Friday morning links

TOP STORIES
Jobless rate at 9.7 pct.; 216K jobs lost in Aug - AP
White House’s new stimulus message: It’s helping you - CSM
Stiglitz Says U.S. Economic Recovery May Not Be ‘Sustainable’ - Bloomberg
Lehman downfall triggered by mix-up between London and Washington - Guardian
G20 to pledge stimulus until economic recovery certain - Reuters
Buttonwood: Be thankful they don't take it all - Economist
Odds of Robust US Rebound 'Very, Very Weak' - CNBC
U.S. junk bond default rate rises to 10.2 pct - Reuters

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MARKETS/INVESTING
Crude Oil Rises for First Time in Five Days - Bloomberg
Gold toys with $1,000, eyes U.S. jobs report - Reuters
Gary Gensler, derivatives cop: A new sheriff - Economist
Gas May Drop From Seven-Year Low to Less Than $2, Options Show - Bloomberg
Inquiry Stokes Unease Over Trading Firms That Shape Markets - NY Times
Gold Rush by Many Investors Could Push Price Up to $1,200 - CNBC

ECONOMY
U.S. Job Losses Increased, Unemployment Rose to 9.7% - Bloomberg
The wealth effect: Withdrawal symptoms - Economist
Stimulus Credited for Lifting Economy, Unemployment Worries Persist - Wash. Post
Next Hit for Jobless: Losing Unemployment Benefits - CNBC
Decoding money-supply data - Economist

INTERNATIONAL
Europe has mapped its monetary exit - FT
China to Implement Bank Capital Rules Over ‘Years’ - Bloomberg
European countries call on G-20 to tackle bonuses - AP
European Central Bank Warns of a Patchy Recovery - NY Times
Lead Surges in ‘Panic Buying’ as China Vows Industry Cleanup - Bloomberg
Economics focus: The incredible shrinking surplus - Economist
German services sector sales fall 11 pct in Q2 - AP
Canadian housing on brink of rebound - Globe Investor

REAL ESTATE
Housing's Hidden Strength - BusinessWeek
Judges’ Frustration Grows With Mortgage Servicers - NY Times
Bouyant Housing Market Funded by Government - Money Rates
Treasury May Give More Help to Homeowners - CNBC

FED/TREASURY/BANKING
Bernanke: Greenback’s New Father - NY Times
Banks' funding needs: Total liabilities - Economist
Fed's Fisher sees near-term strength for economy - Reuters
Banks Need to End $1 Trillion Kick the Can Game - Bloomberg

INTERESTING
Arctic Temperatures Are Warmest in 2,000 Years - Live Science
Finger Bitten Off In Fight At Health Care Rally - Huffington Post
Union says firefighters forced to bathe elephant - AP
Russia's past: The unhistory man - Economist

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