Monday morning links

TOP STORIES
• GM Bankruptcy Probable, UAW Favored Over Bondholders - Bloomberg
• BofA, Citigroup working to raise $10 billion: report - MarketWatch
• Buffett: ‘No Signs’ of Recovery in Housing, Retail - Bloomberg
• Why Congress Won't Investigate Wall Street - WSJ
• Victims: Madoff Trustee Not Looking Out for Us - New York Post
• Fat public sector sickens California - Grand Forks Herald
• How Lehman Brothers Got Its Real Estate Fix - NY Times
• The prophets of doom - Salon

MARKETS/INVESTING
• Gold firms on weak U.S. dollar, Chinese buying - Reuters
• Crude Oil Declines After Reaching Five-Week High - Bloomberg
• Stock market rally under stress - CNN/Money
• The End of Personal Finance - The Big Money
• Investment Outlook: 2+2=4 - Gross, Pimco
• Comfortable with Uncertainty - Hussman Funds

ECONOMY
• Worries Rise on the Size of U.S. Debt - NY Times
• Boston Globe could file shutdown notice Monday - Reuters
• High gas prices drive changes in fuel consumption - LA Times
• Warren Buffett: Inflation on the horizon - CNN/Money
• Falling Wage Syndrome - Krugman, NY Times

INTERNATIONAL
• Asian markets soar on economic hopes - CNN/Money
• China marriage boom to boost jewellery trade - Commodity Online
• China's manufacturing sector returns to growth, data show - MarketWatch
• EU Says Europe Economy to Shrink 4%, ‘Free Fall’ Over - Bloomberg
• Asian nations agree to form $120 billion 'liquidity pool' - MarketWatch
• Brazil Stocks Lure Most Foreign Inflows in a Year - Bloomberg
• House prices will stay in the doldrums until 2013 - Citywire
• Europe must learn from Japan’s experience - FT

HOUSING
• The Next Housing Bust - WSJ
• U.S. Home Prices May Be Lost for a Generation - Bloomberg
• Why are Opening Auction Bids Below The Loan Balance? - RCG
• Vacant foreclosed homes spawn blight, crime - SF Gate

FED/TREASURY/BANKING
• Bernanke To Face Tension On the Hill - Wash. Post
• Among Democrats, a rift over siding with banks - CSM
• Tests of Banks May Bring Hope More Than Fear - NY Times
• Treasurys flat ahead of debt sales - CNN/Money

INTERESTING
• Ancient tsunami 'hit New York' - BBC
• You Have Got Mail -- From Nigeria - Barron's
• California's Water: A Vanishing Resource - Signs on San Diego
• Do You Use an RSS Reader? - Mashable

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