Tuesday morning links
Tuesday, September 30, 2008
TOP STORIES
Lawmakers Grope for Resolution as They Attempt to Avoid Economic Calamity - NY Times
Libor Surges Most on Record After U.S. Congress Rejects Bailout - Bloomberg
The Bailout’s Collapse: A Bank Lobbyist’s View - Dealbook
Deregulation Not to Blame for Financial Woes - Bloomberg
MARKETS/INVESTING
Oil swing widely following US bailout rejection - AP
Global Markets Mixed After Bailout Plan Vote - NY Times
Gold Drops in London on Stronger Dollar, Credit Crisis Concerns - Bloomberg
ECONOMY
U.S. Heading for Slump, With or Without Bailout - Bloomberg
Bailout bill defeat could cause painful recession - AP
Consumers: Caught in the Credit Squeeze - BusinessWeek
HOUSING
Try, Try Again: Senate to Take Up Bailout - HousingWire
Upheaval Continues at Fannie Mae, Freddie Mac - HousingWire
FED/TREASURY/BANKING
Fed May Need to Dip Into Toolbox Further as Congress Scrambles - Bloomberg
Treasury and the Fed Looking at Options - NY Times
INTERNATIONAL
Dexia gets £5bn bailout from Belgium, France and Luxembourg - Telegraph
U.K. Economy Grows at the Weakest Pace Since 1992 - Bloomberg
Demand for ECB Money Surges as Credit Crisis Deepens - Bloomberg
RBS fails to calm investors' nerves - Telegraph
INTERESTING
'666' road sign thefts bedeviling roadways - AP
Do We Live in a Giant Cosmic Bubble? - LiveScience