Links: 2008-12-06

By Edward Harrison On Dec 6, 2008

Below are a few links to web stories you might enjoy. Other news stories can be found at our newsfeed. The newsfeed is also available via RSS. I would like to point out the emerging market stories in particular on Eastern Europe and Asia. Those are the first three below. Following that is a good article from the economist on bad banks. This is something I have mentioned as a necessary credit crisis move in the United States in particular. See “The Swedish banking crisis response – a model for the future?.”

Worries about Romania and Bulgaria | Stopping the rot | The Economist

FT Alphaville » Things can only get worse in Eastern Europe

Stephen Roach: Can Asia stand on its own economically? – National Post

Bad banks briefly explained | Stockholm syndrome | The Economist

Automakers seek $6-billion in Canadian aid – National Post

Where have all your savings gone? | The Economist

Calculated Risk: Fleckenstein Shutting Down Short Hedge Fund

White House, Democrats reach deal on $15 billion auto aid | Reuters

Georgia-based Bank Becomes 23rd Failure This Year : HousingWire

FT Alphaville » Why banks won’t lend

Oil price falls below $40 – Telegraph

EconomPic Data: Broader Unemployment to 12.5%