Wikinvest Wire

Tuesday morning links

Tuesday, March 03, 2009

Downturn to be considerably deeper than IMF forecast - Reuters
Toyota, Facing First Loss in 59 Years, Seeks Loans From Japan - Bloomberg
Citigroup to lower some mortgage payments - AP
College-Savings Plans in U.S. Shrank $23.4B Last Year - Bloomberg
Few takers for gold jewellery in Gulf countries - Commodity Online
Why the AIG bailout just keeps getting bigger - Curious Capitalist
Buffett’s Berkshire Cuts Jobs, Closes Facilities - Bloomberg
Pension bombs going off - Chicago Business

Stock fund shareholders retreat, sell out - USA Today
Oil Rebounds Amid OPEC Outlook, Nigeria Attack - Bloomberg
Old gold flow hits India’s bullion imports - Commodity Online
Retirement losses: What now? - CNN/Money
Message to the US Mint: Your Customers Are Not Happy - Mint News Blog
Where Are Rogers, Faber and Casey Investing? - Seeking Alpha

U.S. Jan. pending home sales down 7.7% - MarketWatch
Recessions, depressions, take your pick - BusinessWeek
‘Tidal wave’ of homeless students hits schools - MSNBC
Oracle of Omaha Warns of 'Onslaught of Inflation' - Seeking Alpha
Manufacturing index shows surprise rise - CNN/Money

Lending Rate to 0.5%, Lowest Ever - Globe & Mail
Switzerland enters recession - MarketWatch
Darling Suggests BOE May Print Money This Week - Bloomberg
Northern Rock mortgage arrears soar 394% - Guardian
Australia keeps policy rate unchanged - MarketWatch
Ukraine risks unrest as ills worsen - Financial Times
Most Asian Stocks Decline on Economic Concern - Bloomberg
China to Send Investment Mission to Europe - Bloomberg

Mortgage delinquencies up for 8th straight quarter - AP
73% of Vegas home sales are foreclosures - OC Register
Metro Detroit home sales up, but prices drop by 48.4 percent - Detroit News
More on Decelerating Home Price Declines - Voice of San Diego

‘Unscathed’ JPMorgan Said to Reap $5B Derivatives Profit - Bloomberg
Fed's Lockhart says U.S. banks still under strain - Reuters
New program could boost lending by $1 trillion, Fed says - MarketWatch
Get bad assets off bank books: Fed's Rosengren - MarketWatch

What Next? - Kunstler, CFN
Starbucks Addresses the Price Issue, and Breakfast - NY Times
Jim Rogers: Let AIG Go Bankrupt, Not America - CNBC


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