Sunday morning links

TOP STORIES
• Personal bankruptcies surge in Southern California - LA Times
• JPMorgan CEO warns against too many regulators - Reuters
• Five Banks Are Seized, Raising U.S. Failures This Year to 45 - Bloomberg
• Schwarzenegger says he'll impose third unpaid furlough day - LA Times
• Why demand for Comex gold bars is rising - Commodity Online
• Climate bill shaped by compromise - LA Times
• The Cost Conundrum - The New Yorker
• It is Economic - Noland, Prudent Bear

MARKETS/INVESTING
• Gold to go through $2,000. Bullion best asset - Commodity Online
• Nigerian Militants Reject Amnesty, Issues Not Addressed - Bloomberg
• Realty fervor takes aim at reality - MSN Money
• Retail gas drops as crude prices lower - USA Today
• Funds to profit from falling dollar - MSN Money
• Will shares beat gold? - Commodity Online

ECONOMY
• Preview: Unemployment Rose at Slower Pace - Bloomberg
• Rules May Limit Cash for Clunkers Program - NY Times
• GM, GE pick Michigan for manufacturing facilities - USA Today
• Recession Means Less Money Out on the Green - NY Times
• Could your post office be closing? - MSN Money

INTERNATIONAL
• S&P warning shows Britain is out of credit - Telegraph
• Iraq Set to Seek Foreign Oil Bids - Wash. Post
• Energy bills rise by 23pc in a year - Telegraph
• China's top legislature adopts revision to statistics law - CHINADaily
• Porsche fumes at VW, Lower Saxony "extortion" - Reuters
• Chinese consumers key driver of growth - Globe Investor
• Anglo American in talks over China deal - Telegraph
• China bars use of virtual money for real goods - CHINADaily

HOUSING
• Underwater homeowners to be given a get-out-of-debt-free card? - LA Times
• For Sale, Still: Grand Homes In Gracious Neighborhoods - Wash. Post
• Reverse Mortgages for Home Purchases - NY Times
• The 10 Most Dollar-Discounted Housing Markets - US News

FED/TREASURY/BANKING
• Treasury, GM Close to Reaching Deal on Legal Claims - Wash. Post
• Fed As Policeman For Economy A Big Mistake - International Forecaster
• Bank of NY Mellon sees writedowns, 2009 profit - Reuters
• The Bite of Bank Fees - Wash. Post

INTERESTING
• Prosecutors ask judge to imprison Madoff for life - Reuters
• Michael Jackson may be turning point for TMZ - LA Times
• Buffett lunch sells for $1.68M on eBay in charity auction - Reuters
• Hummer buyer to open talks with China regulators - Reuters

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