Daily Dispatches

Barclays annoyed to explain more emergency borrowing

Section:

Barclays Reassures After
More Emergency Borrowing

By Peter Thal Larsen and Chris Giles
Financial Times, London
via Yahoo News
Thursday, Aug 30, 2007

http://news.yahoo.com/s/ft/20070830/bs_ft/fto083020071955571131;_ylt=Aiy...

Mark Gilbert: If the SEC ever gets real, everything blows up

Section:

Unsafe at Any Rating:
CDO Speeds to CCC from AAA

By Mark Gilbert
Bloomberg News Service
Thursday, August 30, 2007

http://www.bloomberg.com/apps/news?pid=20601039&sid=aSEguZCZ9ZpY&refer=c...

David Bond remembers Aaron Russo

Section:

9:15p ET Thursday, August 30, 2007

Dear Friend of GATA and Gold:

David Bond, editor of the Silver Valley Mining Journal, has written a wonderful remembrance of film maker and hard-money advocate Aaron Russo. You can find it at GoldSeek here:

http://news.goldseek.com/GoldSeek/1188509090.php

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

* * *

Banks boost borrowing from Fed for second week

Section:

By Martin Crutsinger
Associated Press
Thursday, August 30, 2007

http://news.yahoo.com/s/ap/20070830/ap_on_bi_ge/fed_borrowing;_ylt=AlmkO...

WASHINGTON -- Banks increased their borrowing from the Federal Reserve for a second straight week as the central bank worked to deal with a credit crunch that has roiled global financial markets.

GATA's Ed Steer contributes to new Casey Research letter

Section:

12:27a ET Thursday, August 30, 2007

Dear Friend of GATA and Gold:

GATA is much obliged to Doug Casey and the Casey Research organization for publicizing our work.

Especially important to us have been the interview done with your secretary/treasurer by Doug Hornig of Casey's International Speculator in January:

http://www.gata.org/node/4738

Subprime inflicts new damage as banks seek cash

Section:

By Mike Peacock
Reuters
Wednesday, August 29, 2007

http://www.reuters.com/article/ousiv/idUSPEK14997020070829

LONDON -- New evidence of damage wrought by the U.S. mortgage sector surfaced in the United States and Europe on Wednesday while banks demanded a record amount of cash at a euro-zone money market auction.

Barrick, agent of the central banks, affects to denounce one of them

Section:

8:26p ET Tuesday, August 28, 2007

Dear Friend of GATA and Gold:

John Crudele: What would happen if I got a crack at Hank

Section:

By John Crudele
New York Post
Tuesday, August 28, 2007

http://www.nypost.com/seven/08282007/business/what_would_happen_if_i_get...

Hank Paulson won't let me interview him about the Plunge Protection Team but "thanks for the request," says a spokeswoman for the Treasury Department.

Hey, I expected as much.

Ted Butler: The royal scam

Section:

4:40p ET Tuesday, August 28, 2007

Dear Friend of GATA and Gold:

Rate increase seems canceled in Canada too

Section:

By Haris Anwar
Bloomberg News Service
Tuesday, August 28, 2007

http://www.bloomberg.com/apps/news?pid=20601082&sid=ainBUWnn3cJA&refer=c...

TORONTO -- Canada's dollar fell for a second straight day after a central bank official suggested that it may not raise interest rates while weighing the effect of global credit market losses.

Syndicate content