Wednesday Morning Links
MUST READS
US sues Wells Fargo, claiming mortgage fraud - McClatchy
IMF warns about Canadian housing market, debt levels - CBCNews
Goldman Sachs Employees Ditch Obama, Donate $2M To Romney - HuffPost
Merkel recoils from Greek showdown on Spain contagion fears - Telegraph
Merkel in Athens Greece’s Debt Problems Aren’t Going Away - Spiegel
China officials to skip IMF meetings in Japan amid isle spat - Washington Post
Japan Calls China PBOC Chief Skipping IMF Meeting ‘Regrettable’ - Bloomberg
Insight: Growth crisis exposes burden of French largesse - Reuters
Editorial: California pension plan is a bad trend - USA Today
Moodys: California Cities Face Downgrade on Debt - Bloomberg
China, Russia, and the End of the Petrodollar - Dollar Collapse
A Bigger Paycheck on Wall Street - NY Times
MARKETS/INVESTING
Oil price slips amid gloomy economic forecasts - AP
Gold retreats with euro, mounting concern on growth - Reuters
Reasonable Expectations, Reasonable Prices - Barron’s
OPEC says ample oil supply to persist in 2013 - Reuters
Who Moved My Peak Oil? - Capital Spectator
Pension annuities in ‘freefall’ due to money-printing - Telegraph
Is silver still a monetary metal? Is that even relevant? - Mineweb
China produces 249.7 tons of Gold till August 2012 - BullionStreet
World’s richest man Carlos Slim bets on Mexican gold mining - Mineweb
Gold investment could double on economic woes - Reuters
ECONOMY/WORLD/HOUSING/BANKING
World GDP - Economist
Jobseekers Hope For Holiday Spirit from Retailers - Bloomberg
Small business owners pessimistic over weak employment, sales - CSM
IMF chides EU for “critically incomplete” crisis response - Reuters
IMF Sees European Banks Facing $4.5 Trillion Sell-Off - Bloomberg
Japanese carmakers report Sept sales as ‘disastrous’ - China Daily
For Stimulus Projects, a Capital Conundrum - Caixin Online
Tighter mortgage rules slow Canada’s housing market - Calgary Herald
More Reasons to Cheer the U.S. Housing Market - The Street
U.S. approves stress test rules for 100 banks - MarketWatch
Yellen: World Benefits From Fed QE - Bloomberg
How to Think about QE3 - The American
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