You are here
Daily Dispatches
Fines for market rigging are tiny fraction of its profits
Submitted by cpowell on Sat, 2007-03-17 00:08 Section: Daily DispatchesSEC Allows Auction-Rate
Manipulation With Disclosure
By Darrell Preston
Bloomberg News Service
Friday, March 16, 2007
http://www.bloomberg.com/apps/news?pid=20601103&sid=amVIyWQRrnkI&refer=news
China tries to reassure world about its impact on markets
Submitted by cpowell on Fri, 2007-03-16 23:47 Section: Daily DispatchesBy Joe McDonald
Associated Press
via Yahoo News
Friday, March 16, 2007
http://news.yahoo.com/s/ap/20070316/ap_on_bi_ge/china_economy_2
China says investment plans won't affect its dollar assets
Submitted by cpowell on Fri, 2007-03-16 00:32 Section: Daily DispatchesMaybe ... if owners of hard assets around the world are willing to trade them to China for China's U.S. government bonds and not liquidate the bonds and spend the cash on anything themselves. There's a sucker born every minute, but are there really THAT many suckers outside China?
* * *
By the Associated Press
via Yahoo News
Thursday, March 15, 2007
Keeping housing prices up solves subprime problem, Greenspan says
Submitted by cpowell on Thu, 2007-03-15 23:11 Section: Daily DispatchesSubprime Spillover Is Unlikely,
Former Fed Chairman Greenspan Says
By Brian Skoloff
Associated Press
via Yahoo News
Thursday, March 15, 2007
http://news.yahoo.com/s/ap/20070315/ap_on_bi_ge/greenspan;_ylt=AsWhyHnP4...
Two more lunches for GATA sympathizers in Oz and environs
Submitted by cpowell on Wed, 2007-03-14 21:16 Section: Daily Dispatches9:14p ET Wednesday, March 14, 2007
Dear Friend of GATA and Gold:
GATA sympathizers in Australia and denizens of the southern hemisphere nearby, from Polynesia to Bouvet Island, are cordially invited to a couple of lunches next month in Sydney and Canberra.
The details:
Sydney: noon, Thursday, April 12, at the Tattersalls Club, 181 Elizabeth St, Sydney City.
Foreign love for U.S. assets at risk in subprime drop
Submitted by cpowell on Wed, 2007-03-14 20:47 Section: Daily DispatchesBy Jennifer Ablan
Reuters
Wednesday, March 14, 2007
http://www.reuters.com/article/reutersEdge/idUSN1428164620070314
NEW YORK -- The deepest housing decline in 16 years could slow an inflow of global capital that has more than funded the massive fiscal and external deficits in the United States.
Goldman pays $2 million to settle 'naked' short-selling case
Submitted by cpowell on Wed, 2007-03-14 20:17 Section: Daily DispatchesBy The Associated Press
via Yahoo News
Wednesday, March 14, 2007
http://biz.yahoo.com/ap/070314/goldman_sec_settlement.html?.v=1
WASHINGTON -- Goldman Sachs Group Inc.'s clearing unit has agreed to pay $2 million in civil penalties to settle allegations that it allowed customers to illegally profit by selling securities short just before public offerings of stock, regulators said.
Housing decline, subprime mortgage crash 'largely contained,' Paulson says
Submitted by cpowell on Tue, 2007-03-13 22:58 Section: Daily DispatchesFrom Reuters
via Yahoo News
Tuesday, March 13, 2007
http://news.yahoo.com/s/nm/20070313/bs_nm/usa_subprime_paulson_dc;_ylt=A...
WASHINGTON -- U.S. Treasury Secretary Henry Paulson said on Tuesday a decline in U.S. housing activity has caused some damage in subprime mortgage markets but was not hurting the overall economy.
Blanchard & Co. research note: European central bank gold sales declining
Submitted by cpowell on Tue, 2007-03-13 22:12 Section: Daily DispatchesBy Neal R. Ryan
Vice President and Director of Economic Research
Blanchard and Co. Inc., New Orleans
Tuesday, March 13, 2007
Stewart Armstrong: United we will stand
Submitted by cpowell on Tue, 2007-03-13 21:49 Section: Daily Dispatches9:48p Et Tuesday, March 13, 2007
Dear Friend of GATA and Gold:
Mining industry analyst Stewart Armstrong has written a wonderful rant about gold, life, the universe, and everything, including a few generous compliments for GATA. It's called "United We Will Stand" and you can find it at GoldSeek here:
Pages
