Economy Shrinks At Staggering Rate Washington Post

Buffett Offers Gloomy Outlook for ’09 NY Times

The economy is spiraling down at an accelerating pace NY Times

Why It's Taking So Long To Fix the Economy US News & World Report

In hard times, more U.S. women try to sell their eggs USA Today

No job, no insurance -- Now what?
CNN

State caught in avalanche of job losses Los Angeles Time

U.S. Economy: Bad To Worse Forbes

Dire growth data fuel Asian fears Financial Times

The New Unwind Seeking Alpha

Citi Gets Third Rescue as U.S. Plans to Raise Stake Bloomberg

GE Cuts Dividend as Immelt Seeks to Safeguard AAA Rating Bloomberg

Gross domestic product shrank at a 6.2 percent annual pace from October through December, the most since 1982, Bloomberg

House of Cards: The Faces Behind Foreclosures Time

The Budget Numbers Whitehouse.gov

$25,573.48 - What Obama budget will cost each taxpayer Telegraph.co.uk

Personal Bankruptcies Soar Housingwire

Euro-zone unemployment rises to 8.2% in January Marketwatch

Japan's industrial output tumbles 10% in January Marketwatch

Mortgage Deduction Looks Less Sacred WSJ

Business Braces for a Big Hit WSJ

Palm Beach Mall to cut hours next month Palm Beach Post

About 5,000 flock to South Florida job fair in Davie Sun-Sentinel

Frugal Families say cutting costs long term is hard USA Today

Home Sales Down 48% US Census

New orders for manufactured durable goods in January decreased $9.0 billion or 5.2 percent Census.gov

After sharp loss, GM says auditors are considering its survival USA Today

Malls Race to Stay Relevant in Downturn WSJ

Take everything they earn, and it still won't be enough. WSJ

Groping for the Economy's Bottom Yahoo Finance

Outlook grim for budget's costly initiatives Washington Times

Official: Budget projects $1.75 trillion deficit My Way

U.K. Takes RBS to Brink of NationalizationWSJ

GM posts $9.6B 4Q loss, burns through $6.2B cash AP

New jobless claims jump unexpectedly to 667,000, continuing claims top 5.1 million AP

Royal Bank of Scotland posts huge loss for 2008, unveils restructuring program AP

Recession is already longer-lasting than thought Telegraph.co.uk

Main Street America has its own set of economic indicators. Los Angeles Times

Restaurants and others tempt shoppers with 2-for-1 coupons USA Today

Bartering booms during economic tough times USA Today

Many of those nearing retirement will have very little to live on thanks to an erosion of home equity. CNN

Existing home sales sink 5.3 percent in January in weakest month since July 1997 AP

Small biz loan failure rate hits 12% CNN Money

Employers took 2,227 mass layoff actions in January that resulted in the separation of 237,902 workers Bureau of Labor Statistics

U.S. Existing Home Sales, Prices Slumped in January Bloomberg

Three Words to Save Your Home ABC News Video

Thousands queue at New York job fair Financial Times

GM Bankruptcy Advisers’ Fees Might Be ‘Bonanza’ $1.2 Billion Bloomberg

Extending the Great Depression Analogy Marketwatch

Twin Crises Feed the Spiral WSJ

The housing market is still crucial to the recovery of other markets, yet it still hasn't found a bottom. WSJ

Bank charge-offs jump 42% to record $34.5 billion Marketwatch

San Francisco Chronicle to be sold or closed if owner can't lower expenses dramatically AP

Jailed Billionaires Show New Face of China as Markets Unravel Bloomberg

Japan Exports Plummet 45.7%, Deficit Widens to Record Bloomberg

The Next Economic Bubble to Burst CNBC

Americans reach for small luxuries amid sour economy USA Today

Public to feds: Help regular folk first USA Today

U.S. Consumer Confidence Collapsed to Record Low Bloomberg

Home Prices Fell 8.2 Percent in 2008 on Foreclosures Bloomberg

Bernanke: economy suffering 'severe contraction' AP

Across Atlantic, Echoes in R.B.S.’s Lifeline NY Times

The Japanese government is considering ways to prop up the ailing stock market, Financial Times

The Coming Depression: See It Clearly Through Historical Eyes 57 comments Seeking Alpha

Next Crisis: Commercial Real Estate Forbes

The wave of foreclosures in Florida continues to batter condo and homeowner associations, which have been forced to cut expenses and raise fees. Palm Beach Post

U.S. Stocks Fall, Sending Market to Its Lowest Close Since 1997 Bloomberg

Stock-Market Pullback Isn't Just 'Financial' Now Yahoo

Banking on the Brink NY Times (Paul Krugman)

Regulators pledge to shore up financial system Yahoo Finance

Philadelphia Inquirer Files For Bankruptcy Protection Financial Times

The American Car Industry In Pieces The Economist

Greenspan’s Libor Barometer Shows Markets Stay Frozen (Update2) Bloomberg

Bankruptcy Funding Solicited for Car Makers WSJ

Cash Strapped Consumers Eat At Home USA Today

Clinton Urges China to Keep Buying US Debt Breitbart

Fed Eyes Large Stake in City WSJ

The Spiral of Ignorance Lack of understanding of the credit crunch is magnifying its damage The Economist

U.S. Lawmakers Clash Over Nationalizing Banks to Stem Declines Bloomberg

Non-recourse Loans Positively Counterproductive Seeking Alpha

Human Nature and the Financial Crisis Forbes

In a Recession the Consumer is Queen Time

States Cut Spending as U.S. Stimulus Fails to Fix Budget Woes Bloomberg

Journal Register Co., the debt-strapped owner of the New Haven Register and 19 other daily papers, filed for Chapter 11 bankruptcy protection Saturday, WSJ

Joblessness takes a toll on the soul Los Angeles Times

20% in Los Angeles County receive public aid Los Angeles Times

How The Mighty Banks Have Fallen WSJ

When Consumers Cut Back - A Lesson From Japan NY Times

California On the Edge Fortune

With a New Budget, Now Californians Brace for the Pain Time

FOMC’s Housing Outlook Remains Weak Housingwire.com

Dow sinks to 7,365 -- the lowest point of the current bear market Los Angeles Times

Soros Sees No Bottom to World Financial Collapse Yahoo

GM shares hit a 74-year low as automaker's future uncertain USA Today

Credit crunch may only have just begun, S&P warns Marketwatch

Its Muscle Car Glory Faded, Pontiac Shrivels Up NY Times

Smoot-Hawley’s Ghost Appears as Economy Tanks: Michael R. Sesit Bloomberg

Saab files for creditor protection Financial Times

The collapse of manufacturing Economist

Euro-zone PMI sees surprise plunge in February
Marketwatch

What Will We Do With All That Debt? Seeking Alpha

Europe's Economic Contraction Intensifies in February Seeking Alpha

Fix-It Nation: In Tough Times, Tailors and Cobblers Thrive Time

Home repossessions rise 54pc to 40,000 Telegraph.co.UK

Jumbo Loan Defaults Rise at Fast Pace as Rich Suffer Bloomberg

Trouble in paradise: Cash-strapped tourists avoid Hawaii USA Today

Misery Has a Long Reach in California USA Today

John Laing Homes, One of the Nations Largest, Files Bankruptcy Los Angeles Times

Housing plan's aim: Help people help themselves USA Today

Get Ready for Mass Retail Closings Yahoo Finance

Japan Cuts Its Outlook for the Fifth Straight Month WSJ

Consumer Spending Still Deteriorating Barrons

Jobless Claims Nearing 5,000,000 - All Time High Los Angeles Times

Fed downgrades economic forecast; Bernanke vows to do 'everything possible' USA Today

Homeowner Affordability and Stability Plan Executive Summary US Treasury

Obama Pledges $275 Billion to Stem U.S. Foreclosures Bloomberg

Cheering for Obama Stimulus Buys Into 1930s Myth: Bloomberg

Japan’s lessons for a world of balance-sheet deflation Financial Times

U.S. chain store sales rose 0.9% in the first two weeks of February compared with the previous month, Forex

The recession is throwing millions out of work. What the new jobless class can tell you about what it's like out there. Fortune

Unless demand for cars can be revived, it may not matter how much fat GM and Chrysler cut. Forbes

Britain's AAA credit rating threatened by scale of bank bail-out Telegraph.Co.UK

Gold hits record against euro on fear of Zimbabwean-style response to bank crisis Telegraph.Co.UK

General Motors Corp. and Chrysler LLC, both drowning in debt as car sales continue to spiral downward Marketwatch

Housing starts plunge nearly 17% to record-low 466,000 rate
Marketwatch

South Florida at forefront of foreclosure crisis Sun-Sentinel

Thousands Seek Census Jobs in Downturn USA Today

The Worst is Yet to Come Yahoo Finance

How the Credit-Loss Cycle Got Supersized Barron's

U.S. Stocks Slide to 3-Month Low on Recession Concern; GM Sinks Bloomberg

Donald Trump's Casino Group Files Bankruptcy Fox News

Governor prepares to send out 20,000 pink slips Los Angeles Times

Decade at Bernie’s Paul Krugman - NY Times

Across Region, Economy Pulls Rug From Under More and More 2-Parent Households Washington Post

GM and Chrysler hasten restructuring Financial Times

Recession worse than first feared, Bank of England's deputy Governor warns Telegraph.co.uk

A survival guide for the looming threat of deflation. Marketwatch

Retailers' loss of revenue hammers city and state budgets USA Today

Government pension agency braces for recession Yahoo Finance

Bad Sign - Few CEO's Buying Their Company's StockUSA Today

Japan's GDP plunges 12.7% Los Angeles Times

Full Text of the American Recovery and Reinvestment Act of 2009Rules.House.Gov

Outstanding Graphic of Stimulus Spending by Washington Post

Charts of Congressional Budget Office Cost Estimates Read the Simulus.Org

American Recovery and Reinvestment Act of 2009 Congressional Budget Office Report

G-7 Says ‘Severe’ Downturn to Persist, Vows to End It (Update2) Bloomberg

Congress Sends Obama $787 Billion Economic Stimulus Package Bloomberg

Buy-outs are souring at an alarming rate as banks turn away The Economist

Banks halt foreclosures; Obama to outline plan USA Today

Closures in Nebraska, Florida, Illinois and Oregon bring the number of bank failures to 13 this year as the financial crisis continues to roll. CNN

An Interview With Robert Barro The Atlantic

Cost-conscious customers wreaking havoc on ailing restaurants Los Angeles Times

'Historic' Stimulus Is Egregious Waste Investors Business Daily

Bank may start printing money to reverse 'deep' downturn Timesonline.co.uk

What It Would Take for Stimulus to Work Wall Street Journal

U.S. consumers' mood falls sharply Yahoo

Large U.S. banks on brink of insolvency, experts say International Herald Tribune

The Worst-Case Scenario New York Times

How Banks Are Worsening the Foreclosure Crisis Yahoo Finance

Summary of the Spending Programs in the $789 Billion Stimulus Compromise US News and World Report

If deflation sticks around, history is clear: It's bad news for all but a few Marketwatch

Europe’s Economy Contracts Most in at Least 13 Years Bloomberg

How the Crash Will Reshape America The Atlantic

One in Nine Homes Vacant USA Today

Large Banks on the Edge of Insolvency NY Times

Seven years of wealth gains gone
After years of strong growth, typical nest egg now smaller than in 2001 Marketwatch

Treasurys higher after jobless data, stimulus compromise disappoints Marketwatch

Median Home Prices Tumble in 88% of U.S. Cities Bloomberg

Retail Sales Rise Unexpectedly Bloomberg

GM to Cut 10,000 Jobs Bloomberg

COUNTRYWIDE LOSSES NEXT FOR BOFA New York Post

Cuts loom as GM, Chrysler finish viability plans Yahoo Finance

More than 1000 Banks May Fail Marketwatch

Nissan Slashes 20,000 Jobs Forbes

3.6 Million Jobs Lost - Graphic Speaker Pelosi's Website

Will Retailing Ever Recover Marketwatch

U.S. Taxpayers Risk $9.7 Trillion on Bailouts as Senate Votes Bloomberg

15 Companies That Might Not Survive 2009 Yahoo Finance

GM and Chrysler May be Put in Bankruptcy Bloomberg

Compare House and Senate Stimulus Plans Sun-Sentinel

Recession limits Americans' ability to find work by moving USA Today

Recession? No, It's a D-process, and It Will Be Long Barrons

US Bankruptcies Rose 34% in January OC Register

Saks Upends Luxury Market With Strategy to Slash Prices Wall Street Journal

Longtime workers enter jobless ranks National Public Radio

Our economy is being held to ransom by deflation fear Telegraph UK

S & P Earnings Show Largest Decline on Record Seeking Alpha

Recession Taking a Toll On Parties CNN

States' only option now is budget pain Los Angeles Times

In Florida - Despair and Foreclosures NY Times

The Stimulus Tragedy Wall Street Journal

Plan to Help Banks Sell Bad Assets NY Times

The Harsh Impact On Consumption Of Lost Home Equity Forbes

Obama Stimulus Not Necessary? US News and World Report

Seattle Job Fair Line Runs around Qwest Field Stadium Ireport.com

Why This Crisis is So Big and How Long it Will Last New Ledger

January Retail Sales Results Wall Street Journal

The Other Unemployment Rate: 13.9% Wall Street Journal

The Return of Economic Nationalism The Economist

Barack Obama's Op.Ed. Washington Post

This is Not Your Garden Variety Downturn SeekingAlpha

The End of American Capitalism? The American

Keynes Can't Help Us Now Los Angeles Times

On the Edge of an Economic Abyss - NY Times - Paul Krugman

Obama Sees Catastrophe Without Stimulus Marketwatch

S&P 500 Dividends May Decrease 13.3%, Most Since 1942 Bloomberg

U.S. Economy: Jobless Rate Soars and Payrolls Plunge by 598,000 Bloomberg

First Glimmers of Hope Telegraph UK

Now the Well-heeled are Defaulting on Mortgages The Economist

Is it Too Late to Avoid a Depression? - MSN.com

Mortgage Rates Rise on Better Than Expected Economic Data - TheTruthAboutMortgage.com

Poll: Reactions to recession vary; how are you coping? USA Today

Is America Going the Way of Japan? - Forbes

More Rate Cuts in Europe Marketwatch

Jobless Claims Surge to the Highest Level Since 1982 Marketwatch

More families move in together during housing crisis USA Today

Auto Sales Plunge USA Today

High-End Housing Market Ravaged by Stock Selloff - Yahoo Finance

A Recession of Biblical Proportions - Fortune

The End of the US as We Know It Seeking Alpha

Plan Orange - Killing the Mortgage Crisis Swiftly Seeking Alpha

Post Office on the Brink - USA Today

Foreclosures Dominate Housing Market - CNN

Will the Recovery Plan Lead to the Stimulation We Need? - Mediachannel.org

Mortgage Insurance Defaults Top 100,000 in December TheTruthAboutMortgage.com

News, Views and Analysis
Bad Banks, Insurance Wraps and Other Fanciful Notions Institutional Risk Analytics

The Detour Around Banking Disaster - How We Lost the Roadmap SeekingAlpha

Macy's to Cut 7,000 Net Jobs, Reduce Its Dividend Fox News

As economic fears rise, families on verge of unraveling USA Tdday

Frugal Americans Hurt Economic Recovery Foxnews

December Median Home Prices by City in California - California Association of Realtors

Another Half Million Jobs Lost MarketWatch

Money for Nothing Won't Grow the Economy Boston Globe

New Obama strategy could lower mortgage costs Marketwatch

Recession Comes Late But Hits Hard in Peoria -CNN