Monday morning links

TOP STORIES
• AIG enters record books with $61.7 billion loss - Reuters
• HSBC seeks $18 billion in capital, cuts 6,100 jobs - IHT
• We need shock and awe policies to halt depression - Telegraph
• Nationalization isn't the worst fear - Fleckenstein, MSN Money
• Some Banks Must Die So the U.S. Economy Can Live - Bloomberg
• Is US response to financial crisis strong enough? - CSM
• Fair value: BoA shares - FT Alphaville
• Jim Rogers Doesn't Mince Words About the Crisis - BusinessWeek

MARKETS/INVESTING
• Oil drops below $43 on economic pessimism - Reuters
• Plenty of Room for Gold to Go Higher - Seeking Alpha
• Smart traders know oil's retreat is temporary - MarketWatch
• Stock prices and fundamentals - EconBrowser
• Deutsche Bank analyzes oil production costs - Oil & Gas Journal
• How CEOs steal from your 401(k) - MSN Money

ECONOMY
• Consumer spending rises in Jan., unlikely to last - AP
• Grocers, food producers at odds over prices - LA Times
• Managing a stimulus windfall - CNN/Money
• The great repression - The Australian
• Worst job losses in 60 years expected - MarketWatch

INTERNATIONAL
• Euro sinks on lack of aid for Eastern Europe - MarketWatch
• IMF likely to downgrade forecasts to global growth - Reuters
• Will Italy have to turn to gold? - MarketWatch
• Economic crisis threatens the idea of one Europe - IHT
• BIS Quarterly Review(.pdf) - BIS
• China’s Manufacturing Shrinks as Crisis Cuts Demand - Bloomberg
• The Great Solvent North - NY Times
• Asia to be hit worse if immigrants in UAE lose their jobs - MarketWatch

HOUSING
• Take responsibility for housing fiasco - Baltimore Sun
• Sellers struggle with housing market - Fox Tampa
• Bailing out homeowners will not fix housing market - Huffington Post
• Mutiny at the Market - Los Angeles Downtown News

FED/TREASURY/BANKING
• When Does Faith in Financial Engineering Wane? - Tim Duy's Fed Watch
• Buffett says U.S. Treasury bubble one for the ages - Reuters
• FDIC: $19 billion now backs over $4.8 trillion - Option Armageddon
• Fed helping ease crisis, not fiscal policy - Reuters

INTERESTING
• Wall Street pulling out of Hollywood - CNN/Money
• A side of Cancun not seen during spring break - LA Times
• MI5 Alert On Bank Riots - InfoWars

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