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Daily Dispatches
U.S. may relieve Citi of billions in bad loans
Submitted by cpowell on Sun, 2008-11-23 17:58 Section: Daily DispatchesBy David Enrich and Carrick Mollenkamp
The Wall Street Journal
Sunday, November 23, 2008
http://online.wsj.com/article/SB122747680752551447.html
Citigroup Inc. is nearing agreement with U.S. government officials to create a structure that would house some of the financial giant's risky assets, according to people familiar with the situation.
Richard Duncan: Bring back link between gold and dollar
Submitted by cpowell on Sun, 2008-11-23 16:00 Section: Daily DispatchesBy Richard Duncan
Financial Times, London
Sunday, November 23, 2008
http://www.ft.com/cms/s/0/ba673d22-b977-11dd-99dc-0000779fd18c.html?ncli...
Gene Arensberg: Commercial short positions still low for gold, silver
Submitted by cpowell on Sun, 2008-11-23 12:37 Section: Daily Dispatches12:35p ET Sunday, November 23, 2008
Dear Friend of GATA and Gold:
Al Korelin interviews Murphy, Turk, Morgan, Grandich, and Powell
Submitted by cpowell on Sat, 2008-11-22 16:54 Section: Daily Dispatches4:48p ET Saturday, November 22, 2008
Dear Friend of GATA and Gold:
Hold still more dollars, economist urges China
Submitted by cpowell on Sat, 2008-11-22 13:26 Section: Daily DispatchesFrom Reuters
via Yahoo News
Saturday, November 22, 2008
http://ph.news.yahoo.com/rtrs/20081122/tbs-financial-china-dollar-21231d...
BEIJING -- The best thing China could do with its foreign currency reserves is raise its holdings of U.S. dollars to support Washington's efforts to support the U.S. econony, state media on Saturday cited an economist as saying.
Wherever MorganChase goes, market manipulation follows
Submitted by cpowell on Fri, 2008-11-21 21:18 Section: Daily DispatchesPolish Market Regulator Seeks Probe of Late Share Deal
By Chris Borowski
Reuters
Friday, December 21, 2008
http://www.reuters.com/article/governmentFilingsNews/idUSLL65902620081121
Citigroup may get government rescue, analysts say
Submitted by cpowell on Fri, 2008-11-21 17:33 Section: Daily DispatchesBy Christine Harper and Bradley Keoun
Bloomberg News
Friday, November 21, 2008
http://www.bloomberg.com/apps/news?pid=20601087&sid=a3ArjWNoRSKw&refer=home
NEW YORK -- Citigroup Inc. will probably get rescued by the U.S. government after a crisis in confidence erased half its stock-market value in three days, investors and analysts said.
Swamped by gold demand, Perth Mint stops taking orders
Submitted by cpowell on Fri, 2008-11-21 13:05 Section: Daily DispatchesBy Sarah-Jane Tasker
The Australian, Sydney
Saturday, November 22, 2008
http://www.theaustralian.news.com.au/business/story/0,28124,24687337-643...
Fears of the unknown long-term effects from the global financial crisis have sparked a new gold rush.
Italy's parliament to consider gold sales
Submitted by cpowell on Fri, 2008-11-21 10:03 Section: Daily DispatchesFrom Dow Jones Newswires
via INO.com
Friday, November 21, 2008
http://news.ino.com/headlines/?newsid=20081121002448
ROME -- The Italian parliament will consider a long-discussed plan to use Bank of Italy gold reserves to lift the country's economy, business daily MF reports Friday, citing parliament's finance committee chairman.
Loan investors accuse Goldman Sachs of naked shorting
Submitted by cpowell on Fri, 2008-11-21 00:27 Section: Daily DispatchesBy Pierre Paulden and Caroline Salas
Bloomberg News
Monday, November 17, 2008
http://www.bloomberg.com/apps/news?pid=20601009&sid=as3PwfEfBlhk
NEW YORK -- Investors in the $591 billion high-yield, high-risk loan market are accusing Goldman Sachs Group Inc. of naked short selling to profit from record price declines.