Wikinvest Wire

Friday morning links

Friday, February 20, 2009

BofA's CEO Lewis subpoenaed by Cuomo - AP
Swiss bank shares tumble as UBS tax probe widens - Reuters
Southern California home prices fall to 2002 levels - Times
BOE: Risk of Decade-Long Depression Like Japan - Bloomberg
U.S. Tries a Trillion-Dollar Key for Locked Lending - NY Times
FBI tracks down Texas financier in fraud case - AP
Go for ETFs to cash in on Gold boom - Commodity Online
Five Easy Pieces Plan Flies Over Cuckoo’s Nest - Bloomberg

Gold hits 11-mth high, eyes $1,000 on haven demand - Reuters
Oil Falls on Concern Recession Is Deepening - Bloomberg
Dow ends at lowest close in more than 6 years - AP
Newmont swings to profit as gold gains - MarketWatch
Indian buyers dump gold, embrace platinum - Commodity Online
Both Dow Industrials and Dow Transports at new lows - MarketWatch

U.S. Consumer Prices Rose 0.3% in January - Bloomberg
Feb. could be worst month yet for jobless claims - AP
SF Fed economist sees worst job losses in 50 years - Reuters
The meaning of 'living within your means' - CNN/Money
Philly Fed factory index tumbles in February - Reuters

IMF expects more requests for aid - BBC
Euro zone economic downturn gathers pace - AP
China Pressures HSBC, Citi to Join Local Banks’ Lending Binge - Bloomberg
Lib Dems propose Government-backed starter home loans - TimesOnline
ECB At a Loss on Additional Steps as Rates Fall to Record Low - Bloomberg
Europe can solve problems in-house, Lagarde says - MarketWatch
U.S., Europe May Jointly Regulate Credit Derivatives - Bloomberg
Germany reportedly ready to shore up IMF if needed - MarketWatch

Jumbo Defaults Rise at Fastest Pace Since 1992 as Rich Suffer - Bloomberg
Southland home sales rise on inland surge; median price falls again - DataQuick
Lower prices boost Bay Area home sales - SF Gate
How can lender say no to refi when payment will be lower? - MarketWatch

Fed Assets Rise to $1.92T After Mortgage Bond Purchases - Bloomberg
Modest recovery still in cards, Fed's Lockhart sa - MarketWatch
Banks, investment firms borrow more from Fed - AP
Money supply, in vogue again? - MarketWatch

The Problem with HSAs - CNN/Money
Gold price rise boosts imitation jewellery trade - Commodity Online


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