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Daily Dispatches
Lehman bankruptcy breaks the buck at money-market fund
Submitted by cpowell on Tue, 2008-09-16 20:16 Section: Daily DispatchesReserve Primary Money Fund Falls Below $1 a Share
By Christopher Condon
Bloomberg News
Tuesday, September 16, 2008
BOSTON -- Reserve Primary Fund became the first money-market fund in 14 years to expose investors to losses after writing off $785 million of debt issued by bankrupt Lehman Brothers Holdings Inc.
U.S. government considers bailout for AIG
Submitted by cpowell on Tue, 2008-09-16 20:09 Section: Daily DispatchesAuthorities Consider Loan to AIG
By Francesco Guerrera, Aline van Duyn, and Krishna Guha
Financial Times, London
Tuesday, September 16, 2008
http://www.ft.com/cms/s/0/271257f2-83f1-11dd-bf00-000077b07658.html?ncli...
AIG fears halt exchange-traded commodities
Submitted by cpowell on Tue, 2008-09-16 19:47 Section: Daily DispatchesBy Rosie Murray-West
The Telegraph, London
Tuesday, September 16, 2008
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/09/17/cnetc1...
Shareholders were left unable to trade popular commodity securities yesterday, due to fears over the future of their backer, AIG.
Ted Butler: Welcome to the jungle
Submitted by cpowell on Tue, 2008-09-16 16:49 Section: Daily Dispatches4:46p ET Tuesday, September 16, 2008
Dear Friend of GATA and Gold (and Silver):
Mysterious index futures buying cushioned market on Monday
Submitted by cpowell on Tue, 2008-09-16 08:50 Section: Daily DispatchesWall Street's Stormy Week
By John Crudele
New York Post
Tuesday, September 16, 2008
http://www.nypost.com/seven/09162008/business/wall_streets_stormy_week_1...
It could have been worse. In fact, it should have been an utter disaster.
The Dow Jones industrial average lost more than 500 points yesterday and it's difficult to find the bright side of that.
Jason Hommel: Silver shortage feedback
Submitted by cpowell on Tue, 2008-09-16 08:30 Section: Daily Dispatches8:30a ET Tuesday, September 16, 2008
Dear Friend of GATA and Gold (and Silver):
Gene Arensberg: Banks covering gold shorts, not silver yet
Submitted by cpowell on Tue, 2008-09-16 08:20 Section: Daily Dispatches8:15a ET Tuesday, September 16, 2008
Dear Friend of GATA and Gold (and Silver):
Gold trader, employee charged in wife's murder
Submitted by cpowell on Tue, 2008-09-16 00:57 Section: Daily DispatchesBy The Associated Press
via Yahoo News
Monday, September 15, 2008
http://news.yahoo.com/s/ap/20080916/ap_on_re_us/parking_structure_attack_1
LOS ANGELES -- A wealthy gold trader was charged Monday with paying one of his workers to arrange the stabbing death of the businessman's estranged wife, authorities said.
Listen to Las Vegas conference debate on gold price manipulation
Submitted by cpowell on Mon, 2008-09-15 21:24 Section: Daily Dispatches9:18p ET Monday, September 15, 2008
Dear Friend of GATA and Gold:
Al Korelin of the Korelin Economics Report moderated the debate on gold price manipulation between GATA Chairman Bill Murphy and Resource Investor's Tim Wood at the Hard Assets Investment Conference in Las Vegas last Wednesday, and now audio of the debate has been posted at the Korelin site here:
Jonathan Weil: Lehman fails but market cops are eating doughnuts
Submitted by cpowell on Mon, 2008-09-15 19:18 Section: Daily DispatchesBy Jonathan Weil
Bloomberg News
Monday, September 15, 2008
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=atzOPo2aWj2I
Now can we get some subpoenas flying?
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