Daily Dispatches

Banks urge U.K. corporate clients to stop borrowing


From Dow Jones Newswires
via CNNMoney.com
Monday, December 3, 2007


Banks have asked top U.K. corporate clients not to draw on lending facilities to which they are entitled in order to preserve their balance sheets as they approach the financial year end.

German finance minister blames 'snooty,' secretive bankers


'Snooty' Bankers Blamed for Crisis

By Ralph Atkins and Bertrand Benoit
Financial Times, London
Thursday, November 29, 2007


Grandich Letter analyzes metals markets and cites GATA


11a ET Monday, December 3, 2007

Dear Friend of GATA and Gold:

Peter Grandich's latest letter analyzes the metals and oil markets, mentions GATA, and pays tribute to someone GATA misses dearly, the late Jim O'Connell of Canada's Business News Network. You can find the Grandich letter at GoldSeek here:


CHRIS POWELL, Secretary/Treasurer

Fed looks for new ways to pump more money into banks


Fed Seeks to Ease Money Market Strains

By Krishna Guha
Financial Times, London
Sunday, December 2, 2007


WASHINGTON -- The Federal Reserve is considering new steps to make liquidity more readily available to financial institutions in the hope of easing strains in the money market.

Interbank loan collapse worse in Britain than U.S.


Pleas for Rate Cut
as Interbank Loans Dive

By Ambrose Evans-Pritchard
The Telegraph, London
Monday, December 3, 2007


Gene Arensberg: Large commercials hastening to cover gold shorts


8:55p ET Sunday, December 3, 2007

Dear Friend of GATA and Gold:

Gene Arensberg's "Got Gold Report" at Resource Investor advises that large commercial traders lately have seemed to be in a hurry to cover their short positions in gold, even as those positions remain large. You can find Arensberg's report at Resource Investor here:


James Turk: 100 months so far


12:25p ET Sunday, December 2, 2007

Dear Friend of GATA and Gold:

Ben Stein: Goldman pushed and shorted mortgage junk simultaneously


The Long and Short of It at Goldman Sachs

By Ben Stein
The New York Times
Sunday, December 2, 2007


Paulites raid Virginia Republican retreat, capture straw poll


Ron Paul Wins Virginia Straw Poll

By the Associated Press
via Richmond (Virginia) Times-Dispatch
Saturday, December 1, 2007


ARLINGTON, Virginia -- Ron Paul won an informal straw poll of Virginia Republicans Saturday at the state party's annual weekend retreat.

Foot soldiers for the Ron Paul revolution


By James Rainey
Los Angeles Times
Saturday, December 1, 2007


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