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Daily Dispatches
Hoarding by banks stokes fears on credit crisis
Submitted by cpowell on Tue, 2008-03-25 23:21 Section: Daily DispatchesBy Chris Giles and James Politi
Financial Times, London
Tuesday, March 25, 2008
http://www.ft.com/cms/s/0/2f9ab320-fa66-11dc-aa46-000077b07658.html?ncli...
Central banks' efforts to ease strains in the money markets are failing to stop financial institutions from hoarding cash, stoking fears that the recent respite in equity markets may not signal the end of the credit crisis.
Citigroup slams Bank of England for risking damage to real economy
Submitted by cpowell on Tue, 2008-03-25 23:10 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Wednesday, March 26, 2008
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/03/26/cnciti...
Citigroup has called for radical measures to end Britain's financial crisis, rebuking the Bank of England for moving too slowly to meet liquidity needs and waiting too long to head off an economic downturn.
Andrew Sorkin: Fed strong-armed Bear deal with deception, rule breaking
Submitted by cpowell on Tue, 2008-03-25 23:02 Section: Daily DispatchesThe Hand Behind the Deal
By Andrew Ross Sorkin
The New York Times
Tuesday, March 25, 2008
http://dealbook.blogs.nytimes.com/2008/03/25/ben-bernanke-deal-maker/
Adam Smith's invisible hand has a puppeteer: the Federal Reserve.
John P. Hussman: Bear's bondholders, not public, should pay
Submitted by cpowell on Tue, 2008-03-25 20:53 Section: Daily DispatchesWhy is Bear Stearns Trading at $6 Instead of $2?
By John P. Hussman
Tuesday, March 24, 2008
Paul urges gold standard, abolition of Fed on CNBC
Submitted by cpowell on Mon, 2008-03-24 17:24 Section: Daily Dispatches1:55p PT Monday, March 24, 2008
Dear Friend of GATA and Gold:
Paul urges gold standard, abolition of Fed on CNBC
Submitted by cpowell on Mon, 2008-03-24 17:06 Section: Daily Dispatches1:55p PT Monday, March 24, 2008
Dear Friend of GATA and Gold:
Ted Butler: All into silver now
Submitted by cpowell on Mon, 2008-03-24 16:07 Section: Daily Dispatches1p PT Monday, March 24, 2008
Dear Friend of GATA and Gold:
Morgan's revised bid for Bear emphasizes original ripoff, Fed desperation
Submitted by cpowell on Mon, 2008-03-24 15:02 Section: Daily DispatchesThis emphasizes that MorganChase's original offer for Bear Stearns was even more of a ripoff and even more desperate a maneuver by the Federal Reserve than was originally suspected.
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JPMorgan Raises Bear Bid, Grabs Stake
By Chris Reiter
Reuters
Monday, March 24, 2008
http://www.reuters.com/article/topNews/idUSN2430313520080324
Time grows short to register for GATA's Washington conference
Submitted by cpowell on Sun, 2008-03-23 19:29 Section: Daily Dispatches4:21p PT Sunday, March 23, 2008
Dear Friend of GATA and Gold:
There's less than a month to go before our conference, "GATA Goes to Washington -- Anybody Seen Our Gold?," and space at the conference hotel, the Hyatt Crystal City in Arlington, Virginia, is limited and starting to fill up.
Clamor grows for more central bank intervention -- at least in Financial Times
Submitted by cpowell on Sun, 2008-03-23 19:20 Section: Daily DispatchesEconomist Forecasts Central Bank Action
By Chris Giles
Financial Times, London
Sunday, March 23, 2008
http://www.ft.com/cms/s/0/7816b7d8-f90e-11dc-bcf3-000077b07658.html
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