Daily Dispatches

Gretchen Morgenson: Rescue me -- Fed bailout crosses a line

Submitted by cpowell on Mon, 2008-03-17 21:25 Section: Daily Dispatches

By Gretchen Morgenson
The New York Times
Sunday, March 16, 2008

http://www.nytimes.com/2008/03/16/business/16gret.html

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Rescuing dollar raises potential policy tug-of-war

Submitted by cpowell on Mon, 2008-03-17 20:58 Section: Daily Dispatches

Rescuing Dollar Raises
Potential Policy Tug of War

Treasury Intervention
Would Reduce Supply,
Undermining Fed Boost

By Craig Karmin
The Wall Street Journal
Tuesday, March 18, 2008

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Banks want five times the emergency cash offered by Bank of England

Submitted by cpowell on Mon, 2008-03-17 20:47 Section: Daily Dispatches

British Banks Hold Out Their Begging Bowls

By Siobhan Kennedy
The Times, London
Tuesday, March 18, 2008

http://business.timesonline.co.uk/tol/business/economics/article3572428.ece

High Street banks went with begging bowls to the Bank of England yesterday, seeking more than L23 billion in emergency loans as fears over the global credit crunch deepened.

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Paulson wants 'strong dollar' but will world prop it up?

Submitted by cpowell on Mon, 2008-03-17 19:06 Section: Daily Dispatches

Paulson Declines Comment
on Dollar Intervention

By Veronica Smith
Agence France-Presse
via Yahoo News
Monday, March 17, 2008

http://news.yahoo.com/s/afp/20080317/pl_afp/useconomymarketsforex_080317...

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Dollar's nosedive stirs joint intervention jitters

Submitted by cpowell on Mon, 2008-03-17 11:39 Section: Daily Dispatches

By Satomi Noguchi
Reuters
Monday, March 17, 2008

http://www.reuters.com/article/businessNews/idUST29534420080317?sp=true

TOKYO -- The dollar's sharp slide to 13-year lows against the yen and fresh all-time lows versus the euro today is stoking jitters about the possibility of joint central bank intervention to prop up the dollar.

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James Turk: Counterparty risk is escalating

Submitted by cpowell on Mon, 2008-03-17 08:58 Section: Daily Dispatches

8:53a ET Monday, March 17, 2008

Dear Friend of GATA and Gold:

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Murphy's Friday 'Midas' posted in the clear at GoldSeek

Submitted by cpowell on Sun, 2008-03-16 22:17 Section: Daily Dispatches

10:05p ET Sunday, March 16, 2008

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy's "Midas" commentary from Friday at LeMetropoleCafe.com has been posted in the clear at GoldSeek. It contains some encouragement to register for the conference GATA will hold from April 17-19, "GATA Goes to Washington -- Anybody Seen Our Gold?"