You are here
Daily Dispatches
Foreign treasuries just starting to notice U.S. debt catastrophe
Submitted by cpowell on Thu, 2008-07-24 17:25 Section: Daily DispatchesSteps Taken to Calm Investor Fears Over Agency Debt
By Jamil Anderlini, Charles Clover, Krishna Guha, Kathrin Hille, Song Jung-a, Michiyo Nakamoto, James Politi, Saskia Scholtes, and Henny Sender
Financial Times, London
Thursday, July 24, 2008
http://www.ft.com/cms/s/0/1abb233e-5918-11dd-a093-000077b07658.html
Hey, CFTC, ever hear of gold, silver, and JPMorganChase?
Submitted by cpowell on Thu, 2008-07-24 16:27 Section: Daily DispatchesThis enforcement action isn't even chicken feed -- allegedly only a million dollars in improper profits. The billions stolen by manipulation in the gold and silver markets, while fully reported to the CFTC, remain unnoticed officially.
* * *
Fund Accused of Manipulating Oil Price
By Joanna Chung
Financial Times, London
Thursday, July 24, 2008
You want gold with that?
Submitted by cpowell on Thu, 2008-07-24 10:19 Section: Daily DispatchesChanges Ahead for McDonald's Dollar Menu
By Mike Hughlett
Chicago Tribune
Thursday, July 24, 2008
http://www.chicagotribune.com/business/chi-thu-mcdonalds-earnings-jul24,...
McDonald's Corp. blew past Wall Street's profit expectations and posted a strong second quarter Wednesday, despite weak consumer confidence and soaring commodity costs.
Ron Paul discloses housing bailout bill's money and power grab
Submitted by cpowell on Thu, 2008-07-24 02:21 Section: Daily Dispatches2:11a ET Thursday, July 24, 2008
Dear Friend of GATA and Gold:
In a videotaped statement Wednesday, U.S. Rep. Ron Paul, R-Texas, disclosed some shocking details of the housing bailout legislation being rushed through Congress:
More than G7, G20 now may be needed for dollar propping
Submitted by cpowell on Wed, 2008-07-23 20:07 Section: Daily DispatchesIn Foreign Exchange Casino, Don't Bet Against Central Banks
By Jamie McGeever
Reuters
Wednesday, July 23, 2008
http://www.reuters.com/article/ousivMolt/idUSL23102197020080723?sp=true
LONDON -- The global foreign exchanges may now be a $3.2 trillion-a-day behemoth but one maxim still holds true: Ignore concerted central bank intervention at your peril.
Rescue for Fannie, Freddie may cost trillion, senator says
Submitted by cpowell on Wed, 2008-07-23 15:22 Section: Daily DispatchesBy Michael McKee and Bryan Keogh
Bloomberg News Service
Wednesday, July 23, 2008
http://www.bloomberg.com/apps/news?pid=20601087&sid=aJ_PxvWbq4z0&refer=home
A government rescue of Fannie Mae and Freddie Mac would require taxpayers to pay "way" more than the $25 billion estimated by the Congressional Budget Office, potentially as much as $1 trillion, U.S. Sen. Jim Bunning said.
Truth about Wall Street briefly escapes president's lips
Submitted by cpowell on Tue, 2008-07-22 23:16 Section: Daily DispatchesBush Says Wall Street 'Got Drunk'
By Stephanie Kirchgaessner
Financial Times, London
Wednesday, July 23, 2008
http://www.ft.com/cms/s/0/ceb6551a-584c-11dd-b02f-000077b07658.html?ncli...
President George W. Bush said Wall Street had "got drunk" and was experiencing a hangover at a recent closed-door fundraiser in Houston in which he also made light of the US housing crisis.
James Turk: Last plane account
Submitted by cpowell on Tue, 2008-07-22 23:06 Section: Daily Dispatches11p ET Tuesday, July 22, 2008
Dear Friend of GATA and Gold:
John Embry: The more talk of 'strong dollar,' the less action
Submitted by cpowell on Tue, 2008-07-22 22:50 Section: Daily Dispatches10:45p ET Tuesday, July 22, 2008
Dear Friend of GATA and Gold:
Internet currency firm E-Gold pleads guilty to money laundering
Submitted by cpowell on Mon, 2008-07-21 22:35 Section: Daily DispatchesBy Grant Gross
IDG News Service
via PC World magazine
Monday, July 21, 2008
http://www.pcworld.com/businesscenter/article/148720/internet_currency_f...
E-Gold, an Internet-based payment service, and three owners have pleaded guilty to criminal charges related to money laundering, the U.S. Department of Justice said Monday.
Pages
