Money & Markets – Week of 5.31.09

Towards a World War of Interest Rates Aimed at Capturing Global Savings
LEAP/E2020 (16 Jan 09)

Bernanke Warns on Deficits as Interest Rates Rise
USA Today (03 June 09)

Latvian Debt Crisis Shakes Eastern Europe
Express Buzz (04 June 09)

States’ Budget Woes Are Poised to Worsen
The Wall Street Journal (03 June 09)

Germany Blasts ‘Powers of the Fed’
The Wall Street Journal (03 June 09)

Gross Says Diversify From Dollar as Deficits Surge (Update4)
Bloomberg.com (04 June 09)

Fed’s Role in AIG May Be First Target of GAO Audit (Update1)
Bloomberg.com (04 June 09)

Global Storage Constraints Limit Oil Stockpiling (Update3)
Bloomberg.com (04 June 09)

Eurozone Unemployment Surges to Almost One in 10
Telegraph.co.uk (02 June 09)

Internal Auditing: The 24/7 Approach
CFO.com (01 June 09)

Treasuries, Dollar ‘Only Game in Town’ as China Buys (Update3)
Bloomberg.com (02 June 09)

Rising US Bond Yields May Spark Credit Crisis II
Reuters (01 June 09)

The Illusion of Safety
Dollar Collapse.com (26 May 09)

General Motors Files For Bankruptcy Protection
Yahoo Finance (01 June 09)

Lessons From Ecuador’s Bond Default
Reuters (29 May 09)

When Sovereigns Selectively Default
Reuters (29 May 09)

UPDATE 1-U.S. FDIC Restricts Interest Rates at Weak Banks
Reuters (29 May 09)

Mexico’s Economics Museum Aims For Solid Financial Future
USA Today (31 May 09)

China’s Yu Tells U.S. Not to Be Complacent About Debt (Update1)
Bloomberg.com (01 June 09)

Goodbye, GM
Truthout 30 May 09)

Russia Gets a Slice of GM’s Opel Operations in Europe
RiaNovosti (01 June 09)

Spirits Take Root in Finger Lakes Micro-distilleries
Syracuse.com (01 June 09)

Chinese Students Laugh at Geithner’s Assurances
Reuters (01 June 09)

Treasury IG: ‘Inappropriate’ Backdating at Thrifts
The Sacramento Bee (01 June 09)

Leap in U.S. Debt Hits Taxpayers With 12% More Red Ink
USA Today (30 May 09)

One of Many Reasons to Beware a “Big Bang” Development Approach
Solari (29 May 09)

Back in Vogue: Federal Backing for Science Research
Kiplinger Business Resource Center (29 May 09)

German Dairy Farmers Protest Against Low Milk Prices
dw-world.de (25 May 09)

BankUnited Backdated Capital in 2008: Source
Reuters (22 May 09)

Schwab Drops Hedge Fund Platform
Hedge Fund Law Blog (04 March 09)

RIAs Lash Out at Schwab Hedge Fund Decision
Investment News (03 March 09)