Ceglia Sues for 84% of Facebook, Aluminum Prices vs. Alcoa, Rent Miami Luxury Cheap, Delinquent Prime RMBS Up

Links for July 13, 2010

Man Sues Facebook for 84% of Ownership - Mashable

US trade deficit widens to $42.3 billion in May, largest gap in 18 months, as imports rise - AP

Charles Bradford (Affiliated Research): Aluminum Prices a `Headwind' for Alcoa: Bloomberg Video

US corporation credit quality faces market threat (watching VIX): Moody's - Economic Times (h/t @asiablues)

Miami's Downtown Comes Alive as Condos Fill With Renters - Bloomberg
(Roomates pay $900/month each for wrap around balcony, water views, gym, spa, steam room)

Alcoa EPS estimates lowered at UBS on lower aluminum prices, neutral $12.85 -TheStreet.com

Seriously Delinquent Prime RMBS Rise for 37th Straight Month: Fitch Ratings - HousingWire (h/t @cheekybastardzh)

Schwab's Sonders: Market "Melt-Up" More Likely than Meltdown (Reprise) - Tech Ticker

Study: Canadians have become the biggest foreign buyers of U.S. real estate - Globe and Mail (h/t @flyir)

Brokers dismiss panamax upturn as ‘dead cat bounce’ - Lloyds List

Cavs Owner Dan Gilbert Fined $100,000 by NBA for LeBron James Comments - Bloomberg

Man Sues Facebook, Claiming to Own an 84% Stake in the Company - Fast Company

"BP makes no promises as tests begin on tight-fitting cap that could stop oil leak" - AP

Apple Falls as Consumer Reports Snub Fuels Recall Speculation - Bloomberg

Treasurys edge down before 10-year auction - MarketWatch

Wall Street bill moves toward final test in Congress - Reuters

Reserve Bank of India allowing currency options trading in India - Trading Markets

A Trillion Here, A Trillion There, Pretty Soon You’re Talking About Real Money - Professor Pinch