Daily Dispatches

CMRE dinner meeting next week examines the financial disaster

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12:10a Thursday, October 9, 2008

Dear Friend of GATA and Gold:

For its annual fall dinner meeting, to be held in New York City next Thursday, October 16, the Committee for Monetary Research and Education will be examining the disaster under way in the world financial system.

U.S. considers taking ownership stake in banks

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By Martin Crutsinger
Associated Press
via Yahoo News
Wednesday, October 8, 2008

http://news.yahoo.com/s/ap/20081009/ap_on_bi_ge/meltdown_paulson;_ylt=Aq...

Ambrose Evans-Pritchard: Who will bail out the euro?

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By Ambrose Evans-Pritchard
The Telegraph, London
Thursday, October 8, 2008

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/316158...

John Hathaway: Other 'safe havens' will fail, leaving only gold

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9p ET Wednesday, October 8, 2008

Dear Friend of GATA and Gold:

ECB offers banks unlimited cash

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Trichet Can't Rule Out More Cuts, Offers Cash Flood

By Simone Meier and Christian Vits
Bloomberg News
Wednesday, October 8, 2008

http://www.bloomberg.com/apps/news?pid=20601087&sid=avdXQv77GHbU

Thom Calandra: Margin calls loom for Treasuries

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5:10p ET Wednesday, October 8, 2008

Dear Friend of GATA and Gold:

Fed trolls Canada to rescue U.S. banks

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Karen Mazurkewich and Eoin Callan
Financial Post / National Post, Toronto
Tuesday, October 7, 2008

http://www.financialpost.com/news/story.html?id=866377

In a desperate bid to help U.S. banks recapitalize, Washington is dropping its inhibitions and reaching out to Canadian financial institutions to gauge their willingness to participate in rescue operations.

Central banks around the world cut interest rates

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By Keith Weir and Daniel Trotta
Reuters
Wednesday, October 8, 2008

http://www.reuters.com/article/ousiv/idUSTRE49542Y20081008

Central banks around the world cut interest rates in unison on Wednesday in a joint response to the global financial crisis, giving a boost to battered stock markets.

Central banks all but stop lending gold

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By Javier Blas
Financial Times, London
Tuesday, October 7, 2008

http://www.ft.com/cms/s/0/f565b702-949a-11dd-953e-000077b07658.html?ncli...

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