Sunday morning links

TOP STORIES
• U.S. economic growth seen resuming in third quarter - Reuters
• GM, union clash as bankruptcy looms for auto giant - AFP
• GMAC could get $7.5 bln from U.S. next week - Reuters
• Does Gordon Brown's regret selling half of Britains' gold? - Telegraph
• Regulators seize Washington-based Westsound Bank - MarketWatch
• Fannie Mae needs $19B more in bailout funds after huge loss - LA Times
• The Roots of the Financial Crisis: Who Is to Blame? - Public Integrity
• GM, Chrysler dealers unwilling to hit the road - LA Times

MARKETS/INVESTING
• Berkshire Hathaway reports a $1.5B 1Q loss - AP
• Enjoy the rally while it lasts, butexpect to take a sucker punch - Telegraph
• Rosenberg: Goodbye, Thank You, Yes It's Just A Sucker's Rally - ClusterStock
• Free Fall’s Over, but Where Are We Landing? - NY Times
• The Dynamically-Hedged Economy II - Noland, Prudent Bear
• Are stocks a loser's bet? - CNN/Money

ECONOMY
• Life on unemployment - CNN/Money
• 9 signs the economy is recovering - Daily News
• Continuing Claims vs. Economically Lagging Unemployment - TBP
• Shift to Saving May Be Downturn’s Lasting Impact - NY Times
• Better, but hardly great - LA Times

INTERNATIONAL
• Bank of England: recovery to be V-shaped - Telegraph
• Brown’s Support Withers on Lawmaker Expenses - Bloomberg
• Japan minister defends stimulus spending package - AP
• Gulf Shares Gain on Oil-Price Rise; Industries Qatar Advances - Bloomberg
• China overtakes the US as Brazil's largest trading partner - Telegraph
• Middle East Growth to Fall by 50% This Year, IMF Says - Bloomberg
• Bank of England braced for third wave of financial crisis - Guardian
• MPs' expenses - Telegraph

HOUSING
• Risky Mortgage Program Resurfaces - Washington Independent
• Road to recovery: Housing market offers bargains - News Press
• Buying a house: reasons to do it now, reasons to wait - Chicago Tribune
• Housing inventory declines in most markets - Dallas News

FED/TREASURY/BANKING
• Fed cut banks' deficits after negotiations - Reuters
• Obama wants Fed to be finance supercop - AP
• U.S. to give GMAC substantial support - Reuters
• Stress Tests Are Over. The Stress Isn’t. - NY Times

INTERESTING
• Britain's Brown in a spot of trouble - LA Times
• Harvard survey: Swine flu in, affection out - AP
• Carnival cruise sailed into a swine flu fiasco - LA Times
• When Comets Attack - Popular Mechanics

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