Wikinvest Wire

Thursday morning links

Thursday, October 23, 2008

Greenspan Urges Tighter Regulation After `Breakdown' - Bloomberg
Credit Rating Agency Heads Grilled by Lawmakers - NY Times
GM suspends payments into 401K plans - Reuters
US foreclosure filings up 71 percent in 3Q - AP
U.S. Insurer of Pensions Has Lost $2 Billion - NY Times
Five things investors believed about the market six months ago - Telegraph
Goldman Sachs to cut staff by 10 pct - Reuters

Dollar roars back as global debts are called in - Telegraph
OPEC faces 'uphill battle' as oil prices plummet - MarketWatch
Gold Plunges to 13-Month Low as Dollar Gains, Funds Liquidate - Bloomberg
Oil rises to $67 as OPEC prepares to cut output - AP

Jobless claims rise 15,000 to 478,000 - MarketWatch
Job Losses Accelerate, Signaling Deeper Distress - Washington Post
Chrysler cutting 1,825 jobs with moves at 2 plants - AP

Foreclosures up 21 percent from year ago - Reuters
Mortgage applications sink to 8-year low - Reuters
Economic Picture Pressures Housing, Foreclosures - Housing Wire
Bargain-hunters trickle back to U.S. housing market - Reuters

Bernanke May Seek New Ways to Ease Credit as Fed Rate Nears 1% - Bloomberg
Greenspan calls for more regulation, 'shocked' by crisis - MarketWatch
Struggling to Keep Up as the Crisis Raced On - NY Times
Volcker Says U.S. in Midst of `Unprecedented' Financial Crisis - Bloomberg

South Korea's Stocks, Won Plunge as Stimulus Fails to Convince - Bloomberg
Ottawa to guarantee inter-bank lending - Globe & Mail
S&P Cuts Russia's Credit Rating Outlook to Negative - Bloomberg
Shoppers cut back as unemployment and slowing wage growth take their toll - Guardian
Sweden Cuts Key Rate to Stimulate Lending, Economy - Bloomberg

Out of Thin Air: How Money is Really Made - LiveScience
Self-Employed Forecaster Tops Big Banks With U.S. Housing Call - Bloomberg

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