Sunday morning links
Sunday, July 05, 2009
TOP STORIES
• North Korea Test-Fires Seven Missiles - Bloomberg
• Statue of Liberty crown reopens to the public - LA Times
• Tax Bill Appeals Take Rising Toll on Governments - NY Times
• Goldman Sachs: The great American bubble machine - Seattle PI
• North Korea moves to restrict economy - LA Times
• California's Broke. Should You Invest in It? - Wash. Post
• The unemployment timebomb is quietly ticking - Telegraph
• Banks own the US government - Baker, Guardian
MARKETS/INVESTING
• A U-Turn on Market Risk - NY Times
• Kuwait Wants Oil Prices to Stay Above $60 - Bloomberg
• Commodities: Cinderella class slowly gains allure - FT
• Dollar Rises Versus Euro on Signs of Faltering Rebound - Bloomberg
• Awful jobless rate is not a good stock market barometer - LA Times
• Getting a return on your savings is tricky - APP
ECONOMY
• Preview: Service Industries Probably Contracted - Bloomberg
• Graduates Can Find Help Scaling Mountain of Debt - Wash. Post
• Deflation vs. Inflation: The Great Debate Rages On - Seeking Alpha
• Hope and Peril After an Escape From the Cubicle - NY Times
• Vacancies give renters room to negotiate - LA Times
INTERNATIONAL
• World Bank Chief Warns Against Protectionism - Wash. Post
• France: Changing World Requires More Currency Coordination - Bloomberg
• QE just acting as a sugar rush for insolvent banks that deserve to fail - Telegraph
• Trichet Says Deflation Risk Has Yet to Materialize in Europe - Bloomberg
• Australia Faces the ‘Full Brunt’ of Global Recession - Bloomberg
• Venezuela assumes control of Spanish-owned bank - AP
• Dubai Shares Tumble Most in a Week on Oil - Bloomberg
• Europe Tests Banks, and Worries - NY Times
HOUSING
• Mortgages Made Simpler - NY Times
• Another wave of foreclosures is poised to strike - LA Times
• So Many Foreclosures, So Little Logic - NY Times
• Housing market spurs bidding wars - Bakersfield.com
FED/TREASURY/BANKING
• The Mother of All Bubbles - Seeking Alpha
• Fed more worried about deflation than inflation - Taipai Times
• Obama plan could trim back financial powerhouses - AP
• For Banks, Wads of Cash and Loads of Trouble - NY Times
INTERESTING
• Chestnut wins NY hot dog eating match, 3d in row - AP
• D.C. Portraitist Breaks Starving-Artist Mold - Wash. Post
• Ire at Madoff Swings Toward the Referee - NY Times
• Palin's exit as Alaska governor stuns, puzzles observers - LA Times