Tuesday Links

• Fed Lowers Rate to 4.75 Percent, First Cut Since 2003 [blomberg.com]
• Northern Rock woes reminder of bank runs threat [reuters.com]
• Countrywide's bank deposits recover, CEO says [marketwatch.com]
• Are record oil prices set to torture consumers? [marketwatch.com]
• NuAmerica money chase is a race against the clock [washington.bizjournals.com]
• House votes to expand mortgage coverage [money.cnn.com]
• Land bordering race track up for sale [gazette.net]
• For Rich Mexicans, Parallel Lives in U.S. [nytimes.com]
• A Tudor Enclave, Newly Historic [washingtonpost.com]
• Wayne Gretzky sells his Southern California home [latimes.com]
• Installment sale can lure buyers, ease taxes [bankrate.com]
• 5 Ways to Cash In on the Fed Rate Cut [biz.yahoo.com]