Tuesday morning links

TOP STORIES
• 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

MARKETS/INVESTING
• 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

ECONOMY
• 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

INTERNATIONAL
• 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

HOUSING
• 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

FED/TREASURY/BANKING
• ‘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

INTERESTING
• 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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