Tuesday morning links

TOP STORIES
Eastern Europe triggers new bank fears - Reuters
GM, Chrysler race to finish plan as deadline looms - AP
Legislature adjourns; governor prepares to lay off 10,000 - LA Times
Trump Entertainment files for bankruptcy - Reuters
Critiquing CNBC’s House of Cards and Its Role In The Crisis - News Dissector
How the Crash Will Reshape America - The Atlantic
Cheap gas is history, again - CNN/Money
Kansas budget crisis: State tax refunds on hold - KansasCity.com

MARKETS/INVESTING
Oil slips to $37 as demand for crude wanes - AP
Spot gold hits 2009 high above $960-ounce level - MarketWatch
How To Climb Out of the Global Financial Hole - Hussman Funds
Only One Seller Left? - Butler, Investment Rarities
Something still stirring precious-metals pond - MarketWatch
It's time to fix the 401(k) - CNN/Money

ECONOMY
NY Manufacturing Index Dropped to Record Low - Bloomberg
Economy Strains Under Weight of Unsold Items - Washington Post
Economic Stimulus Most Ambitious Since Roosevelt - Bloomberg
Wealthy cities discovering they're not recession-proof - LA Times
Government pension agency braces for recession - LA Times
Between a Rock and a Hard Place - Oxbury Publishing

INTERNATIONAL
China Loans Diverted to Stocks, Fueling Rally - Bloomberg
UK inflation falls to lowest in almost 50 years - Telegraph
Japan's finance minister calls it quits - MarketWatch
Shipping Index Surge Signals Commodity Currency Gains - Bloomberg
Does Japan’s economic implosion mean anything? - Credit Writedowns
Euro Drops on Concern Europe’s Turmoil to Worsen - Bloomberg
Trichet Says Must Not Lay Ground for Future Crises - Bloomberg
Spreads highlight Ireland fears - MarketWatch

HOUSING
Why your home's value will keep falling - MSN Money
Next Up, Housing Stimulus - KHON2
Final score: $8,000 for homebuyers - CNN/Money
Chambliss: Fix housing market first - Online Athens
Requirements For Buying A House - Don’t Lose Money - Geldpress

FED/TREASURY/BANKING
Fiscal Stimulus Is a Ruse Absent Fed Pixie Dust - Bloomberg
William Black: "There Are No Real Stress Tests Going On" - Naked Capitalism
Late Change in Course Hobbled Rollout of Geithner's Bank Plan - Washington Post
Banking’s Systemic Subprime Subterfuge - Your Mortgage or Your Life
Fed's Duke: vigorously enforce bank rules - CNN/Money
Post-Bubble Facts of Life - Noland, Prudent Bear

INTERESTING
President's Day - Kunstler, CFN
A 'fraud' bigger than Madoff - The Independent
Answer to budget cuts: Stop answering phones - AP

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