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February 16 – February 28

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Obama's speeches, settings need to be more upbeat Marketwatch / Irwin Kellner

The Treasury-Muni spread contains some good news Marketwatch / Mark Hulbert

A need that recession can't stop Dallas Morning News / Bob Moos

Luxury goods hurt by economy, drop in quality, expert tells marketers Palm Beach Post / Megan V. Winslow

MI: Builders losing on new homes Detroit News / Nathan Hurst

IL: Roland Burris clears everything up: Nothing to see here, move along Christian Science Monitor / Jimmy Orr

This recession is taking a heavier toll on younger and minority workers Marketwatch / Ruth Mantell

Complex economy makes recovery difficult to spot Seattle Post Intelligencer / Bill Virgin

Does the United States make anything anymore? Newsday

Proof is in the pudding: Foodmakers cut offerings AP via Chicago Tribune / Emily Fredrix

Community banks, credit unions offering higher deposit yields Marketwatch / Gail Liberman and Alan Lavine

U.S. Surpasses China in Forecast for Economic Powerhouse Gallup

Who's Driving Detroit? Forbes / Brian Wingfield and Joann Muller

Stimulus: What's in it for businesses CNN / Jeanne Sahadi

Final score: $8,000 for homebuyers CNN / Les Christie

Obama ‘Did the Right Thing’ by Pushing Stimulus, Clinton Says Bloomberg / Joi Preciphs

A poll of middle-class attitudes in emerging economies The Economist

Canada: U.S. crisis batters Canadian manufacturing Globe and Mail / David Ebner

Japan: Veiled in darkness The Economist

Russian output plummets further BBC

Death of Corporate Bonds Is Worth Investigating Bloomberg / William Pesek

T-Bubble Trades Forbes / Jim Lowell

Fed's Duke: housing woes show tough rules needed Reuters / Tim Gaynor

Stabilizing the Housing Market: Focus on Communities Federal Reserve Board / Elizabeth A. Duke

The stock market isn't as bad as you think CNN / Paul R. La Monica

Microsoft sees sales impact from economy: CEO Reuters / Tarmo Virki

Don’t Fear ‘N’ Word On Banks: Graham Bloomberg via NY Post

Crisis leaves rare flaws in Goldman's reputation AP via Philadelphia Inquirer / Rachel Beck

States look to liquor for shots to economy AP via St. Louis Post Dispatch / Brock Vergakis

TX: Recession weakens hospitals' capital spending projects Dallas Morning News / Jason Roberson

Oil dips amid supply talk Reuters via CNN

For Social Programs, Long-Awaited Boost Washington Post / Michael A. Fletcher

Tax Cuts Stimulate, But They Don't Solve All Ills Forbes / John Tamny

Obama Opts Against ‘Car Czar’; Geithner, Summers to Head Team Bloomberg / John Hughes

The shopping spree is over for consumption-mad countries Globe and Mail / Gwyn Morgan

Job cuts swell ranks of homeless in Japan AP via San Francisco Chronicle / Mari Yamaguchi

Homelessness: The Family Portrait Washington Post / Chris L. Jenkins

Something still stirring precious-metals pond Marketwatch / Peter Brimelow

States and Cities in Scramble for Stimulus Cash NY Times / Monica Davey

CA: She ran EBay, can she run California? LA Times / Michael Hiltzik

Founders all a-Twitter over site’s possibilities AP via Boston Herald

Car incentives fit for a president Boston Herald / Jerry Kronenberg

Politically, Stimulus Battle Has Just Begun Washington Post / Michael D. Shear and Paul Kane

Democrats May Be Headed to Showdown With Obama Over Bush Probes Bloomberg / James Rowley

Asian Stocks Drop as Japan’s Economy Shrinks; Brambles Tumbles Bloomberg / Shani Raja

Finance Ministers Soften Their Tone on China’s Currency NY Times / Landon Thomas, Jr.

Yen Rises as G-7 Says Slump to Persist, Japan’s Economy Shrinks Bloomberg / Ron Harui and Candice Zachariahs

Geithner Pressed By G-7 to Push Ahead With Bank Bailout Plan Bloomberg / Simon Kennedy and Rebecca Christie

Japan’s GDP Shrinks 12.7%, Most Since 1974 Oil Shock Bloomberg / Jason Clenfield


Stocks likely to fail retest of Nov. 20 bear-market low Marketwatch / Mark Hulbert

Stocks: A Painful New Phase Business Week via Ben Steverman

President Obama's remarks in signing stimulus bill Marketwatch

Oil stays below $35 after big drop overnight AP via Houston Chronicle / alex Kennedy

Phoenix-area real estate picture grim USA Today / Richard Wolf

Greenspan Says U.S. May Not Be Doing Enough to Promote Recovery Bloomberg / Rich Miller

Good companies to work for may also be good companies to invest in The Economist

GM, Chrysler seek more govt aid, to cut more jobs AP via Forbes / Tom Krisher and Ken Thomas

U.S. Stocks Slide to 3-Month Low on Recession Concern; GM Sinks Bloomberg / Elizabeth Stanton

Berkshire portfolio down 25% CNN / Ben Rooney

Stressing Out The Banks Forbes / Liz Moyer

Obama Sends 17,000 Additional Soldiers to Afghanistan Bloomberg / Edwin Chen and Roger Runningen

The IMF is sharply increasing its lending capacity. It expects that more countries may need its help The Economist

The Left in Power Lew Rockwell / Llewellyn H. Rocwell, Jr.

Tracking the recession: Credit crunch eases slightly / Stephen C. Fehr

Two-Year U.S. Swap Spread Surges as Stocks Fall on Bank Concern Bloomberg / Liz Capo McCormick

Treasurys rally as traders buy on U.S., global fears Marketwatch / Deborah Levine

Dial ‘M’ for Monetary Policy Federal Reserve Bank of St. Louis / James Bullard

Fed's Bullard argues for return of setting monetary target Marketwatch / Greg Robb

Dow Flirts With Lowest Point in a Decade / Mark Glassman

Stimulus: Now for the hard part CNN / Jeanne Sahadi

Builders' confidence inches higher Marketwatch / Rex Nutting

Dollar surges on Eastern European bank warning AP via Houston Chronicle / Erin Conroy

Steinbrueck Says Euro States May Bail Out Members Bloomberg / Rainer Buergin and Holger Elfes

Why you can't get a loan CNN / David Ellis

Fiscal Stimulus Is a Ruse Absent Fed Pixie Dust Bloomberg / Caroline Baum

30Y bond gains 3 full points in safe haven bid Reuters

What Sells in a Recession: Junk / Stephen Taub

Treasuries Rise as Global Slump Concern Deepens, Stocks Decline Bloomberg / Susanne Walker and Kim-Mai Cutler

America's New Frugality Forbes / David Serchuk

Tuesday’s Analysis / Marty Chenard

Wal-Mart profit beats Wall St. view Reuters / Nicole Maestri

Wal-Mart's earnings decline 7.4% AP via LA Times

Wall Street sinks in early trading on worries about automakers, broader economy AP via Chicago Tribune / Madlen Read and Stephen Bernard

Obama’s Housing Plan Will Help Many, Harm Some NY Post / John Crudele

Gold at seven-month high, up 3% on flight to safety Marketwatch / Moming Zhou and Chris Oliver

Oil Falls Below $36 as Deepening Recession Cuts Fuel Demand Bloomberg / Mark Shenk

With no budget, California to cut 20,000 state jobs Reuters

Fla. tourism down for the first time in 7 years AP via Miami Herald

Bond Advice Leaves Pain in Its Wake NY Times / Mary Williams Walsh

Economy Strains Under Weight of Unsold Items Washington Post / Annys Shin

A Doozy of a Depression Daily Reckoning via Lew Rockwell / Bill Bonner

Retail consumer satisfaction grows even as budgets get tighter Marketwatch / Jennifer Waters

Data Hints at Slowing of Decline NY Times / Jack Healy

As the Recession Waxes, Business Meetings Wane NY Times / Martha C. White

Recession Doesn’t Hold Back the Hottest Stocks Bloomberg / John Dorfman

Lloyds shares tumble further as Moody’s cuts rating London Times / Helen Power, Philip Webster and Melanie Reid

UK: New fears on fate of economy London Times / Gráinne Gilmore and Philip Webster

Bond Managers Cut Treasury Holdings, Ried Thunberg Survey Shows Bloomberg / Daniel Kruger

GM bondholders propose debt swap deal: source Reuters / Kevin Krolicki

Treasuries Advance as Report May Show Manufacturing Contracted Bloomberg / Wes Goodman

Japan’s Bonds Rise on Optimism BOJ to Lower Money-Market Rates Bloomberg / Theresa Barraclough

After Stimulus Battle, Liberals Press Obama Washington Post / Alec MacGillis

Asian Stocks Decline on Capital Concerns; T&D, Brambles Slump Bloomberg / Patrick Rial and Masaki Kondo

Euro Weakens on Speculation Automatic Sell Orders Are Triggered Bloomberg / Ron Harui


Minutes of Federal Open Market Committee, January 16 and January 27-28, 2009 Federal Reserve Board

Fed Cuts Growth Forecasts, Sets 2% as Inflation Goal Bloomberg / Steve Matthews

Playboy posts steep quarterly loss Dow Jones via Chicago Tribune

Investors are grabbing for dangled karats USA Today / John Waggoner

Court cuts trigger blunt warnings / John Gramlich

Mortgage help: Do you qualify? CNN / Les Christie

'Countrywide' Name Runs Course Wall Street Journal

Billionaire's bank customers denied their deposits AP via Houston Chronicle / Ben Fox

H-P forecast falls short; CBS slashes dividend Marketwatch / Carla Mozee

Survey: Most Americans reject more loans for automakers Detroit Free Press / Jewel Gopwani

Whole Foods 1Q profit drops but beats Wall Street AP via Seattle Times / Sarah Skidmore

Fate of American car is unclear USA Today via Detroit Free Press / Chris Woodyard

California Republicans Oust Leader Amid Budget Lockdown San Jose Business Journal

Economic Outlook and Policy Challenges Federal Reserve Bank of Chicago / Charles L. Evans

Economic Stress and Forces for Recovery Federal Reserve Bank of Cleveland / Sandra Pianalto

Speech by Chairman Bernanke on Federal Reserve policies to ease credit and their balance sheet implications Federal Reserve Board / Ben S. Bernanke

Fed's Evans-US economy contracting at disturbing pace Reuters / Ros Krasny

Bernanke: Fed taking step toward inflation target Reuters

Fed's Pianalto: bold Fed action will restore growth Reuters

Fed to Release Longer-Term Economic Projections, Bernanke Says Bloomberg / Scott Lanman and Craig Torres

Bonds pull back on Obama mortgage plan Reuters / Pedro Nicolaci da Costa

Wednesday’s Analysis / Marty Chenard

Sirius Cash Lifeline NY Post / Peter Lauria

Bankruptcy may be good option for GM: analysts Reuters / Poornima Gupta and David Bailey

Obama unveils plan to attack home mortgage foreclosures at heart of nation's economic crisis AP via Minneapolis Star Tribune / Mark A. Smith and Alan Zibel

TEXT-Obama speech on home mortgage crisis Reuters

Building Permits in U.S. Show a ‘Glimmer of Light’ for Housing Bloomberg / Courtney Schlisserman

US mortgage applications soared last week –MBA Reuters

Controlling the trade in guns The Economist

There's still juice in junk bonds Fortune via CNN / Mina Kimes

Goodyear to slash 5,000 jobs CNN / Aaron Smith

Comcast profit dips on investment writedown AP via Houston Chronicle

Deere fiscal 1Q profit falls 45 percent AP via Forbes / Daniel Lovering

GE CEO Immelt turns down bonus for 2008 Marketwatch / Steve Goldstein

MBIA Splits Off Municipal Bond Insurance Business Bloomberg / Shannon D. Harrington

U.S. Industrial Production Fell in January, Led By Auto Plunge Bloomberg / Timothy R. Homan

U.S. Housing Starts Fell to Record Low in January Bloomberg / Courtney Schlisserman

What a difference a decade makes Marketwatch / Todd Harrison

Industrial Output, Homebuilding Probably Fell as Slump Deepened Bloomberg / Timothy R. Homan

Budget Mire Forces Calif. Senate Lockdown Washington Post / Karl Vick and Keith B. Richburg

A Painful Departure for Some G.M. Brands NY Times / Micheline Maynard

Heineken Profit Plunges on Charges; Beer Sales Weaken Bloomberg / Andrew Cleary

Hedge-Fund Firms Pressed to Consolidate After Losses Erode Fees Bloomberg / Saijel Kishan and Jonathan Keehner

Burning out: Coal prices come back to earth Pittsburgh Post Gazette / Elwin Green

On the Price of Gold Lew Rockwell / Michael S. Rozeff

UK: In attacking inflation are we not just stoking inflation? Independent / Jeremy Warner

UK: Spectre of deflation haunts Britain Independent / Sean Farrell, Financial Editor

Treasury Notes Decline as U.S. Prepares to Increase Debt Sales Bloomberg / Wes Goodman

Asian Stocks Decline for Third Day as Global Recession Deepens Bloomberg / Shani Raja

Euro Trades Near 10-Week Low on Bets Europe’s Turmoil to Worsen Bloomberg / Ron Harui and Yasuhiko Seki

UK: Spectre of deflation stalking the economy London Times / Gary Duncan

Five Reasons for Japan’s Leaders to Get Drunk Bloomberg / William Pesek

Obama inherited a fiscal disaster. Now what? Christian Science Monitor / Jim Cooper



Pimco's power play Fortune via CNN / Katie Benner

Banks Sink Deeper Amid Growing Fear Of Nationalizations Investors Business Daily / Jed Graham

IMF expects more requests for aid BBC News

Money, job fears rise AP via Allentown Morning Call / Darlene Superville

Interest in vegetable growing has taken off during the recession USA Today / Bruce Horovitz

Customer Service in a Shrinking Economy Business Week / Jena McGregor, Aili McConnon and David Kiley

With crisis as catalyst, govs push big changes / Daniel C. Vock

It wasn’t pretty, but California extracts a budget deal Christian Science Monitor / Daniel B. Wood

The collapse of manufacturing The Economist

Bank of America, AmEx May Suffer on Card Defaults Bloomberg / Hugh Son

Can’t pay or won’t pay? The Economist

Deflation warning bells ring louder CNN / Chris Isidore

Debtors' prison The Economist

Bonds ease as investors brace for auctions CNN / Catherine Clifford

GM's bondholders skeptical Detroit Free Press / Tim Higgins

Both Dow Industrials and Dow Transports are at new lows Marketwatch /  Mark Hulbert

Wall Street slides as Dow industrials finish at 7,466, lowest level in more than 6 years AP via Chicago Tribune / Tim Paradis

U.S. Stocks Decline, Dow Industrials Close at Six-Year Low Bloomberg / Elizabeth Stanton

Thursday’s Analysis / Marty Chenard

Retailers Of Last Resort? Forbes / David Serchuk and Michael Maiello

U.S., Europe May Jointly Regulate Credit Derivatives Bloomberg / Matthew Leising

U.S. Doubles Fannie, Freddie Backing to $400 Billion Washington Post / Binyamin Appelbaum

Oil prices surge on report of falling inventories AP via Globe and Mail / Mark Williams

Air safety over the past decade The Economist

Everyone wants to look at Stanford’s client list NY Post / John Crudele

Laissez-Faire Capitalism Has Failed Forbes / Nouriel Roubini

U.S. Jobless Benefit Rolls Reach Record 4.99 Million Bloomberg / Bob Willis

U.S. Stocks Gain, S&P 500 Index Rebounds From Three-Month Low Bloomberg / Elizabeth Stanton

Stocks pop in early trading CNN

U.S. jobless on benefits at record high Reuters / Lucia Mutikani

U.S. January Producer Prices Rise More Than Forecast Bloomberg / Shobhana Chandra

Housing fix will help many, but not all CNN / Tami Luhby

Sources of the Great Moderation: Shocks, Frictions, or Monetary Policy? Federal Reserve Bank of Atlanta / Zheng Liu, Daniel F. Waggoner, and Tao Zha

A Powder Keg: Debt and Unemployment Washington Post / Michelle Singletary

Labor's pain: Wages don't reflect rise in productivity, economist says Pittsburgh Post Gazette / Ann Belser

Fed Leaders Issue Bleak Forecast Washington Post / Neil Irwin and Annys Shin

The Dow line holds, just barely Marketwatch / Peter Brimelow

Five Easy Pieces Plan Flies Over Cuckoo’s Nest Bloomberg / Caroline Baum

GOP governors consider turning down stimulus money AP via Palm Beach Post / Melinda Deslatte

Stanford is the new Madoff, until the next one comes along Marketwatch / David Weidner

California, hit the reset button Christian Science Monitor

Asian Stocks Rise as Yen Weakens, China Widens Stimulus Plans Bloomberg / Shani Raja

Bank of Japan Keeps Rates Unchanged Reuters via Bloomberg

Rising debt may overwhelm Barack Obama's effort to rescue the economy London Times / Tim Reid

Joblessness could hit 8.8 percent Washington Times / Richard Gross

Treasuries Advance as Reports May Show Inflation Is Restrained Bloomberg / Wes Goodman

Euro Rises on Speculation Germany Will Signal Aid for Region Bloomberg / Ron Harui and Yasuhiko Seki


Bear Market's Bite Could Go Deeper Washington Post / Tomoeh Murakami Tse and Alejandro Lazo

Can your stomach take any more? Minneapolis Star Tribune / Kara McGuire

Russian boom ends as resource wealth vanishes Marketwatch / Polya Lesova

The Yield Curve, February 2009 Federal Reserve Bank of Cleveland / Kent Cherny and Joseph G Haubrich

Tax Credits for Job Creation and Retention: What Can We Learn from the States? Federal Reserve Bank of San Francisco

New England Economic Indicators Federal Reserve Bank of Boston

Saving Capitalistic Banking From Itself Pimco / Paul McCulley

Credit crunch may only have just begun, S&P warns Marketwatch / Alistair Barr

Treasuries Climb as Stocks Tumble Amid Bank-Takeover Concern Bloomberg / Dakin Campbell and Susanne Walker

Weekly Layoff Report: GM Leads The Way Forbes / Klaus Kneale

Beaten-Up Banks Trade At Bargain-Brand Prices Forbes / Maurna Desmond

Get ready for a wave of bank failures CNN / David Ellis

Economic Fascism and the Bailout Economy Ludwig von Mises Institute / Gary North

Clinton in China to push climate, finance AP via San Francisco Chronicle / Mathew Lee

J.C. Penney Earnings Drop 51% Wall Street Journal

Major indexes fall more than 6 percent for week AP via San Francisco Chronicle / Tim Paradis

U.S. Stocks Drop on Concern Banks Will Need to Be Nationalized Bloomberg / Elizabeth Stanton

Friday’s Analysis / Marty Chenard

Gold tops $1,000 an ounce CNN / Ben Rooney

Gasoline prices could hit $3 for summer driving season South Florida Sun Sentinel / Mc Nelly Torres

Jumbo Loan Defaults Rise at Fast Pace as Rich Suffer Bloomberg / Bob Ivry

This time, we're not sold on a fantasy Dallas Morning News / Steve Brown

Auction-Rate Bonds Claiming Victims Year After Market Collapse Bloomberg / Michael McDonald

Corporate Bond Trading Highest Since ‘07 as Credit Freeze Thaws Bloomberg / Bryan Keogh and Josh Fineman

Treasurys gain as bank fears renew flight to safety Marketwatch / Deborah Levine

U.S. gold rises above $1,000/oz on flight to safety Reuters

Sales jump at Goodwill stores as non-profit takes commercial approach Chicago Tribune / Sandra M. Jones

Collectibles crash AP via Allentown Morning Call / Dan Sewell

Consumer Prices in U.S. Increased 0.3% in January Bloomberg / Shobhana Chandra

Bill Clinton: Obama should talk up economy AP via Newsday

Lowe’s Profit Declines 60% on Fewer Home Renovations Bloomberg / Mark Clothier

U.S. Tries a Trillion-Dollar Key for Locked Lending NY Times / Vikas Bajaj

As money gets tighter, more people are finding new ways to pinch pennies Pittsburgh Post Gazette / Tim Grant

Jobless hit with bank fees on benefits AP via Washington Post / Christopher Leonard

February: Worst month yet for jobless claims? AP via Orlando Sentinel / Martin Crutsinger

Stimulus: No blank check for states / Pamela M. Prah

FL: Struggling to live on $275 a week in unemployment aid St. Petersburg Times / Marlene Sokol

Events Designed To Prepare Nation For Budget Plan Washington Post / Lori Montgomery

Nazareth Said to Be Leading Candidate for Deputy Treasury Chief Bloomberg / Rebecca Christie and Robert Schmidt

Asian Stocks Fall on Profit Concern; Qantas, Bridgestone Slump Bloomberg / Shani Raja

Yen trims losses as Japan exporters sell dollar, euro Reuters / Rika Otsuka

Economy Catches Up With Airbus Dow Jones via Wall Street Journal

Treasuries Rise; Report May Show Yearly Drop in Consumer Prices Bloomberg / Wes Goodman


The noose around U.S banks' neck: the unknown Globe and Mail / Tara Perkins and Barrie McKenna

A little digging reveals stimulus law's benefits NY Times via Seattle Times / Mickey Meece

American Budgets Have More to Spare for Cars, Home Than in 1955 Bloomberg / Bob Willis

Maybe Google Should Pay a Dividend Fortune via CNN / Kevin Kelleher

Bank Shares Topple on Talk Of Possible U.S. Takeover Washington Post / Binyamin Appelbaum and David Cho

On stimulus, consumers ask 'what's in it for me?' Washington Post via Houston Chronicle / V. Dion Haynes

In Northern They Trust Barrons / Dimitra Defoits

Slump takes toll; servers lose jobs as restaurants cut back Orlando Sentinel / Sandra Pedicini

Obama to Treasury: Start cutting taxes Reuters via CNN

Predatory Legislators Northern Trust via Safehaven / Peter Schiff

U.S. Stocks Decline, Sending Dow Average to Lowest Since 2002 Bloomberg / Eric Martin

Eurozone: looking beyond the fringe London Times / Carl Mortished



Rick Santelli on his CNBC mortgage rant: 'We really, really tapped into a nerve' Chicago Tribune / Phil Rosenthal

Travel industry scrambles to cope as Americans spend less USA Today / Marilyn Adams

Owner of Philadelphia Inquirer and Daily News files for Chapter 11 bankruptcy protection AP via Chicago Tribune / Bob Lentz

Oil hovers near $40 amid weak demand, OPEC cuts AP via Seattle Post Intelligencer / Alex Kennedy

Japan falls into spiral of despair London Times / Michael Sheridan

Land of the overqualified McClatchy via Allentown Morning Call / Kristen Valle

Small business feels the pinch of tighter credit Seattle Times / Drew De Silver

Republican Governors Step Up Attacks on Obama Economic Policies Bloomberg / Avram Goldstein and Nadine Elsibai

Long-term fix on finances still eluding California San Diego Union Tribune / Dean Calbreath

Fifth Third in lawsuit, blame game Cincinnati Enquirer / Dan Horn

Investing in 'safe' utilities pays new dividend: Shock St. Louis Post Dispatch / David Nicklaus

Truck traffic revives interest in marine shipping AP via San Diego Union Tribune / Steve Szkotak

Bonds Become Favorite Port in the Financial Storm NY Post / Gregory Bresiger

Shut Up, Maestro NY Post / Terry Keenan

Can Talk of a Depression Lead to One? NY Times / Robert J. Shiller

Recovery may be 2 years off, study says Chicago Tribune via Charlotte Observer / Gail Marks Jarvis

New Home Sales, Durable Goods Probably Fell as Economy Worsened Bloomberg / Courtney Schlisserman

Short on cash, businesses turn to bartering Charlotte Observer / Jim Morrill

Joblessness takes a toll on the soul LA Times / David Lazarus

Distressed homeowners fight foreclosure by taking their lenders to court Chicago Tribune / Becky Yerak

Rant by CNBC's Rick Santelli puts pundit at odds with Obama administration Chicago Tribune / Phil Rosenthal

Obama Plans to Slash Budget Deficit by End of His First Term Bloomberg / Hans Nichols and Nadine Elsibai

Can Obama overhaul health care? AP via USA Today / Ricardo Alonso-Zaldivar

Investing in the Obama Factor Washington Post / Karim Bardeesy

Clinton urges China's continued investment in US AP via Washington Post / Matthew Lee

Yahoo may announce reorg next week: report Reuters via CNN

Economic crisis 'is as bad as they come' San Francisco Chronicle / Carolyn Lochhead

Michigan's feeling nervous, it's true, and with good reason Detroit Free Press / Tom Walsh

States Cut Spending as U.S. Stimulus Fails to Fix Budget Woes Bloomberg / Lorraine Woellert and Jonathan D. Salant

America's Top 15 Emptiest Cities Forbes via ABC News / Zack O’Malley Greenburg

As economy tanks, faithful pray for relief Pittsburgh Tribune Review / Craig Smith


On Transparency of the Fed Texas Straight Talk via Safehaven / Ron Paul

Stressing Over Citi's Future Forbes / Liz Moyer and Brian Wingfield

Thoughts on Risk in the Current Economic Situation Federal Reserve Bank of Atlanta / Dennis P. Lockhart

Fed's Lockhart: Losing sleep on commercial property Reuters / Alister Bull

Texas Manufacturing Outlook Survey Federal Reserve Bank of Dallas

More declines in manufacturing, says Dallas Fed Dallas Morning News

As Bond Market Thickens, Paper Thins / Stephen Taub

Treasurys rise on uncertainty over U.S. banks' fate Marketwatch / Deborah Levine

Prognosis? Protectionism! Morgan Stanley / Joachim Fels and Manoj Pradhan

Banks under stress The Economist

U.S. Stocks Fall, Sending Market Below Lowest Close Since 1997 Bloomberg / Lynn Thomasson

Oil prices tumble below $39 despite OPEC cuts AP via Washington Post / Chris Kahn

Gold futures fall after topping $1,000 an ounce Marketwatch / Moming Zhou

Dow and S&P at '97 lows CNN / Alexandra Twin

Fingers in pies The Economist

Fed May Need to Recast TALF on Commercial Real Estate Bloomberg / Scott Lanman and Sarah Mulholland

Bernanke Offers Jobless Recovery as Humphrey-Hawkins Hopes Fade Bloomberg / Craig Torres

Joint Statement by the Treasury, FDIC, OCC, OTS, and the Federal Reserve Federal Reserve Board

Greenspan’s Libor Barometer Shows Markets Stay Frozen Bloomberg / Gavin Finch and Liz Capo McCormick

Treasurys down as big U.S. banks escape takeover Marketwatch / Deborah Levine

U.S. Stocks Retreat as Drop in Tech Shares Offsets Bank Rally Bloomberg / Lynn Thomasson

Losses pull curtain back on illusory gains Chicago Tribune / Greg Burns

Monday’s Analysis / Marty Chenard

U.S. May Draw Citi Into Tighter Embrace Forbes / Liz Moyer

Spend! Cut! Obama's budget dilemma CNN / Jeanne Sahadi

Dollar better as U.S. eyes Citi stake Marketwatch / William L. Watts & Deborah Levine

Tracking the recession: Lowering expectations / Stephen C. Fehr

The Government’s Cure for Alcoholism – Whiskey, More and More Whiskey Lew Rockwell / Robert Higgs

Maybe the meltdown wasn't what you think Marketwatch / Peter Brimelow

U.S. Recession Worst in Three Decades, Business Economists Say Bloomberg / Shobhana Chandra

Joblessness may hit 9% as recession worsens AP via Boston Herald

Treasuries Fall on Speculation U.S. to Raise Citigroup Stake Bloomberg / Wes Goodman

Regulator Faces Fresh Scrutiny Over Trading Inquiry at Lehman NY Times / Gretchen Morgenson

Citi Seeking More Federal Aid Washington Post / Binyamin Appelbaum

Mr. Duncan, show us the money Christian Science Monitor

Did TV news miss point in covering stimulus plan? AP via Washington Post / David Bauder

Asian Stocks, U.S. Futures Advance on Citigroup Speculation Bloomberg / Shani Raja and Chan Tien Hin

Thai Economy Shrinks More Than Expected on Exports Bloomberg / Daniel Ten Kate and Suttinee Yuvejwattana

Stimulus: Can it work like Roosevelt's New Deal? Christian Science Monitor / David R. Francis

Americans Would Be Lucky to Mimic 1990s Japan Bloomberg / William Pesek

California, once a dream state, strives to get back its groove Christian Science Monitor / Daniel B. Wood

Australian, N.Z. Dollars Slip on Reports U.S. to Cut Budget Gap Bloomberg / Candice Zachariahs

UK: Families feel the squeeze as disposable income drops London Times / Gráinne Gilmore


Is MBIA About to Pull the Wool Over the Markets Eyes? via Safehaven / Reggie Middleton

Obama address: You makin’ 250k? Grab your wallet St. Louis Post Dispatch / Bill Lambrecht

CRA: A Framework for the Future Federal Reserve Board / Elizabeth A. Duke

Bernanke: U.S. Action Could End Recession in 2009 / Roy Harris

RadioShack earnings slide 39% as consumers cut back Dallas Morning News / Maria Halkias

How to avoid oil prices' harmful extremes Dallas Morning News / Jim Landers

Hairy Lips Sink Ships Pimco / Bill Gross

Treasury Notes Fall as Stocks Gain, U.S. Readies More Auctions Bloomberg / Susanne Walker

Employers beware The Economist

U.S. Will Take Bank ‘Ownership’ Stakes Only as Losses Climb Bloomberg / Craig Torres

Bernanke's Bold Prediction Forbes / Brian Wingfield

Bernanke: Recovery will take years CNN / Chris Isidore

U.S. Stocks Gain on Cheaper Valuations; Home Depot, Macy’s Rise Bloomberg / Lynn Thomasson

Dollar slips against euro, holds yen gains Marketwatch / Lisa Twaronite, Deborah Levine and William L. Watts

Bernanke: Strong action needed to end recession Reuters / Mark Felsenthal and Alister Bull

Bernanke Sees 2010 Recovery ‘Only If’ Markets, Banks Stabilize Bloomberg / Craig Torres and Scott Lanman

Testimony by Chairman Bernanke on the Semiannual Monetary Policy Report to the Congress Federal Reserve Board / Ben S. Bernanke

TREASURIES-Gains on record low consumer confidence index Reuters

Treasury Notes Little Changed as Debt Sale Looms, Stocks Rise Bloomberg / Susanne Walker

Pimco’s Gross Says U.S. Needs Credit, Not Bank Nationalization Bloomberg / Dave Liedtka

The lapse of luxury The Economist

U.S. consumer confidence plunges to record low in February Reuters

Home prices off record 18.5% in past year, data show Marketwatch / Ruth Mantell

Why Mark-To-Market Accounting Rules Must Die Bloomberg / Brian S. Wesbury and Robert Stein

U.S. Stocks Advance on Valuations; Home Depot, JPMorgan Climb Bloomberg / Lynn Thomasson

The DOW Has Just Lost About 50% From Highs NY Post / John Crudele

Tuesday’s Analysis / Marty Chenard

Microsoft prepared for weak 2009 Marketwatch / Ruth Mantell

Office Depot posts $1.54B loss in 4Q AP via Washington Post / Betsy Vereckey

Macy's reports 59% drop in profit, beats expectations AP via USA Today / Anne D'Innocenzio

Economic State of the Union Washington Post

Americans Want Obama’s Speech to Focus on Economy Gallup

Dollar Is Best Looker in Ugly-Currency Parade Marketwatch / Michael R. Sesit



If it looks and smells like a bank takeover, it probably is Globe and Mail / Sinclair Stewart

Sharp reportedly to issue $2 billion in bonds Marketwatch / V. Phani Kumar

Emerging-Market Debt Trading Sinks 36%, EMTA Says Bloomberg / Lester Pimentel

End of home price slide in sight? Christian Science Monitor / Mark Trumbull

Home Sales Slump As Bottom Remains Elusive For Housing Investors Business Daily / Scott Stoddard

Dow Corning will eliminate 800 jobs Detroit News / Nathan Hurst

Fundamentals, Valuations and Technicals Say Remain Patient Ciovacco Capital Management / Chris Ciovacco

Washington Post Profit Tumbles 77% Fox News

An historical walk down Wall Street Marketwatch / Mark Hulbert

Investors Endure Roller Coaster Session

Stocks end down as week's back-and-forth continues AP via Denver Post / Madlen Read and Sara Lepro

UK: Recession is already longer-lasting than thought Telegraph / Edmund Conway

Oil jumps more than $2 CNN / Julianne Pepitone

U.S. Treasuries Fall After 5-Year Auction as 7-Year Sale Looms Bloomberg / Susanne Walker and Daniel Kruger

Bernanke confident can keep U.S. inflation at bay Reuters / Alister Bull and Mark Felsenthal

Obama's budget: Back to brass tacks CNN / Jeanne Sahadi

U.S. Sets a Six-Month Deadline for New Bank Capital Bloomberg / Rebecca Christie and Robert Schmidt

A sign of economic recovery - or not CNN

Treasurys mixed ahead of 5-year auction Marketwatch / Deborah Levine

U.S. Stocks Retreat as Insurers Cut Dividends, Home Sales Drop Bloomberg / Lynn Thomasson

Wednesday’s Analysis / Marty Chenard

Dollar gains as equities fall Marketwatch / William L. Watts & Deborah Levine

U.S. existing home sales fall along with value Reuters

Chicago-area home sales plunge 24.5% Chicago Tribune / Mary Ellen Podmolik

US mortgage applications down, led by refinancing Reuters / Julie Haviv

Read President Obama's speech (PDF) Seattle Times

A brighter future, but who pays? The Economist

Obama: U.S. to survive economic "day of reckoning" Reuters / Matt Spetalnick

Obama's Confidence Game Forbes / Brian Wingfield and Joshua Zumbrun

Small biz loan failure rate hits 12% CNN / Emily Maltby

Lack of Shoppers Leads Malls to Cut Hours Washington Post / Ylan Q. Mui

U.S. crude inventories rise less than expected Marketwatch / Moming Zhou

Japan exports drop 46% in January BBC News

Thirsty work The Economist


Broker Markups: A Bond Investor's Worst Enemy Forbes / Alex Anderson

Commercial Paper Market Expands, Finally / Stephen Taub

Survey of Tenth District Manufacturers Federal Reserve Bank of Kansas City

Sell home yourself? It may be smart, survey finds Orlando Sentinel / Jerry W. Jackson

The Boomers Stop Buying Business Week / Ed Wallace

Top N.Y. legal officer demands bonus list from BofA CEO Reuters / Phil Wahba and Grant McCool

Don’t Worry! Here’s What Washington is Banking On NY Post / John Crudele

Who Will Pay For Obama's Plans? Forbes / Brian Wingfield and Joshua Zumbrun

The Obama budget’s big ambitions Christian Science Monitor / Peter Grier

Republicans Attack Obama Budget, Call It Loaded With Spending Washington Post / Shailagh Murray

Unprecedented size, scope in president's proposal USA Today / Richard Wolf, David Jackson and Mimi Hall

Stocks stumble after rally CNN / Alexandra Twin

6.4% jump in oil prices CNN / Catherine Clifford

Stocks Pare Gains In Midday Trade Investors Business Daily / Vincent Mao

Thursday’s Analysis / Marty Chenard

Obama Calls for End to Loan Subsidy for Sallie Mae, Citigroup Bloomberg / Jonathan D. Salant

U.S. Treasuries Fall for Third Day on Supply, Spending Concern Bloomberg / Susanne Walker and Kim-Mai Cutler

Manufactured home sales up Detroit News / Nathan Hurst

Deflation Still Unlikely, but Mind the Risks Morgan Stanley / Richard Berner

JPMorgan to cut 12,000 jobs related to WaMu deal AP via Houston Chronicle / Sara Lepro

Las Vegas Running Out of Water Means Dimming Los Angeles Lights Bloomberg / John Lippert and Jim Efstathiou Jr.

Oil rises on hopes drop in U.S. demand is slowing AP via Detroit News / Pablo Gorondi

Nacchio: A saga not near its end Denver Post / Al Lewis

UK: Down, down, deeper and down The Economist

GM loses $9.6 billion CNN / Chris Isidore

Sears 4Q profit falls 55 percent on charges AP via Washington Post

Nortel Networks to lay off 3,200 workers Dallas Morning News / Andrew D. Smith

U.S. workers on jobless benefits at record high Reuters

Durable Goods Orders Drop for Sixth Consecutive Month Bloomberg / Bob Willis

In Cobbler's Shops, Tough Times Are Mending a Moribund Industry Washington Post / Marc Fisher

California’s Newly Poor Push Social Services Network to Brink Bloomberg / Vivien Lou Chen

Obama forecasts $1.75 trillion deficit this year Reuters / Caren Bohan and Jeff Mason

Banks’ Books Finally Start Seeping Some Truth Bloomberg / Jonathan Weil

Govs split over expanding jobless benefits / Christine Vestal

4-day workweek draws attention AP via Pittsburgh Post Gazette / Brock Vergakis

U.S. 10-Year Yield to Rise to 4%, Industrial Bank of Korea Says Bloomberg / Wes Goodman

Treasuries Little Changed Before Record Seven-Year Note Auction Bloomberg / Wes Goodman

Will inflation emerge victorious? Marketwatch / Peter Brimelow

Web searches heavy on economy Pittsburgh Post Gazette / Ann Belser

More flock to job sites _ even if they have jobs AP via Bradenton Journal

Banks shift bankruptcy tactics AP via Washington Post / Julie Hirschfield Davis

Bigger role sought for ECB in bank supervision London Times / Rory Watson and Helen Power

Yen Falls to Lowest Since November on Concern Economy Worsening Bloomberg / Ron Harui and Theresa Barraclough

Australian, N.Z. Dollars Fall Most in Week as Asia, U.S. Slump Bloomberg / Candice Zachariahs

Japan’s Recession May Deepen After Exports Drop Record 45.7% Bloomberg / Timothy R. Homan and Jason Clenfield


New U.S. corporate bond volume more than doubles in February Marketwatch / Laura Mandaro

Actively managed funds lose share to index rivals Marketwatch / Sam Mamudi

Are Stocks Finally Cheap? Forbes / David Serchuk

Stocks end at 12-year lows CNN / Alexandra Twin

Mortgage deductions: Wealthy on the losing end CNN / Les Christie

How Harvard Should Handle Its Endowment Forbes / Charlotte Allen

Stop Intervening in the Economy Lew Rockwell / Ron Paul

Fed should have been more aggressive in '04-'06 Marketwatch / Greg Robb

In recession, pawn shops fill up on jewelry, tools -- and stories Orlando Sentinel / Jim Stratton

U.S. consumer-sentiment gauge lower for February Marketwatch / Ruth Mantell

Number of companies on the brink may surge CNN

Longer-Term Treasuries Fall as FDIC May Expand Debt Guarantee Bloomberg / Susanne Walker and Daniel Kruger

Treasuries Rise as Economy Contracts, Citigroup Bailout Widened Bloomberg / Susanne Walker and Kim-Mai Cutler

U.S. economy shrank at faster rate in fourth quarter Reuters / Lucia Mutikani

GDP slides 6.2% on slower consumer spending CNN / Ben Rooney

Dollar Rises as U.S. Recession, Citigroup Stoke Safety Demand Bloomberg / Ye Xie and Matthew Brown

Tear Jerker: UBS’ Falling to Pieces NY Post / Mark DeCambre

Low Mortgage Rates a Mirage as Fees Climb, Eligibility Tightens Bloomberg / James Sterngold

Treasuries Little Changed; Report May Show Economy Contracted Bloomberg / Wes Goodman

Social Security Fix Demands Honest Numbers Bloomberg / Charles P. Blahous

A Budget Process Hijacked by Selfish Interests Washington Post / Steven Pearlstein

In $3.6 Trillion Budget, Obama Signals Broad Shift in Priorities Washington Post / Lori Montgomery

The bullish case Marketwatch / Mark Hulbert

Asian Stocks Advance, Paring Worst Start to Year Since 1990 Bloomberg / Shani Raja

Given the state of banks, there are still months of pain ahead Independent / Hamish McRae

Confidence falls in eurozone as economy fears grow London Times / Gráinne Gilmore

Asia’s Economies Stumble as Global Recession Pummels Exports Bloomberg / Michael Dwyer

Japan Recession Deepens as Factory Output Plunges Bloomberg / Jason Clenfield and Toru Fujioka



The Economy: Why it feels even worse CNN

The FED’s Unsound Theories Lew Rockwell / Michael S. Rozeff

Obama's budget: huge ambitions, huge obstacles AP via Washington Post / Charles Babington

Under Weight of Its Mistakes, Newspaper Industry Staggers Washington Post / Howard Kurtz

Wen warns economic crisis spreading in China AP via San Diego Union Tribune

UK: Bank of England poised for rate cut Telegraph / Edmund Conway

Berkshire Hathaway Inc. annual Letter to company Shareholders Berkshire Hathaway / Warren Buffett

Buffett's worst year CNN / Carol Loomis

Buffett Says Economy Will Be ‘In Shambles’ for 2009 Bloomberg / Rick Levinson

U.S. GDP speeding in reverse Chicago Tribune / Jim Puzzanghera

Economy Shrinks At Staggering Rate Washington Post / Annys Shin and Neil Irwin

Treasuries Tumble as Rescue Efforts, Budget Put Focus on Supply Bloomberg / Daniel Kruger

Obama Defends His Budget as ‘a Threat to the Status Quo’ NY Times / Peter Baker

‘Great Society’ Plan for the Middle Class NY Times / David E. Sanger

CA: State caught in avalanche of job losses LA Times / David Pierson

Saudi Prince Is Humbled by Citigroup NY Times / Landon Thomas Jr. and Eric Dash