You are here
Daily Dispatches
State Street aims to launch Japan's first true gold ETF
Submitted by cpowell on Fri, 2007-12-14 08:43 Section: Daily DispatchesBy Jim Hawe
Dow Jones Newswires
via CNN Money
Thursday, December 13, 2007
http://money.cnn.com/news/newsfeeds/articles/djf500/200712132053DOWJONES...
How Goldman won big on mortgage meltdown
Submitted by cpowell on Fri, 2007-12-14 08:32 Section: Daily DispatchesOn Mortgage Meltdown
A Team's Bearish Bets
Netted Firm Billions;
A Nudge From the CFO
By Kate Kelly
The Wall Street Journal
Friday, December 14, 2007
Central bankers worry whether action plan will work
Submitted by cpowell on Fri, 2007-12-14 08:21 Section: Daily DispatchesBy Mike Peacock
Reuters
Friday, December 14, 2007
http://www.reuters.com/article/ousiv/idUSL1339203520071214?sp=true
LONDON -- Top European central bankers expressed concern on Friday about the success of a concerted action plan to grease the wheels of seized-up money markets, as U.S. banking giant Citigroup faced fresh strife.
Ambrose Evans-Pritchard: More liquidity without inflation?
Submitted by cpowell on Wed, 2007-12-12 23:47 Section: Daily DispatchesWorld Bankers Resort to Firebreak
By Ambrose Evans-Pritchard
The Telegraph, London
Thursday, December 13, 2007
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/12/13/ccbank...
James Turk: Liquidity won't help insolvency
Submitted by cpowell on Wed, 2007-12-12 23:14 Section: Daily Dispatches11:15p ET Wednesday, December 12, 2007
Dear Friend of GATA and Gold:
Martin Wolf: The helicopters start to drop money
Submitted by cpowell on Wed, 2007-12-12 21:59 Section: Daily DispatchesBy Martin Wolf
Financial Times, London
Wednesday, December 12, 2007
http://www.ft.com/cms/s/0/44eef7fa-a8da-11dc-ad9e-0000779fd2ac.html
The central bank helicopters are planning a co-ordinated drop of liquidity on troubled market waters. The money to be dropped now is not that large. But if this does not work, more will surely follow. The helicopters will fly again and again and again.
Fed's money helicopters take off for Europe, Britain, Canada
Submitted by cpowell on Wed, 2007-12-12 09:53 Section: Daily DispatchesFed Teams With Central Banks on Credit
By Martin Crutsinger
Associated Press
via Yahoo News
Wednesday, December 12, 2007
http://news.yahoo.com/s/ap/20071212/ap_on_bi_ge/fed_credit_crunch;_ylt=A...
WASHINGTON -- The Federal Reserve announced Wednesday it is coordinating with other central banks to deal with the global credit crunch.
Gold glitters in the eyes of Russia's billionaires
Submitted by cpowell on Wed, 2007-12-12 08:48 Section: Daily DispatchesBy Andy Hoffman
The Globe and Mail, Toronto
Wednesday, December 12, 2007
http://www.theglobeandmail.com/servlet/story/LAC.20071212.RGOLD12/TPStor...
For a growing list of Russian oligarchs, gold is the new oil.
Russia's wealthiest are piling into the bullion sector and eight of the country's 10 richest men are investing in gold.
Fed to try another way of injecting banks with cash
Submitted by cpowell on Wed, 2007-12-12 08:43 Section: Daily DispatchesBy Krishna Guha and Michael Mackenzie
Financial Times, London
Tuesday, December 11, 2007
http://www.ft.com/cms/s/0/6bcfd8ee-a80d-11dc-9485-0000779fd2ac.html
The Federal Reserve is set to overhaul the way it provides liquidity support to financial markets, following a negative reaction to Tuesday’s interest rate cut.
Ed Steer: Larry Lindsey lays it on the line
Submitted by cpowell on Mon, 2007-12-10 22:29 Section: Daily Dispatches10:24p ET Monday, December 10, 2007
Dear Friend of GATA and Gold: