Sunday morning links

TOP STORIES
• All Eyes Turn to GM And Its Bondholders - Wash. Post
• UAW wins big Chrysler stake but can't run company - AP
• Chrysler’s Fall May Help Administration Reshape G.M - NY Times
• White House Threatened To Destroy Perella Weinberg's Reputation - Zero Hedge
• Berkshire’s Munger: ‘Venal’ Banks May Evade Needed Reform - Bloomberg
• Chrysler's Bankruptcy Deals Blow to Affiliates - WSJ
• The Greatest Cost - Noland, Prudent Bear
• Three more banks fail - CNN/Money

MARKETS/INVESTING
• Gold May Be ‘Off to the Races’ Above $950 - Bloomberg
• Dollar-cost averaging can get you back into stocks - MarketWatch
• SEC Chief Schapiro Wants to Make Hedge-Fund Rules - Bloomberg
• For investors, ‘everything is in flux' - Globe & Mail
• Bill Miller sees signs of recovery - MarketWatch
• Stock market becomes harder to shock - LA Times

ECONOMY
• Preview: Joblessness Probably Rose to 25-Year High - Bloomberg
• U.S. Workers' Wages Stagnate As Firms Rush to Slash Costs - Wash. Post
• Can unemployment claims predict the end of the American recession? - Voxeu
• Colleges Flunk Economics Test as Harvard Model Destroys Budgets - Bloomberg
• Depression Scares Are Hardly New - NY Times

INTERNATIONAL
• Asia Must Do More to Fight Crisis - Bloomberg
• Russian gas output collapse deepens in April - Reuters
• Flu fears fail to scare domestic travelers - CHINADaily
• Advertising giant WPP to axe 7,200 jobs - Guardian
• Emaar Leads U.A.E. Property Shares Lower - Bloomberg
• Asian nations set up $120 billion crisis fund - AP
• Italy’s GDP May Decline 4.2 Percent - Bloomberg
• Chinese travelers get cold feet - LA Times

HOUSING
• House hunting? It's not a buyer's market everywhere - LA Times
• Buffett Sees Some Signs of Housing Stabilization - WSJ Marketbeat
• Only modest improvement in housing market foreseen - Philly.com
• Your house's true value - Baltimore Sun

FED/TREASURY/BANKING
• Citi may need $10 billion more - report - CNN/Money
• Miller: Stress Test May Push 14 Banks to Raise Money - Bloomberg
• Fed to launch program bolstering commercial loans in June - MarketWatch
• Top Senate Democrat: bankers "own" the U.S. Congress - Salon

INTERESTING
• Public pawnbroker keeps Parisians' secrets safe - Reuters
• Las Vegas is a case study of the next global crisis - Seattle Times
• Couple arrested for sex on lawn at Windsor Castle - AP
• Origin of Life: What Are the Odds? - LiveScience

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