Wikinvest Wire

Sunday morning links

Sunday, February 15, 2009

TOP STORIES
Savoring win, Obama celebrates `major milestone' - AP
GM, UAW talks break off and Chrysler talks stall - Reuters
G-7: ‘Severe’ Downturn to Persist, Vows to Reverse Slump - Bloomberg
Trump casino firm faces forced revamping: report - MarketWatch
The Worst Misstep: Geithner Added to the Doubt - NY Times
Depression survivors remember hope - LA Times
Bank failures: 13 in 2009 - CNN/Money
Why Indians shy away from Gold ETFs - Commodity Online

MARKETS/INVESTING
Hints of Which Sectors Will Weather the Storm - NY Times
Gold offers safety in perilous economic waters - Russia Times
Investors anxious for clarity on bank plan - Reuters
No buyers for gold in Saudi, jewellers cut prices - Commodity Online
US official: dollar will emerge stable from crisis - Reuters
'Buy gold. It'll only rise from here' - DNA India

ECONOMY
Surviving recession: A consumer guide - LA Times
Axelrod: Effects of stimulus will be seen soon - AP
Las Vegas Sags as Conventions Cancel - NY Times
As Stimulus Grows, So Does Task of Closing Whopping Deficit - Washington Post
Go Ahead and Save. Let the Government Spend. - NY Times

INTERNATIONAL
ECB Policy Makers Signal no Rush to Start Unconventional Tools - Bloomberg
Failure to save East Europe will lead to worldwide meltdown - Telegraph
China Says There’s Room for Low Rates to Spur Economy - Bloomberg
Rise in Jobless Poses Threat to Stability Worldwide - NY Times
Russian Economic Position Is ‘Absolutely Stable,’ Medvedev Says - Bloomberg
CBRC Official Says U.S. Bonds Not Only Option, China News Says - Bloomberg
Bank loans see striking rise in Jan - ChinaDaily

HOUSING
Headed for foreclosure? Here's what to expect - LA Times
2 Florida banks temporarily halting foreclosures - AP
Summers Says Obama Mortgage Plan to Focus on Lowering Payments - Bloomberg
Realtors(R) Advocate Quick Implementation of Stimulus Package - MSNBC

FED/TREASURY/BANKING
Geithner earns G7 trust, bank plan still to convince - Reuters
Treasury Boss Taking Fire in Europe Over Stimulus - NY Times
Geithner Reassures G-7 on U.S. Financial Rescue Plan - Bloomberg
Don't miss a credit card payment, or the APR could soar - LA Times

INTERESTING
Charlotte in same predicament as Wall Street - AP
Bad Economy? Good Excuse - NY Times

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