bloomberg
Australian, N.Z. Dollars Pare Gains Amid U.S. Recession Concern - Bloomberg
BHP Abandons $66 Billion Rio Bid as Commodities Slump - Bloomberg
In China, a bitter reckoning - Globe & Mail
Is Britain going bankrupt? - Telegraph

Home prices in record decline - CNN/Money
Mass. home sales rise, but prices fall -
Weaker housing market, incomes dog Santa Cruz County residents - Mercury News
Foreclosures, delinquencies skyrocketing among 'prime' borrowers - LA Times
ING DIRECT Suspends Foreclosures - HousingWire

Time for the Fed to start manipulating mortgage rates? - LA Times
Fed Commits $800 Billion More to Unfreeze Lending (Update1) - Bloomberg
At this rate, the government will need a bailout too - MarketWatch
Another Crisis, Another Guarantee - NY Times

GM ends 9-year endorsement relationship with Tiger Woods - USA Today
People Said to Believe in Aliens and Ghosts More Than God - LiveScience

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