You are here
Daily Dispatches
Central banks plot mass purchase of junk mortgages
Submitted by cpowell on Sat, 2008-03-22 00:12 Section: Daily DispatchesCentral Banks Float Rescue Ideas
By Chris Giles and Krishna Guha
Financial Times, London
Friday, March 21, 2008
http://www.ft.com/cms/s/0/a233faa2-f789-11dc-ac40-000077b07658.html?ncli...
Fed, Wall Street might not survive these questions on Bear deal
Submitted by cpowell on Fri, 2008-03-21 11:43 Section: Daily DispatchesQuestions Abound on Bear Stears Buyout
By Martha Graybow
Reuters
Thursday, March 20, 2008
http://www.reuters.com/article/ousiv/idUSN1438930520080320
NEW YORK -- Stunned Bear Stearns shareholders who saw investments virtually wiped out overnight when a takeover deal with JPMorgan Chase was unveiled are demanding to know how it was put together in the first place.
Southeast Asian central banks meet about dollar
Submitted by cpowell on Fri, 2008-03-21 11:34 Section: Daily DispatchesBy Muhamad al Azhari and Andreas Ismar
Reuters
via The Guardian, London
http://www.guardian.co.uk/feedarticle?id=7401992
JAKARTA, Indonesia -- Southeast Asian central bank governors, plus South Korea and Taiwan, will discuss financial market uncertainty and dollar weakness at a meeting in Jakarta starting today, Indonesian central bank officials said.
A bailout for the dollar too?
Submitted by cpowell on Fri, 2008-03-21 11:26 Section: Daily DispatchesFears about the greenback
are building, but currency
experts say a bailout by
central banks isn't likely.
By David Ellis
CNNMoney.com
Friday, March 21, 2008
http://money.cnn.com/2008/03/21/markets/dollar/index.htm?
NEW YORK -- Could the dollar be next in line for a bailout?
Broke, European banks get daily injections from ECB, BoE
Submitted by cpowell on Thu, 2008-03-20 20:53 Section: Daily DispatchesEurope's Central Banks Inject Additional Cash
By Joellen Perry
The Wall Street Journal
Friday, March 21, 2008
http://online.wsj.com/article/SB120601229992551599.html?mod=Homes
Revealed: The dirty tricks of rogue traders
Submitted by cpowell on Thu, 2008-03-20 20:26 Section: Daily DispatchesOf course the Securities and Exchange
Commission prevents anything like this
in the United States!
* * *
Revealed: The Dirty Tricks of Rogue Traders
By Robert Winnett
The Telegraph, London
Friday, March 21, 2008
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/03/21/nhedgi...
Investment firms tap Fed for billions
Submitted by cpowell on Thu, 2008-03-20 19:48 Section: Daily DispatchesPlenty of money here to rig
all sorts of markets with --
more than $13 billion daily.
* * *
By Jeannine Aversa
Associated Press
via Yahoo News
Thursday, March 20, 2008
http://news.yahoo.com/s/ap/20080320/ap_on_bi_ge/fed_credit_crisis;_ylt=A...
Jason Hommel: Silver shortage -- 19 dealers reported sold out
Submitted by cpowell on Thu, 2008-03-20 13:32 Section: Daily Dispatches1:30p ET Thursday, March 20, 2008
Dear Friend of GATA and Gold:
Investment banks are borrowing from Fed
Submitted by cpowell on Wed, 2008-03-19 13:02 Section: Daily DispatchesDon't you wish you could too?
* * *
By Dan Wilchens
Reuters
Wednesday, March 19, 2008
http://www.reuters.com/article/businessNews/idUSN1954536520080319
Backstopping Bear, Morgan saved the shadowy derivatives world
Submitted by cpowell on Wed, 2008-03-19 00:22 Section: Daily DispatchesMorgan Adds to Derivatives Muscle
By Serena Ng and David Reilly
The Wall Street Journal
Wednesday, March 19, 2008
With J.P. Morgan Chase & Co.'s rescue of Bear Stearns Cos., a behemoth in the complex world of derivatives trading has become even bigger, and the business is now more concentrated.
Pages
