Money & Markets – Week of 6.07.09

US Treasury Names Asset Managers and Launches Legacy Securities Program: is one-half of the Public Private Investment Program (PPIP) meant to help US financial institutions cleanse their balance sheets of troubled residential and commercial mortgage-related assets
Katten Law | July 2009

Brazil, Russia Trade T-Bills for IMF Clout
The Wall Street Journal (12 June 09)

NYSE Halts Trading In Several Hundred Stocks Due To “Connectivity Issues”
Zero Hedge (12 June 09)

Chinese Imports in May Dropped 25% and Exports 26%
MercoPress (12 June 09)

Ecuador Celebrates Sovereign “Defaulted” Bonds Repurchase
MercoPress (12 June 09)

Oil Consumption Falls by The Most Since 1982
Telegraph.co.uk (10 June 09)

Tories Call in Mounties Over Mint’s Missing Millions
The Star.com (09 june 09)

California Nears Financial “Meltdown” as Revs Tumble
Reuters (10 June 09)

A Tale of Two Diverging Economic Worlds
Global Research (10 June 09)

A Republican to Save Us
Truth Dig (10 June 09)

Charitable Giving Declines, a New Report Finds
The New York Times (09 June 09)

Russia, Brazil Plan to Buy $20 Billion IMF Bonds (Update4)
Bloomberg.com (10 June 09)

Britain Isolated as EU Tightens Grip on City
Telegraph.co.uk (09 June 09)

Budget Woes Have Oakland Mulling Bankruptcy
SFGate (09 June 09)

Voters Now Trust Republicans More than Democrats on Economic Issues
Rasmussen Reports (08 June 09)

Fed Intends to Hire Lobbyist in Campaign to Buttress Its Image
Bloomberg.com (10 June 09)

Lessons From the Crisis—Bill Gross
Investment Advisor

JPMorgan, Morgan Stanley Among 10 Banks Repaying TARP (Update2)
Bloomberg.com (10 June 09)

IMF Says New Reserve Currency to Replace Dollar Is Possible
Bloomberg.com (09 June 09)

The Looting of America: How Wall Street Fleeced Millions from Wisconsin Schools
AlteNet.org (03 June 09)

IATA Chief Warns of $9 Billion in Losses This Year
Airline Biz (08 June 09)

California Contemplates Ultimate Reform – No Welfare
McClatchy (04 June 09)

IMF Tells Europe to Come Clean on Bank Losses
Telegraph.co.uk (08 June 09)

State’s Unemployment Fund Short by Billions
SFGate.com (02 June 09)

More Stupidity: Obama / Chrysler
The Market Ticker (08 june 09)

Fidelity to Sell Shares of KKR IPOs
Ruters.com (08 June 09)

Top China Banker Calls For U.S. Sales of Yuan Bonds
Reuters.com (07 June 09)

Nonprofits Land Security Money Without Proving Real Danger
Syracuse.com (07 June 09)

Why Won’t The Democrats Fix The Economy?
Green Change (06 June 09)

Health, Life Insurers Invest Billions in Tobacco Stocks
Green Change (04 June 09)

The Depression Quietly Deepens
Telegraph.co.uk (06 June 09)

State’s Unemployment Fund Short by Billions
SFGate.com (02 June 09)

Regulator to Detail Plan for Derivatives
The New York Times (03 June 09)

The Dark Side of Dubai
The Independent (07 April 09)

Road To Ruin: Online Lenders Fight Regulation
YouTube (02 June 09)

Medvedev Questions Dollar as World Currency, Open to Yuan Swaps
Bloomberg (07 June 09)

FDIC Eyes Management Shake-up at Citi: Report
Yahoo Finance (05 June 09)

GM to Sell Saturn Brand to Penske Dealership Chain
Yahoo Finance (05 June 09)

Appeals Court Upholds Chrysler Sale to Fiat
Yahoo Finance (05 June 09)

US Loses Just 345,000 Jobs in May, Raising Hopes
Yahoo Finance (05 June 09)

Crisis at the VA as Benefits Claims Backlog Nearly Tops One Million
Truthout (05 June 09)

Medical Bills Underlie 60 Percent of U.S. Bankrupts: Study
Yahoo News (04 June 09)

From Midwest to M.T.A., Pain From Global Gamble
The New York Times (02 Nov 08)