Monday morning links
Monday, April 20, 2009
TOP STORIES
• BofA Profit Rises on Housing, Trading Gain - Bloomberg
• With IBM out, Oracle jumps in to buy Sun for $7.4B - Yahoo! Tech
• Citigroup Credit Losses Rising Rapidly, Goldman Says - Bloomberg
• U.S. May Convert Banks’ Bailouts to Equity Share - NY Times
• Idea of quick GM bankruptcy filing meets with skepticism - USA Today
• Gold yields an annual average return of 26%: WGC - Commodity Online
• Goldman Sachs Love Blog Is Now for Sale to Anyone - Bloomberg
• Gold price could hit $1,500 - Telegraph
MARKETS/INVESTING
• Oil falls below $48 as investors eye US earnings - AP
• Gold steady near 3-mth low, ETF falls for second day - Reuters
• EMs have the potential to raise Crude to $72 - Commodity Online
• Gloom about gold, except among the radical bugs - MarketWatch
• Funds try to spot the great oil rebound - Telegraph
• Wishful Thinking - Hussman Funds
ECONOMY
• US economy facing 'substantial risks' - Telegraph
• Some lose a job and become an entrepreneur - USA Today
• Southern California office market is hammered by recession - LA Times
• As General Growth Stumbles, Region Joins Retail Slump - Wash. Post
• What Good Are Economists Anyway? - BusinessWeek
INTERNATIONAL
• A Bigger, Bolder Role Is Imagined For the IMF - Wash. Post
• Just sketch out the route ahead, Mr Darling - Telegraph
• China sovereign wealth fund may invest in Europe - AFP
• Australia’s Producer Prices Unexpectedly Decline 0.4% - Bloomberg
• Number of workers in overdraft 'doubles in two years' - Telegraph
• Toyota Banks on Big Being Better in China - Bloomberg
• Canadians frugal, but less fretful - Globe & Mail
• Darling looks beyond the recession - Guardian
HOUSING
• Housing Data Could Signal If Bust Is Over - Wash. Post
• Chancellor's £50bn home loans boost - Guardian
• The Housing Pox: Is It Nearing an End? - Kiplinger
• Is the housing market about to recover? - BBC
FED/TREASURY/BANKING
• The Fed is now peddling inflation - MSN Money
• Zero Percent on Treasury Bills as China, Fed Converge - Bloomberg
• U.S. bank lending drops in February despite bailouts - Reuters
• Volcker: Fed Authority Probably to Be Reviewed - Bloomberg
INTERESTING
• Layoffs are driving change among the Amish - LA Times
• CalPERS, CalSTRS award big bonuses despite losses - SacBee
• Iraq Stock Exchange goes electronic - USA Today