News Round-Up: 16 Jul 2008

Recession-Plagued Nation Demands New Bubble To Invest In – Onion

Fed Steps Back From Imaginary Tightening Ledge: Caroline Baum – Blomberg

Financier’s Death Hints at Trouble for Lenders – WSJ

Goldman Is Queried About Bear’s Fall – WSJ

Jim Rogers: Fannie Plan a ‘Disaster’ – Big Picture

Fannie, Freddie and You – Paul Krugman, New York Times

Confusion at IndyMac fuels customers’ anger – LA Times

Crisis Tests Faith in U.S. Economy – WSJ

U.S. faces global funding crisis, warns Merrill Lynch – Telegraph

Gordon Brown is too busy blaming others when he should be taking action – Tory Leader David Cameron, Telegraph

Irish Housing market ‘will fall by up to 40pc from 2005 peak’ – Irish Independent

Fannie Mae, Freddie Mac May Halt Dividends on Losses – Bloomberg

Anger and Dismay at the Sale of a City Treasure – New York Times

What Brad and Angelina need to know about twins – Irish Independent

Caroline Baumfinancial news