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Daily Dispatches
Fed trolls Canada to rescue U.S. banks
Submitted by cpowell on Wed, 2008-10-08 12:49 Section: Daily DispatchesKaren 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
Submitted by cpowell on Wed, 2008-10-08 08:49 Section: Daily DispatchesBy 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.
Michael Coulson: Gold -- safe haven or bull trap?
Submitted by cpowell on Tue, 2008-10-07 22:58 Section: Daily DispatchesBy Michael Coulson
www.Minesite.com
Tuesday, October 7, 2008
http://www.minesite.com/nc/minews/singlenews/article/gold-safe-haven-or-...
Central banks all but stop lending gold
Submitted by cpowell on Tue, 2008-10-07 20:01 Section: Daily DispatchesBy Javier Blas
Financial Times, London
Tuesday, October 7, 2008
http://www.ft.com/cms/s/0/f565b702-949a-11dd-953e-000077b07658.html?ncli...
Dollar's future: plenty of zeroes, no other numbers?
Submitted by cpowell on Tue, 2008-10-07 18:01 Section: Daily DispatchesBy Wendy Fried
The New York Times
Saturday, October 4, 2008
http://www.nytimes.com/2008/10/05/business/05suits.html?ref=business
British banks to be recapitalized through part nationalization
Submitted by cpowell on Tue, 2008-10-07 17:32 Section: Daily DispatchesMassive Rescue Plan for Banks
By George Parker, Chris Giles, and Tony Barber
Financial Times, London
Tuesday, October 7, 2008
http://www.ft.com/cms/s/0/e5b767d2-948c-11dd-953e-000077b07658.html?ncli...
John Crudele: The 75-minute market rescue
Submitted by cpowell on Tue, 2008-10-07 15:11 Section: Daily DispatchesBy John Crudele
New York Post
Tuesday, October 7, 2008
http://www.nypost.com/seven/10072008/business/the_75_minute_market_rescu...
Trumpets were blaring when the Plunge Protection Team came to the rescue of the stock market in the final hour yesterday.
It was something right out of an old John Ford Western.
U.S. Mint stops producing quarter-, half-ounce gold
Submitted by cpowell on Tue, 2008-10-07 12:16 Section: Daily DispatchesU.S. Mint Halts Production of Half-, Quarter-Ounce Gold
By Frank Tang
Reuters
Tuesday, October 7, 2008
CNBC airs prediction of default in paper gold
Submitted by cpowell on Tue, 2008-10-07 08:48 Section: Daily Dispatches8:45a ET Tuesday, October 7, 2008
Dear Friend of GATA and Gold:
Russia, Iceland act in bank crisis; Oz cuts rates
Submitted by cpowell on Tue, 2008-10-07 08:35 Section: Daily DispatchesBy Omar Valdimarsson and Keith Weir
Reuters
Tuesday, October 7, 2008
http://www.reuters.com/article/ousiv/idUSTRE49542Y20081007
Iceland took over its second largest bank on Tuesday and Russia announced an aid package for the financial sector to bail out victims of the global financial crisis.
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