Wikinvest Wire

Sunday morning links

Sunday, July 19, 2009

TOP STORIES
CIT in talks with bondholders, as bankruptcy looms - Reuters
Deal possible Sunday on California budget - AP
Bank profits not as impressive as they seem - AP
Fiscal ruin of the Western world beckons - Telegraph
Depressionary bust in Ireland is echoed in California - Credit Writedowns
Regulators shut banks in Calif., Ga. and SD - AP
Goldman's Sudden Boom Could Be a Bust for Obama - Time
Republicans seek economic wisdom from Greenspan - Reuters

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MARKETS/INVESTING
Big tech earnings week will reveal economic trends - AP
Swiss banks have no space left for gold! - Commodity Online
Energy gap means nuclear power is a must - Telegraph
Gold: Scrap sellers beat miners in gold market - Commodity Online
Do Intel's numbers spell recovery? - MSNBC
Investing in a recession: 10 tips - Telegraph

ECONOMY
Preview: Home Resales, Leading Index Probably Rose - Bloomberg
What Economy?There's Nothing Left to Recover - CounterPunch
6 Small Steps Toward a More Normal Economy - US News
9 reasons the economy won't recover soon - MSNBC
When, Oh When, Will HELP Be WANTED? - Wash. Post

INTERNATIONAL
China’s Wide Reach in Africa - NY Times
Australia mustn't "lose face" in Rio row with China - Reuters
U.K. Economy Will Shrink 4.4% This Year - Bloomberg
Swiss minister to meet Clinton ahead of UBS deadline - Reuters
Zhou: China Should Ease Restrictions to Spur Investment - Bloomberg
Marcus Named as South African Reserve Bank Governor - Bloomberg
Jakarta Hotel Bombers Linked to Jemaah Islamiyah - Bloomberg
Banks at root of declining housing market in Spain - Barcelona Reporter

HOUSING
Outlook for Las Vegas housing grim - LVRJ
Financial Invention vs. Consumer Protection - NY Times
Commercial real estate slumps hard in the Southland - LA Times
Seattle's Federal Home Loan Bank in big trouble again - Seattle Times

FED/TREASURY/BANKING
In Washington, One Bank Chief Still Holds Sway - NY Times
Banks Lean on Investment Banking for Profits - Bloomberg
Windfalls for Bankers, Resentments for the Rest - NY Times
Banks with bailout funds say loans rise: survey - Reuters

INTERESTING
Will Chromosome Y Go Bye-Bye? - ABC News
Area suicides show heavy toll of recession - Houston Chronicle
Swoopo: The crack cocaine of auction sites? - MSNBC
Day trading: 'I lost £200,000 in a day' - Telegraph

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