Wikinvest Wire

Tuesday morning links

Tuesday, June 30, 2009

Madoff Is Sentenced to 150 Years for Ponzi Scheme - NY Times
Rhetoric reigns as California IOU deadline nears - Sacramento Bee
Cash Best as Record Correlation Hints Herd Collapse - Bloomberg
GM cuts Toyota ties in US joint venture - CNN/Money
As Iraq Stabilizes, China Eyes Its Oil Fields - Times
Michigan to California: Send us your prisoners - CNN/Money
California faces its moment of truth - Reuters
The Chinese Are Just Like Us - The Atlantic

Oil up to near $72 on dollar fall, Nigeria attack - AP
Gold Climbs Over $940, Heading for Third Quarterly Gain - Bloomberg
US Gold Reserve: Cash4Gold's offer price $240 bn - Commodity Online
Asian Stocks Extend Quarterly Gain on Commodities - Bloomberg
The Senate Report - Butler, Investment Rarities
“GaveKal” - Saut, Raymond James

‘Green Shoots’ Take Over the Lexicon, If Not U.S. - Bloomberg
Inflationary Pressures Are A Legitimate Concern - Technical Take
Economy prompts Salvation Army’s first summer fundraiser - Bizjournals
Wage Deflation in our Midst - Pragamatic Capitalist
Does USA 2009 = Argentina 2001? - iTulip

British Economy Suffers Worst Drop in 50 Years - NY Times
China’s present growth story is built on malinvestment - Credit Writedowns
China's banks are an accident waiting to happen to every one of us - Telegraph
AIG Discloses New Risk on Derivatives Sold to European Banks - Bloomberg
Young Japanese Raise Their Voices Over Economy - NY Times
Norway Swapping Government Debt For Mortgages - zero Hedge
China makes surprise fuel-price hike - MarketWatch
Japan jobless rate hits five-year high in May - MarketWatch

The U.S. housing market's 800 lb gorilla -
Housing Data: The Slow Healing Process Begins - Seeking Alpha
California legislation aims to revive housing market - SmartBrief
Caveat Mortgagor - New Yorker

Ruling Adds Teeth to State Oversight of Banks - Wash. Post
Fed’s Rosengren Says Regulator Should Oversee Capital - Bloomberg
Federal Reserve past due for an audit - Albany Herald
Fed Buys More Time for Purchases With Schedule Changes - Bloomberg

Billy Mays: An industry loses its voice - CNN/Money
Steve Jobs' return to Apple different this time - MarketWatch
The Man in the Mirror - Kunstler, CFN


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