You are here
Daily Dispatches
Andrew Sorkin: Fed strong-armed Bear deal with deception, rule breaking
Submitted by cpowell on Tue, 2008-03-25 23:02 Section: Daily DispatchesThe Hand Behind the Deal
By Andrew Ross Sorkin
The New York Times
Tuesday, March 25, 2008
http://dealbook.blogs.nytimes.com/2008/03/25/ben-bernanke-deal-maker/
Adam Smith's invisible hand has a puppeteer: the Federal Reserve.
John P. Hussman: Bear's bondholders, not public, should pay
Submitted by cpowell on Tue, 2008-03-25 20:53 Section: Daily DispatchesWhy is Bear Stearns Trading at $6 Instead of $2?
By John P. Hussman
Tuesday, March 24, 2008
Paul urges gold standard, abolition of Fed on CNBC
Submitted by cpowell on Mon, 2008-03-24 17:24 Section: Daily Dispatches1:55p PT Monday, March 24, 2008
Dear Friend of GATA and Gold:
Paul urges gold standard, abolition of Fed on CNBC
Submitted by cpowell on Mon, 2008-03-24 17:06 Section: Daily Dispatches1:55p PT Monday, March 24, 2008
Dear Friend of GATA and Gold:
Ted Butler: All into silver now
Submitted by cpowell on Mon, 2008-03-24 16:07 Section: Daily Dispatches1p PT Monday, March 24, 2008
Dear Friend of GATA and Gold:
Morgan's revised bid for Bear emphasizes original ripoff, Fed desperation
Submitted by cpowell on Mon, 2008-03-24 15:02 Section: Daily DispatchesThis emphasizes that MorganChase's original offer for Bear Stearns was even more of a ripoff and even more desperate a maneuver by the Federal Reserve than was originally suspected.
* * *
JPMorgan Raises Bear Bid, Grabs Stake
By Chris Reiter
Reuters
Monday, March 24, 2008
http://www.reuters.com/article/topNews/idUSN2430313520080324
Time grows short to register for GATA's Washington conference
Submitted by cpowell on Sun, 2008-03-23 19:29 Section: Daily Dispatches4:21p PT Sunday, March 23, 2008
Dear Friend of GATA and Gold:
There's less than a month to go before our conference, "GATA Goes to Washington -- Anybody Seen Our Gold?," and space at the conference hotel, the Hyatt Crystal City in Arlington, Virginia, is limited and starting to fill up.
Clamor grows for more central bank intervention -- at least in Financial Times
Submitted by cpowell on Sun, 2008-03-23 19:20 Section: Daily DispatchesEconomist Forecasts Central Bank Action
By Chris Giles
Financial Times, London
Sunday, March 23, 2008
http://www.ft.com/cms/s/0/7816b7d8-f90e-11dc-bcf3-000077b07658.html
Ambrose Evans-Pritchard: Fed's rescue of Bear halted derivatives Chernobyl
Submitted by cpowell on Sun, 2008-03-23 06:21 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Sunday, March 23, 2008
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/03/23/ccfed1...
We may never know for sure whether the Federal Reserve's rescue of Bear Stearns averted a seizure of the $516 trillion derivatives system, the ultimate Chernobyl for global finance.
Fed joins Bank of England in denying junk mortgage purchase plan
Submitted by cpowell on Sat, 2008-03-22 19:50 Section: Daily DispatchesBy Sumeet Desai and Tim Ahmann
Reuters
Saturday, March 22, 2008
http://www.reuters.com/article/ousiv/idUSL2240948020080322
The Federal Reserve and Bank of England denied a report on Saturday that they were in talks over possibly using public funds to make mass purchases of mortgage-backed securities to ease the global credit crisis.
Pages
