Wikinvest Wire

Wednesday morning links

Wednesday, March 18, 2009

Outcry Builds for Recovery of A.I.G. Bonuses - NY Times
Why bailout money goes to banks, not us - SF Gate
Caterpillar to lay off 2,454 workers in 3 states - AP
Global gold craze ending; prices may plunge - Commodity Online
Is Gold Really the Safest Investment? - Time
Newspaper closings raise fears about industry - USA Today
Alberta comes back to earth - Globe & Mail
AIG Is Obligated To Pay Bonuses? Bull! - Your Mortgage or Your Life

Oil retreats towards $48 after U.S. stock build - Reuters
Gold Drops on Speculation Economies Will Improve - Bloomberg
Investment Strategy: “Being There” - Saut, Raymond James
Seinfeld Stock Rally Is Built on Empty Chatter: David Reilly - Bloomberg
Say goodbye to the flow-through trap - Globe & Mail
India, China to go for more gold reserves - Commodity Online

Higher gas, clothing prices push up CPI - Reuters
US current account deficit falls sharply in 2008 - AP
Economic Data Offers a Balm as Fed Meets - NY Times
$3,000-$5,000 incentive for car buyers proposed - USA Today
U.S. rural economy holds fast in recession - Reuters

World Bank cuts China's GDP forecast to 6.5% - CHINADaily
UK unemployment jumps at fastest pace on record - Telegraph
UK faces worse recession than US and Europe, IMF warns - Guardian
Crisis having "major" impact on central bank reserve management - Reuters
Lord Turner calls for sweeping revolution in financial services industry - Telegraph
Protectionism on Rise in 17 of the G20 — World Bank Report - WSJ Economics Blog
IMF poised to print billions of dollars in 'global quantitative easing' - Telegraph
Outlook for Swiss economy worsens - BBC

Southland median home price holds to $250,000 in February - LA Times
Blog Party! ‘Not sure anybody truly saw this coming’ - O.C. Register
Foreclosure sales have home market feeling down - Las Vegas Sun
Foreclosures account for 4 out of 10 O.C. home resales - O.C. Register

Fed Debates Injecting Credit Into Economy - Bloomberg
Fed scopes out options with key rate near zero - AP
Fed Debates Buying Government Debt - Bloomberg
Citigroup's top economist tapped for Treasury post - AP

Educators banking on penny drive - Miami Herals
Ghosts of a Gilded Age Haunt 19th-Century Chinese Banking Hub - NY Times
Five scams on the rise - CNN/Money


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