Tuesday morning links
Tuesday, April 28, 2009
TOP STORIES
• WSJ: Regulators urge BofA, Citi to boost capital - AP
• Daimler Reaches Deal to Unload Chrysler Stake - NY Times
• Mortgage "cramdown" laws needed: Warren - Reuters
• Chrysler and General Motors Make New Bids to Survive - Time
• Iraqi Oil: Black Gold or Black Hole? - The Oil Drum
• Fiat Currency: A 38-year experiment in inflation - Credit Writedowns
• Condé Nast to shut Portfolio magazine - MarketWatch
• The Joker - Kunstler, CFN
MARKETS/INVESTING
• Gold extends falls to below $900, ETF unchanged - NineMSN
• Easing bottleneck shifts the bet on oil futures - MarketWatch
• Hitting the Personal Financial Reset Button - BusinessWeek
• Target funds miss the mark - Fortune
• Dangerous Parallels - Butler, Investment Rarities
• “9½ Weeks” - Saut, Raymond James
ECONOMY
• People With Service Jobs Feel Economic Pain Early - NY Times
• Raised pandemic risk fuels fears for world economy - Reuters
• Treasury needs record $361B April-June borrowing - AP
• Home Vacancies Rise in U.S. to Record Amid Recession - Bloomberg
• Newspaper circulation declines 7% in last six months - MarketWatch
INTERNATIONAL
• Asian Stocks Fall on Bank Capital Concern; Ping An, JFE Slump - Bloomberg
• Tipping Point for U.S. Treasuries, From China's Perspective - Seeking Alpha
• China's oil demand fell by nearly 6% in Q1 of 2009 - Business 24/7
• China Demand Means Asia Exporters May Be Past Worst - Bloomberg
• Economist sees urbanization as leading growth engine - CHINADaily
• London Bankers Look for Exits After ‘Last Straw’ Tax Increase - Bloomberg
• Japan's March retail sales decline less than feared - MarketWatch
• About 20% of Asia Hedge Funds Shut Since January 2008 - Bloomberg
HOUSING
• Mortgage Modification Bill Faces Trouble in Senate - Wash. Post
• Santa Clara Co. Prices vs. Foreclosures - View from Silicon Valley
• Home Prices Set to Fall to 2002 Levels - The Truth About Mortgage
• Robert Shiller - Psychology and the Housing Market - Seattle Bubble
FED/TREASURY/BANKING
• Fed to maintain support for struggling economy - AP
• U.S. faces too many regulators: executives - Reuters
• The Fed: Our Next Troubled Bank? - iStockAnalyst
• FDIC's Bair: No bank is too big to fail - CNN/Money
INTERESTING
• Spain plans to build casino city - BBC
• The Pipe Organ That Steve Jobs Destroyed... - Silicon Valley Insider
• New Evidence of Torture Prison in Poland - Spiegel Online
• Nebraka police arrest naked and reckless driver - AP