Wednesday morning links

TOP STORIES
Geithner: There Will Be No 'Second Wave' Crisis - CNBC
Schwarzenegger to seek federal help for California budget - LA Times
Taxpayer Burden Eases to $8.2T as Obama Supplants Fed - Bloomberg
AIG promises to return bonuses have gone largely unfulfilled - Washington Post
Gold Beats All in Decade of ‘Fear and Greed’: Chart of the Day - Bloomberg
Chase Bank says Screw You to Students at Holiday Time - HuffPost
Retailers going the extra mile to draw shoppers' dollars - USA Today
‘New Normal’ Tops 2009 List of Overused Phrases - Bloomberg

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MARKETS/INVESTING
Oil rises to near $75 on US crude supplies fall - AP
Gold bounces from 7-week low but dollar weighs - Reuters
World markets up again on US economic hopes - AP
Markets to Retest March Lows—So Buy Gold: Strategist - CNBC
Jingle, jingle all the way for Wall Street - USA Today
Wall Street's 10 Biggest Lies of 2009 - HuffPost

ECONOMY
Income, Spending Edge Higher as Consumers Claw Back - CNBC
Winter Storms Interrupted, but Didn’t Dissuade, Late Shoppers - NY Times
Dollar's decline a boon for U.S. manufacturers - Washington Post
Slack Credit Markets Weigh on Economy: Rogoff - CNBC
Wal-Mart to continue discounts, deals after Christmas - Reuters

INTERNATIONAL
China central bank says recovery still weak - AP
Greek Default Beats Bailout, Lehman Lesson Shows - Bloomberg
Dubai Shares Fall Most in World as Investors Wait for Debt Plan - Bloomberg
Charles Goodhart warns of return to recession as bank lending falls - Telegraph
U.K. Housing Market Recovery Will Fade Next Year, RICS Says - Bloomberg
BoE voted 9-0 to keep interest rates and money printing steady in December - Telegraph
Flaherty Says Russia, China May Buy Canada Dollars to Diversify - Bloomberg
Dubai seen pressing for time in hopes of market recovery - Reuters

REAL ESTATE
Home sales up nationally and here - Philly.com
Greater Boston's housing market "undervalued' by 16 percent - Boston.com
Regional market recovery seems ahead of nation's - NC Times
Full Housing Crisis Effect Yet To Be Felt: Economist - CNBC

FED/TREASURY/BANKING
Obama (again) urges bankers to lend more money - USA Today
Credit Unions Cash In On Banking Backlash - CNBC
Geithner: Tight lending threatens U.S. recovery - Reuters
Deflation delusion - MarketWatch

INTERESTING
Pennsylvania’s Perfidy Never Happens in Singapore - Bloomberg
IRS Audit Worrying You? Keep Your Income Under $200k - HuffPost
Weighing Medical Costs of End-of-Life Care - NY Times
A Democrat Defects - WSJ

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