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Daily Dispatches

Pleas for ECB rate cut grow as 1-month Euribor rate soars

Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Friday, November 30, 3007

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/11/29/bcneur...

A clutch of Europe's top economists have called on the European Central Bank to cut interest rates at its policy meeting next week, warning of severe downturn unless confidence is restored quickly to the banking system.

Bernanke hints at further rate cuts

Section: Daily Dispatches

By Jeannine Aversa
Associated Press
via Yahoo News
Thursday, November 29, 2007

http://news.yahoo.com/s/ap/20071130/ap_on_bi_ge/bernanke;_ylt=AqPHkK.Xb9...

John Crudele: The Treasury's missing minutes mystery

Section: Daily Dispatches

By John Crudele
New York Post
Thursday, November 29, 2007

http://www.nypost.com/seven/11292007/business/the_treasurys_missing_minu...

After a year and a half of stalling, the US Treasury finally complied with the Post's requests for information about The President's Working Group on Financial Markets -- by delivering 177 pages of crap.

China wins from credit crunch fallout

Section: Daily Dispatches

From The Telegraph, London
Wednesday, November 28, 2007

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/11/28/ccrock...

Towards the end of September, a group of the world's most powerful bankers met for an emergency summit on the credit crunch which, days earlier, had threatened to topple Northern Rock, Britain's fifth-biggest bank.

Ted Butler: Sheer speculation?

Section: Daily Dispatches

4:15p ET Tuesday, November 27, 2007

Dear Friend of GATA and Gold:

Another rescue from the Middle East for Citigroup

Section: Daily Dispatches

Abu Dhabi to Bolster Citigroup
With $7.5 Billion Capital Infusion

By Robin Sidel
The Wall Street Journal
Tuesday, November 27, 2007

http://online.wsj.com/article/SB119613039399104832.html?mod=yahoo_hs&ru=...

You'll find your fortune falling all over town ...

Section: Daily Dispatches

Make sure that your umbrella
Is upside-down.

* * *

Fed Plans to Ease Funding Pressures by Adding Cash

By Ye Xie and Craig Torres
Bloomberg News Service
Monday, November 26, 2007

http://www.bloomberg.com/apps/news?pid=20601087&sid=a5tREH0PkNj0&refer=home

Dimitri Speck: Gold's strange behavior during financial crisis

Section: Daily Dispatches

8:13p ET Monday, November 26, 2007

Dear Friend of GATA and Gold:

With a new paper, "Gold's Strange Behavior During Financial Crisis," market reseacher Dimitri Speck, editor of Seasonal-Charts.com, expands on his work documenting central bank intervention against gold. It can be found at Gold-Eagle here:

http://www.gold-eagle.com/editorials_05/speck112507.html

'Super SIV' fund seen as device for ingratiating banks with the government

Section: Daily Dispatches

Bank of America Takes Lead
in Backing 'Super SIV' Fund

By David Mildenberg and Christopher Condon
Bloomberg News Service
Monday, November 26, 2007

http://www.bloomberg.com/apps/news?pid=20601087&sid=afLswJw550m8&refer=home

Dollar displaces yen, Swiss franc as favorite for carry-trade funding

Section: Daily Dispatches

By Bo Nielsen
Bloomberg News Service
Monday, November 26, 2007

http://www.bloomberg.com/apps/news?pid=20601103&sid=aWMXWN6PFHa4

NEW YORK -- Using the dollar to pay for purchases of currencies with higher yields is proving to be the most profitable trade in the foreign-exchange market.

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