Daily Dispatches

The credit crisis could be just beginning

Submitted by cpowell on Fri, 2007-09-21 22:51 Section: Daily Dispatches

By Jon D. Markman
TheStreet.com
Friday, September 21, 2007

http://www.thestreet.com/s/the-credit-crisis-could-be-just-beginning/new...

Satyajit Das is laughing. It appears I have said something very funny, but I have no idea what it was. My only clue is that the laugh sounds somewhat pitying.

Read more about The credit crisis could be just beginning

Despite gains, gold lacks broad investor appeal

Submitted by cpowell on Thu, 2007-09-20 22:06 Section: Daily Dispatches

By Muralikumar Anantharaman
Reuters
Thursday, September 20, 2007

http://www.reuters.com/article/businessNews/idUSN1931204120070920

BOSTON -- Many investors are mystified by gold and aren't warming to it even as prices hit 28-year highs and the world's top producer says market conditions are a positive "perfect storm" for the precious metal.

Read more about Despite gains, gold lacks broad investor appeal

If Canadians could play REAL football, they'd be dangerous now

Submitted by cpowell on Thu, 2007-09-20 21:51 Section: Daily Dispatches

Loonie Reaches Parity with Greenback

By Jackie Farwell
Associated Press
Thursday, September 20, 2007

http://news.yahoo.com/s/ap/20070920/ap_on_bi_ge/dollar;_ylt=ApQrjjk.bP7K...

NEW YORK -- For the first time since Gerald Ford was president, the loonie can buy as much as the greenback.

Read more about If Canadians could play REAL football, they'd be dangerous now

British chickens may have to start laying smaller eggs

Submitted by cpowell on Thu, 2007-09-20 21:44 Section: Daily Dispatches

Market Ingredients Put
in Place for a More Costly
full English Breakfast

By Carl Mortished
The Times, London
Friday, September 14, 2007

http://business.timesonline.co.uk/tol/business/industry_sectors/consumer...

Read more about British chickens may have to start laying smaller eggs

Government guarantee effectively nationalizes Northern Rock

Submitted by cpowell on Thu, 2007-09-20 21:33 Section: Daily Dispatches

By Philip Aldrick and Iain Dey
The Telegraph, London
Friday, September 21, 2007

http://www.telegraph.co.uk/money/main.jhtml;jsessionid=YFABX0VTNHWC1QFIQ...

Northern Rock has effectively been nationalised by the Treasury's unprecedented guarantee this week to protect all deposits at the beleaguered mortgage lender.

Read more about Government guarantee effectively nationalizes Northern Rock

Peter Brimelow: Rate cut makes bear Murphy feel more golden than ever

Submitted by cpowell on Thu, 2007-09-20 09:04 Section: Daily Dispatches

By Peter Brimelow
MarketWatch.com
Thursday, September 20, 2007

http://www.marketwatch.com/news/story/bear-feels-more-golden-ever/story....

NEW YORK -- Fed frenzy? As stocks surge for the second day after the rate cut, bulls feel vindicated but so does at least one bear.

Read more about Peter Brimelow: Rate cut makes bear Murphy feel more golden than ever

As inflation rages, China would freeze some prices

Submitted by cpowell on Thu, 2007-09-20 01:34 Section: Daily Dispatches

By Joe McDonald
Associated Press
via Yahoo News
Thursday, September 20, 2007

http://news.yahoo.com/s/ap/20070920/ap_on_bi_ge/china_inflation;_ylt=AqB...

BEIJING -- China's government has ordered some prices frozen and told officials to closely monitor others in its most drastic step yet to contain a surge in inflation.