Wikinvest Wire

Friday morning links

Friday, March 13, 2009

TOP STORIES
China "worried" about US Treasury holdings - Times
Net Worth Had Record Decline in Fourth Quarter - Bloomberg
Stewart slings barbs face-to-face with Cramer - CNN
AIG Asked Buffett for Help Twice Before Collapse - Bloomberg
Bronson: Supercycle Bear Market Low Still Ahead - The Big Picture
Citi doesn't need more government aid - Reuters
Buffett’s Berkshire Has AAA Debt Rating Cut - Bloomberg
Madoff says felt compelled to deliver "at any cost" - Reuters

MARKETS/INVESTING
SPDR Gold Trust Holdings Overtake Switzerland - Bloomberg
Oil climbs ahead of OPEC meeting - CNN/Money
Optimism prevails on Wall Street - LA Times
Gold sales dip in UAE, Saudi Arabia - Commodity Online
Silver's discount to gold sticks out like sore thumb - MarketWatch
Stocks that aren't coming back - MSN Money

ECONOMY
U.S. Michigan Consumer Sentiment Index Rose to 56.6 in March - Bloomberg
Import prices fall for 7th straight month - MarketWatch
Trade gap at 6-year low - CNN/Money
Household net worth plunges by record amount - AP
Stiglitz Enabled Obama With Nobel Ideas to Scorn Them - Bloomberg

INTERNATIONAL
Nikkei soars 5.2% as Asian stocks have a field day - MarketWatch
China’s Premier Wen ‘Worried’ about Treasuries - Bloomberg
G20 rift deepens ahead of crisis response talks - Reuters
China Can Add to Stimulus ‘At Any Time,’ Wen Says - Bloomberg
Read the big four to know capital’s fate - FT
Switzerland, Luxembourgto Loosen Bank Secrecy Rules - Bloomberg
FTSE 100 heads for best week in two months - Telegraph
World economy: The jobs crisis - Economist

HOUSING
Every House on the Market is Not in Foreclosure - American Chronicle
Experts: Housing market still frail - Times Call
Paperwork flood keeps housing under water - AJC
88-year old shoots Realtor over payment dispute - WalletPop

FED/TREASURY/BANKING
Fed assets total $1.88 trillion, down 0.7% - MarketWatch
Inside Man Geithner Shines When He’s Offstage - Bloomberg
The Problem? Bankers Point to the Rules - NY Times
Fed Program to Spur Loans May Start With Few Deals - Bloomberg

INTERESTING
Forget Britney; Media Outrage Hits Big Spenders - NY Times
Navies Combat Somali Pirates With Internet Chat Room - Bloomberg
A Besieged Bank, and Its Hometown, Look Inward - NY Times

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