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Daily Dispatches
China promises more market liberalization, including gold
Submitted by cpowell on Mon, 2007-03-12 09:07 Section: Daily DispatchesBig Trade Surplus Overshadows China's Reform Pledge
By Eadie Chen and Tamora Vidaillet
Reuters
via Yahoo News
Monday, March 12, 2007
http://news.yahoo.com/s/nm/20070312/bs_nm/china_economy_dc;_ylt=AuiGiQRW...
China will keep buying U.S. Treasuries as it diversifies reserves
Submitted by cpowell on Sun, 2007-03-11 19:54 Section: Daily DispatchesBy Christina Soon
Bloomberg News Service
Sunday, March 11, 2007
http://www.bloomberg.com/apps/news?pid=20601087&sid=a5waLpE3W.zc&refer=home
BEIJING -- China will keep buying U.S. Treasuries after a new state investment agency begins operations to help the nation manage its $1.07 trillion foreign-exchange reserves, central bank Vice Governor Wu Xiaoling said.
Concern grows over inadequate funding of commodities trading regulator
Submitted by cpowell on Sun, 2007-03-11 13:53 Section: Daily DispatchesBy Jeremy Grant
Financial Times, London
Sunday, March 11, 2007
http://www.ft.com/cms/s/2b51ab1c-cfdc-11db-94cb-000b5df10621.html
WASHINGTON -- Concern that US regulators may be too financially stretched to continue adequately to oversee the booming futures markets was thrown into focus on Friday when a top Democrat promised to investigate the issue.
No more no-money-down mortgages from Countrywide
Submitted by cpowell on Sat, 2007-03-10 19:24 Section: Daily DispatchesFrom Reuters
Friday, March 9, 2007
http://news.yahoo.com/s/nm/20070309/bs_nm/subprime_countrywide_dc;_ylt=A...
Countrywide Financial Corp., the largest U.S. mortgage lender, on Friday told its brokers to stop offering borrowers the option of no-money-down home loans, according to a document obtained by Reuters.
A mining speculator fights a gold Goliath high in the Andes
Submitted by cpowell on Sat, 2007-03-10 17:40 Section: Daily DispatchesRick Westhead
Toronto Star
Saturday, March 10, 2007
http://www.thestar.com/article/190390
COPIAPO, Chile -- When mining speculator Rodolfo Villar discovered Canada's Barrick Gold Corp. wanted to buy his claim to a remote, rugged tract of land in the Andes mountains, he anticipated a million-dollar payday.
China forms company to spend FX reserves
Submitted by cpowell on Fri, 2007-03-09 12:25 Section: Daily DispatchesBy Joe McDonald
Associated Press
via Yahoo News
Friday, March 9, 2007
http://news.yahoo.com/s/ap/20070309/ap_on_bi_ge/china_foreign_reserves;_...
Paulson tells China: Let Goldman Sachs, Morgan Chase take over your banks
Submitted by cpowell on Thu, 2007-03-08 20:54 Section: Daily DispatchesPaulson Urges China
to Deepen Reforms
By Geoff Dyer
Financial Times, London
Thursday, March 8, 2007
http://www.ft.com/cms/s/9f4f846e-cd0a-11db-a938-000b5df10621.html
Martin Armstrong: The white-collar defendant time forgot
Submitted by cpowell on Wed, 2007-03-07 20:02 Section: Daily Dispatches8p ET Wednesday, March 7, 2007
Dear Friend of GATA and Gold:
Assuming government bailout protection, Moody's upgrades Morgan Chase
Submitted by cpowell on Wed, 2007-03-07 09:03 Section: Daily DispatchesBy Joseph N. DiStefano and Steven Bodzin
Bloomberg News Service
Saturday, March 3, 2007
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=abohn9cD2fIw
JPMorgan Chase & Co., Bank of New York Co., and State Street Bank & Trust Co. gained higher credit ratings from Moody's Investors Service Inc., which said the U.S. government would back the banks if they faced default.
Hugo Salinas Price: A fairy-tale world
Submitted by cpowell on Tue, 2007-03-06 21:46 Section: Daily Dispatches9:46p ET Tuesday, March 6, 2007
Dear Friend of GATA and Gold:
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