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Daily Dispatches

Anna Schwartz blames Fed for sub-prime crisis

Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Sunday, January 13, 2008

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/01/13/ccschw...

As rebukes go in the close-knit world of central banking, few hurt as much as the scathing indictment of US Federal Reserve policy by Professor Anna Schwartz.

Odds rising for recession, rate cuts, tax rebates

Section: Daily Dispatches

Odds Are Growing for Economic Recession

By Jeannine Aversa
Associated Press
via Yahoo News
Sunday, January 13, 2008

http://news.yahoo.com/s/ap/20080113/ap_on_bi_ge/recession_odds;_ylt=Arwv...

James Turk: Uncharted territory for gold

Section: Daily Dispatches

12:20p ET Sunday, January 13, 2008

Dear Friend of GATA and Gold:

Largest Saudi bank urges government to cut dollar exposure

Section: Daily Dispatches

From Reuters
via Yahoo News
Saturday, January 12, 2008

http://sg.news.yahoo.com/rtrs/20080112/tbs-gulf-currencies-saudi-955c2a1...

RIYADH, Saudi Arabia -- Saudi Arabia's largest state bank urged the government to reduce the kingdom's exposure to the dollar by investing more assets outside the United states and gradually changing the riyal's peg to the weak U.S. currency.

Gold council's ETF claims more gold than ECB, Russia, China

Section: Daily Dispatches

Warehousing Bullion for Gold's Supermarket

As Metal Hits New Highs,
Exchange-Traded Fund's
$18 Billion Cache Only Grows

By John Spence
MarketWatch.com
Friday, January 11, 2008

http://www.marketwatch.com/news/story/story.aspx?guid=%7B378D71CA%2DFDCF...

Nationalization of Northern Rock more likely than commercial rescue

Section: Daily Dispatches

Bankers Throw in the Towel Over Rock

By Katherine Griffiths, Philip Aldrick, and Helen Power
The Telegraph, London
Saturday, January 12, 2008

http://www.telegraph.co.uk/money/main.jhtml;jsessionid=ETMRJBRBWKXF3QFIQ...

Citigroup negotiates bailout by Saudi prince, Chinese bank

Section: Daily Dispatches

Citi Looking Abroad For Major Investors

By David Enrich and Robin Sidel
The Wall Street Journal
Saturday, January 12, 2008

Prince Alwaleed bin Talal is poised to once again come to the rescue of Citigroup Inc.

This time, the Saudi billionaire is expected to be joined by other investors, including the China Development Bank, people familiar with the matter said.

Moody's says overspending threatens U.S. debt rating

Section: Daily Dispatches

By Francesco Guerrera, Aline van Duyn, and Daniel Pimlott
Financial Times, London
Thursday, January 10, 2008

http://www.ft.com/cms/s/0/40f3a2be-bfa9-11dc-8052-0000779fd2ac.html?ncli...

Citigroup, Merrill seek more foreign capital infusions

Section: Daily Dispatches

Citigroup, Merrill Seek
More Foreign Capital

Moves, Foreshadowing
Further Write-Downs,
Raise Regulatory Issues

By David Enrich, Randall Smith, and Damian Paletta
The Wall Street Journal
Thursday, January 10, 2008

Two of the biggest names on Wall Street are going hat in hand, again, to foreign investors.

Morgan rewards former PM Blair with +$1 million per year

Section: Daily Dispatches

Blair Takes Advisory Position at JPMorgan

By David Wighton
Financial Times, London
Wednesday, January 9, 2008

http://www.ft.com/cms/s/0/be4ed2c4-befa-11dc-8c61-0000779fd2ac.html

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