Wikinvest Wire

Tuesday morning links

Tuesday, May 12, 2009

US red ink rising even higher, to $1.8T - AP
Banks Brace for Credit Card Write-Offs - NY Times
Schwarzenegger projects deficit could reach $21.3B - Sac Bee
Adding Up the Auto Bailout: $80 Billion and Growing - Time
GM Execs Sell Shares as Bankruptcy Looms - Bloomberg
As Storefronts Become Vacant, Ads Arrive - NY Times
The $33,000,000,000,000 Question - SafeHaven
Was It a Sucker's Rally? - WSJ

Oil rises above $59 to six-month high - Reuters
Gas prices surge 9%: Don't fear $4 - CNN/Money
Rogers: Dollar Rally Will End, May Short Stocks - Bloomberg
Irrational Exuberance 3.0 Is Oozing Into Markets - Bloomberg
A Presidential Bombshell - Butler, Investment Rarities
“The Ambergris Factor!” - Saut, Raymond James

Trade deficit widens in March to $27.6 billion - AP
Economists Downgrade U.S. Recovery - Bloomberg
White House: 750,000 stimulus jobs by August - CNN/Money
Prices Fall To Match A New Frugality - Wash. Post
A frontline view of the Great Recession - CNN/Money

Ministers 'to blame' for financial crisis - Telegraph
Chinese Exports Fall 22.6% in April - NY Times
Mexico Debt Rating Outlook Cut to Negative by S&P - Bloomberg
OECD predictions offer recession hope for Britain - Telegraph
Steinbrueck Plan Lets German Banks Swap Bad Assets - Bloomberg
Nissan Forecasts Second Loss on Lower Auto Sales - Bloomberg
Indian Output Declines by Most in 16 Years - Bloomberg
What Germany Got for Its $2 Trillion - Time

Foreclosure Firestorm Ahead? - CNBC
Foreclosure wave slams suburbia - Chicago Business
Nonprofits help occupants buy back homes -
FTC accuses lender of overcharging Latinos - LA Land

Geithner's Revelation - Wall Street Journal
Bernanke: response to bank tests encouraging - Reuters
Curve Watching Beats Room Full of Forecasters - Bloomberg
Bank Stock Sales Add Billions in New Capital - Wash. Post

Banks jump on Twitter wagon - USA Today
New Signs Madoff's Family Knew - The Daily Beast
Evolution's Most Extreme Mammals - Live Science
Cops: Alleged liquor thief fills out raffle ticket - AP


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