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Daily Dispatches
Largest Saudi bank urges government to cut dollar exposure
Submitted by cpowell on Sat, 2008-01-12 12:58 Section: Daily DispatchesFrom Reuters
via Yahoo News
Saturday, January 12, 2008
http://sg.news.yahoo.com/rtrs/20080112/tbs-gulf-currencies-saudi-955c2a1...
RIYADH, Saudi Arabia -- Saudi Arabia's largest state bank urged the government to reduce the kingdom's exposure to the dollar by investing more assets outside the United states and gradually changing the riyal's peg to the weak U.S. currency.
Gold council's ETF claims more gold than ECB, Russia, China
Submitted by cpowell on Sat, 2008-01-12 02:33 Section: Daily DispatchesWarehousing Bullion for Gold's Supermarket
As Metal Hits New Highs,
Exchange-Traded Fund's
$18 Billion Cache Only Grows
By John Spence
MarketWatch.com
Friday, January 11, 2008
http://www.marketwatch.com/news/story/story.aspx?guid=%7B378D71CA%2DFDCF...
Nationalization of Northern Rock more likely than commercial rescue
Submitted by cpowell on Fri, 2008-01-11 22:47 Section: Daily DispatchesBankers Throw in the Towel Over Rock
By Katherine Griffiths, Philip Aldrick, and Helen Power
The Telegraph, London
Saturday, January 12, 2008
http://www.telegraph.co.uk/money/main.jhtml;jsessionid=ETMRJBRBWKXF3QFIQ...
Citigroup negotiates bailout by Saudi prince, Chinese bank
Submitted by cpowell on Fri, 2008-01-11 21:01 Section: Daily DispatchesCiti Looking Abroad For Major Investors
By David Enrich and Robin Sidel
The Wall Street Journal
Saturday, January 12, 2008
Prince Alwaleed bin Talal is poised to once again come to the rescue of Citigroup Inc.
This time, the Saudi billionaire is expected to be joined by other investors, including the China Development Bank, people familiar with the matter said.
Moody's says overspending threatens U.S. debt rating
Submitted by cpowell on Fri, 2008-01-11 12:05 Section: Daily DispatchesBy Francesco Guerrera, Aline van Duyn, and Daniel Pimlott
Financial Times, London
Thursday, January 10, 2008
http://www.ft.com/cms/s/0/40f3a2be-bfa9-11dc-8052-0000779fd2ac.html?ncli...
Citigroup, Merrill seek more foreign capital infusions
Submitted by cpowell on Thu, 2008-01-10 08:31 Section: Daily DispatchesCitigroup, Merrill Seek
More Foreign Capital
Moves, Foreshadowing
Further Write-Downs,
Raise Regulatory Issues
By David Enrich, Randall Smith, and Damian Paletta
The Wall Street Journal
Thursday, January 10, 2008
Two of the biggest names on Wall Street are going hat in hand, again, to foreign investors.
Morgan rewards former PM Blair with +$1 million per year
Submitted by cpowell on Wed, 2008-01-09 23:13 Section: Daily DispatchesBlair Takes Advisory Position at JPMorgan
By David Wighton
Financial Times, London
Wednesday, January 9, 2008
http://www.ft.com/cms/s/0/be4ed2c4-befa-11dc-8c61-0000779fd2ac.html
Shanghai exchange seen driving gold far higher
Submitted by cpowell on Wed, 2008-01-09 21:51 Section: Daily DispatchesGold Futures Fly High in Shanghai
By Javier Blas and Chris Flood
Financial Times, London
Wednesday, January 9, 2008
http://www.ft.com/cms/s/0/eb8bb37a-beef-11dc-8c61-0000779fd2ac.html?ncli...
Simon Constable says we're 'fringe dwellers' but somehow Ron Paul isn't
Submitted by cpowell on Wed, 2008-01-09 21:09 Section: Daily Dispatches8:49p ET Wednesday, January 9, 2008
Dear Friend of GATA and Gold:
TheStreet.com's Simon Constable lately has done some valuable service for the gold cause and he continues doing so today with, as you'll see below, a report on his interview with U.S. Rep. Ron Paul, the honest-money candidate for the Republican presidential nomination.
Central banks long have been rigging gold market, Paul declares
Submitted by cpowell on Wed, 2008-01-09 16:50 Section: Daily Dispatches4:50p ET Wednesday, January 9, 2008
Dear Friend of GATA and Gold:
TheStreet.com has just posted a brief interview by its reporter, Simon Constable, with U.S. Rep. Ron Paul in which the candidate for the Republican presidential nomination strikes many blows for the precious metals. Paul:
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