You are here
Daily Dispatches
Libor rate faces shakeup as credibility is doubted
Submitted by cpowell on Tue, 2008-05-13 11:21 Section: Daily DispatchesBy Ben Livesey and Gavin Finch
Bloomberg News Service
Tuesday, May 13, 2008
http://www.bloomberg.com/apps/news?pid=20601087&sid=az3eSerjPuDA&refer=home
LONDON -- The benchmark interest rate for $62 trillion of credit derivatives and mortgages for 6 million U.S. homeowners faces its biggest shakeup in a decade as lawmakers question if banks are understating borrowing costs.
Bernanke lunched with Wall Street before Bear rescue
Submitted by cpowell on Tue, 2008-05-13 01:26 Section: Daily DispatchesBernanke Lunched With MorganChase CEO and Rubin Before Bear Rescue
By Scott Lanman
Bloomberg News Service
Tuesday, May 12, 2008
http://www.bloomberg.com/apps/news?pid=20601109&sid=a_OXZPHcMwlA&refer=home
James Turk: An update on the dollar
Submitted by cpowell on Mon, 2008-05-12 08:51 Section: Daily Dispatches8:47a ET Monday, May 12, 2008
Dear Friend of GATA and Gold:
Ambrose Evans-Pritchard: The global slump has begun as poison spreads
Submitted by cpowell on Sun, 2008-05-11 22:53 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Monday, May 12, 2008
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/05/12/ccambr...
The avalanche of bankruptcies has begun. Six US companies of substance have defaulted on bonds over the past fortnight, against 17 for the whole of last year.
Deepcaster Letter: Profit from market manipulation by central banks
Submitted by cpowell on Sun, 2008-05-11 00:52 Section: Daily Dispatches12:47a ET Sunday, May 11, 2008
Dear Friend of GATA and Gold:
The shrinkable but (so far) unsinkable dollar
Submitted by cpowell on Sun, 2008-05-11 00:37 Section: Daily DispatchesBy Peter S. Goodman
The New York Times
Sunday, May 11, 2008
http://www.nytimes.com/2008/05/11/weekinreview/11goodman.html?_r=2&oref=...
Beijing, Riyadh will call shots on ailing dollar
Submitted by cpowell on Sun, 2008-05-11 00:30 Section: Daily DispatchesBy Liam Halligan
The Telegraph, London
Sunday, May 11, 2008
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/05/11/ccecon...
Only a month ago the dollar slumped to an all-time low against the euro. And it's just five weeks since the greenback hit a 12-year low against the yen.
If you believe central banks, currency market management is just rhetoric
Submitted by cpowell on Sat, 2008-05-10 12:53 Section: Daily DispatchesPaulson, Trichet Welcome Dollar's Recovery Since G-7
By John Brinsley and Christopher Anstey
Bloomberg News Service
Saturday, May 10, 2008
http://www.bloomberg.com/apps/news?pid=20601080&sid=aIwAaryrPsUQ
WASHINGTON -- U.S. and European officials signaled satisfaction that the dollar is stabilizing after Group of Seven policy makers expressed concern a month ago about its decline.
Al Korelin interviews GATA's Ed Steer
Submitted by cpowell on Sat, 2008-05-10 12:30 Section: Daily Dispatches12:27a ET Saturday, May 10, 2008
Dear Friend of GATA and Gold:
Al Korelin of the Korelin Economic Report yesterday interviewed GATA board member Ed Steer, an analyst for Casey Research, about the week's anomalous developments in the gold and silver market. You can listen to the interview here:
http://www.kereport.com/DailyRadio/Daily050908-1.mp3
CHRIS POWELL, Secretary/Treasurer
Financial Times admits currency market intervention via its own pages -- and invites more
Submitted by cpowell on Fri, 2008-05-09 21:25 Section: Daily Dispatches9:18p ET Friday, May 9, 2008
Dear Friend of GATA and Gold:
Pages
