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Noteworthy News – April 5, 2010

Politics:

Fed in hot water over secret bailouts – CS Monitor

Long-Term Unemployed Finding It Sometimes Pays Better Not To Work – Hartford Courant

Irish banks need rescue package of up to $29.5 billion – Irish Central

AIG Less Reliant on U.S., on Path to Repaying Bailout, CEO Says – Bloomberg

Economics:

U.S. economy adds 162,000 jobs; unemployment rate unchanged at 9.7% - USA Today

Summers, Greenspan Say Economy, Job Creation Gaining Strength – BusinessWeek

Unemployed: America’s 35 Hardest Hit Cities – BillShrink

Personal Bankruptcies Skyrocket in March – BloggingStocks

Markets:

Oil surges toward $87 as U.S. economy recovers – Reuters

House Flippers in U.S. Crowd Courthouse Steps in Hunt for Deals – Bloomberg

Trichet sees markets recognizing “courageous” Greek moves – Reuters

Bulls take markets on first-quarter thrill ride – LA Times

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Posted in Economics, Markets, Media, Politics.


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