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Daily Dispatches
AP finds $1.6 billion went to execs of bailed-out banks
Submitted by cpowell on Sun, 2008-12-21 14:21 Section: Daily DispatchesBy Frank Bass and Rita Beamish
Associated Press
via Yahoo News
Sunday, December 21, 2008
http://news.yahoo.com/s/ap/20081221/ap_on_bi_ge/executive_bailouts
Banks that are getting taxpayer bailouts awarded their top executives nearly $1.6 billion in salaries, bonuses, and other benefits last year, an Associated Press analysis reveals.
Antal Fekete: Forward thinking on backwardation
Submitted by cpowell on Sun, 2008-12-21 12:02 Section: Daily Dispatches12:01p ET Sunday, December 21, 2008
Dear Friend of GATA and Gold:
Economist and monetary historian Antal Fekete has replied again to critics of his analysis of backwardation in the gold market, this time with his essay "Forward Thinking on Backwardation," which can be found at 24hGold here:
James Saft: How will the Fed dismount its tiger?
Submitted by cpowell on Sun, 2008-12-21 11:54 Section: Daily DispatchesBy James Saft
Reuters
Friday, December 19, 2008
http://blogs.reuters.com/great-debate/2008/12/19/how-will-the-fed-get-of...
The Federal Reserve and U.S. economy have two considerable risks now that quantitative easing is at hand: keeping the dollar from a disorderly decline and figuring out how to dismount from the tiger.
Liam Halligan: Fed's foolhardiness is more worrisome than deflation
Submitted by cpowell on Sat, 2008-12-20 20:53 Section: Daily DispatchesBy Liam Halligan
The Telegraph, London
Saturday, December 20, 2008
http://www.telegraph.co.uk/finance/comment/liamhalligan/3870090/US-Feds-...
John Embry: U.S. calls tune as gold, silver plunge
Submitted by cpowell on Sat, 2008-12-20 12:08 Section: Daily Dispatches12:05p ET Saturday, December 20, 2008
Dear Friend of GATA and Gold:
Sprott Asset Management's John Embry writes in detail about the gold price suppression scheme in his latest essay for Investor's Digest of Canada. It's headlined "U.S. Calls the Tune as Gold, Silver Plunge" and you can find it in PDF format at the Sprott Internet site here:
Ing, Browne see gold devaluing dollar and easing debt
Submitted by cpowell on Sat, 2008-12-20 00:14 Section: Daily Dispatches12:03a ET Saturday, December 20, 2008
Dear Friend of GATA and Gold:
Two excellent commentaries posted in the last few hours anticipate a devaluation of the U.S. dollar against gold.
Elizabeth MacDonald: Auto bailout saves Wall Street too
Submitted by cpowell on Fri, 2008-12-19 22:39 Section: Daily DispatchesBy Elizabeth MacDonald
Fox Business News, New York
Friday, December 19, 2008
http://emac.blogs.foxbusiness.com/2008/12/19/auto-bailout-saves-wall-str...
The White House today put forth a plan to loan the automakers a total of $17.4 billion, after a bruising debate in Congress and Detroit.
Join GATA at the Vancouver conference Jan. 25-26
Submitted by cpowell on Fri, 2008-12-19 22:13 Section: Daily Dispatches10:11p ET Friday, December 12, 2008
Dear Friend of GATA and Gold:
Thom Calandra: The only good money left is precious
Submitted by cpowell on Fri, 2008-12-19 20:12 Section: Daily Dispatches8:09p ET Friday, December 19, 2008
Dear Friend of GATA and Gold:
Thom Calandra's column tonight at Stockhouse examines backwardation in gold and silver, cites GATA, and speculates that the precious metals are becoming the last good money. Calandra's column is headlined "Only Good Money Left Is Precious" and you can find it at Stockhouse here:
GATA Chairman Murphy reports on meeting with CFTC
Submitted by cpowell on Thu, 2008-12-18 17:31 Section: Daily DispatchesBy Bill Murphy, Chairman
Gold Anti-Trust Action Committee Inc.
Thursday, December 18, 2008
About 45 minutes before I was to leave for my meeting with Commissioner Bart Chilton of the U.S. Commodity Futures Trading Commission, this news hit the tape:
"Obama to appoint Gary Gensler to lead Commodities Futures Trading Commission -- AP."