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Daily Dispatches
At least three banks seen central to LIBOR rigging
Submitted by cpowell on Sat, 2012-07-28 16:07 Section: Daily DispatchesBy Carrick Mollenkamp and Emily Flitter
Reuters
Saturday, July 28, 2012
http://www.reuters.com/article/2012/07/28/us-banking-libor-traders-idUSB...
New details from court documents and sources close to the Libor scandal investigation suggest that groups of traders working at three major European banks were heavily involved in rigging global benchmark interest rates.
Douglas Keenan: My thwarted attempt to tell of LIBOR shenanigans
Submitted by cpowell on Fri, 2012-07-27 11:26 Section: Daily DispatchesBy Douglas Keenan
Financial Times, London
Thursday, July 26, 2012
http://www.ft.com/intl/cms/s/0/dc5f49c2-d67b-11e1-ba60-00144feabdc0.html
EU may criminalize commodities price distortion
Submitted by cpowell on Fri, 2012-07-27 08:55 Section: Daily DispatchesThen all they'd have to do is find someone willing to enforce the law.
* * *
By Barbara Lewis
Reuters
Thursday, July 26, 2012
http://www.reuters.com/article/2012/07/26/eu-benchmarks-idUSL6E8IQEL7201...
GoldMoney interview with Cheviot's Naylor-Leyland cites gold market manipulation
Submitted by cpowell on Wed, 2012-07-25 22:51 Section: Daily Dispatches10:50p ET Wednesday, July 25, 2012
Dear Friend of GATA and Gold:
Gold will rise sharply soon, Hathaway tells King World News
Submitted by cpowell on Wed, 2012-07-25 21:34 Section: Daily Dispatches9:31p ET Wednesday, July 25, 2012
Dear Friend of GATA and Gold:
New York Sun: Ron Paul's triumph
Submitted by cpowell on Wed, 2012-07-25 21:11 Section: Daily Dispatches9:07p ET Wednesday, July 25, 2012
Dear Friend of GATA and Gold:
Applauding U.S. Rep. Ron Paul for having gotten the House of Representatives to pass legislation for a full audit of the Federal Reserve, the New York Sun says tonight:
House approves Paul's legislation to audit Federal Reserve
Submitted by cpowell on Wed, 2012-07-25 16:02 Section: Daily DispatchesBy Joshua Zumbrun
Bloomberg News
Wednesday, July 25, 2012
http://www.bloomberg.com/news/2012-07-25/fed-audit-bill-opposed-by-berna...
WASHINGTON -- The U.S. House of Representatives today approved legislation that would subject the Federal Reserve to an audit of monetary policy, including deliberations over changes to the benchmark interest rate.
Paul Craig Roberts interview: All investment avenues are rigged
Submitted by cpowell on Wed, 2012-07-25 13:01 Section: Daily Dispatches1p ET Wednesday, July 25, 2012
Dear Friend of GATA and Gold:
Fed has destroyed money and capital markets, Stockman tells Casey Research
Submitted by cpowell on Wed, 2012-07-25 12:30 Section: Daily Dispatches12:27p ET Wednesday, July 25, 2012
Dear Friend of GATA and Gold:
Alex Daley of Casey Research this week interviews former U.S. budget director David Stockman and gets him to remark that Federal Reserve intervention has destroyed the money and capital markets. The interview is posted at the Casey Research Internet site here:
Ben Davies: Seeking value in a world of financial repression
Submitted by cpowell on Tue, 2012-07-24 22:55 Section: Daily Dispatches10:58p ET Tuesday, July 24, 2012
Dear Friend of GATA and Gold:
Four years ago, at GATA's Washington conference, your secretary/treasurer remarked that there were no markets anymore, just interventions --
-- and, last year, elaborating at the Cheviot Asset Management Sound Money Conference in London --