Wikinvest Wire

Wednesday morning links

Wednesday, December 09, 2009

TARP report: Good for Wall Street, not Main Street - USA Today
US Senate Democrats Reach Agreement on Health Plan - CNBC
Goldman Sachs Taking ‘Hard Look’ at Pay Practice, George Says - Bloomberg
Companies are wearily reaching the conclusion that the UK is a bad risk - Telegraph
‘Wake up, gentlemen’, bankers warned by former Fed chairman Volcker -TimesOnline
CalPERS axing investment managers over real estate losses - LA Times
Food Stamps Go to a Record 37.2 Million, USDA Says - Bloomberg
U.S. already $292 bln in the red this year - CBO - Reuters

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Gold rises 1 percent as dollar turns lower - Reuters
Weakness of Recovery Unsettles Investors - NY Times
Oil Advances as Report Shows Drop in Stockpiles - Bloomberg
Suckers of the Future Groomed With Stock Game - Antilla, Bloomberg
Indian investors graduate to Gold ETFs - Commodity Online
'Hot Money' Leaving Gold and Oil: Commodities Pro - CNBC
U.S. EIA lowers 2010 global oil demand forecast - Reuters

Obama sketches a plan for job creation - LA Times
Action on job proposals may wait till next year - Washington Post
Jobs Lost in Great Recession May Be Gone Forever - Baum, Bloomberg
Aging computer holds up unemployment checks to 117,000 Californians - LA Times
Double-Digit Unemployment in California Until 2012 - CNBC

Irish braced for tough austerity Budget - Telegraph
Britain to Levy a One-Time Tax on Banker Bonuses - NY Times
Bank of Korea Sees ‘Illusion’ in Gold, No Cash Return - Bloomberg
Japan's Q3 economic growth revised sharply lower to 1.35% from 4.8% - AP
Greece Downgrades May Hinder Banks Seeking ECB Loans - Bloomberg
China Said to Plan 8 Trillion Yuan Loans Cap for 2010 - Bloomberg
UK trade deficit widens as imports climb - Telegraph

Decline in home values levels off - SF Gate
Housing Markets Most Likely to Have Hit Bottom - CNBC
Obama Foreclosure Plan Inadequate, New Direction Needed - HuffPost
U.S. Homeowners Lost $5.9 Trillion Since 2006 Peak - Bloomberg

Bailout watchdog: Crisis response worked, somewhat - AP
U.S. bailout fund left many problems unsolved: watchdog - Reuters
Alan Grayson Asks Bernanke for Answers in Latest Retrade of AIG Deal - Naked Capitalism
Geithner Said to Be Seeking TARP Extension Until Next October - Bloomberg
Helicopter Ben’s Crash Course - CNBC

Glenn Beck's gold-gate problem - AP
Glenn Beck's flawed gold standard - LA Times
Gatorade Drops Tiger Woods Drink - CBS News
'The Official Michael Jackson OPUS' offers plenty new - LA Times


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