News round-up: 18 Aug 2008


Top Billing
No Limit to Greenspan’s Once-In-A-Century Events: Caroline Baum – Bloomberg

Financial sector woes
U.S. likely to recapitalize Fannie, Freddie: report – Reuters
U.S. banks scramble to refinance maturing debt – FT
Analysts Said to Brace for $1.8 Billion Loss for Lehman – Deal Book
Can Lehman dump $40 billion in real estate? – BloggingStocks
No Woo Hoo at WaMu – NY Post
Angry Fortis investors demand reforms after – Telegraph
Scotiabank could be safe haven: report – National Post
Wall Street high-flyers: where are they now? – National Post
UnionBanCal accepts higher Mitsubishi UFJ offer – LA Times

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Global slowdown imminent
Chinese shares slump to 20-month low – Guardian
Bradford & Bingley shareholders shun £400m cash call – Guardian
Export Boom Helps Farms, but Not American Factories – NY Times
Dollar surge will not stop America feeling the effects of a global crunch – Ambrose Evans-Pritchard, Telegraph
Recession in UK ‘is months away’ – BBC News

Not my inflation view
Inflation set to reach 7 per cent, warns Chelsea – Independent

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Housing slump
London house prices fall 5.3% in a month – Guardian
UK: Skandia calls an end to the great buy-to-let market boom -Evening Standard

Odds & Ends
China: Too many boys…

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