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Fed to lend to Freddie, Fannie; Treasury may buy their shares
Submitted by cpowell on Sun, 2008-07-13 18:48 Section: Daily DispatchesU.S. Spells Out Freddie/Fannie Backstop Plan
By Jeannine Aversa
Associated Press
via Yahoo News
Sunday, July 13, 2008
http://news.yahoo.com/s/ap/mortgage_giants_crisis;_ylt=AizCam2q_0DM9KVYB...
U.S. govt. may buy Freddie debt if banks won't
Submitted by cpowell on Sun, 2008-07-13 11:07 Section: Daily DispatchesFreddie Mac's Next Hurdle:
Raise Cash
Treasury Working to Make Sure Debt Sale Succeeds
By Jeffrey H. Birnbaum and Steve Mufson
Washington Post
Sunday, July 13, 2008
http://www.washingtonpost.com/wp-dyn/content/article/2008/07/12/AR200807...
James Turk: America's second-biggest bank failure
Submitted by cpowell on Sat, 2008-07-12 17:34 Section: Daily Dispatches5:30p ET Saturday, July 12m 2008
Dear Friend of GATA and Gold:
Fed's discount window said open to Fannie and Freddie
Submitted by cpowell on Fri, 2008-07-11 15:53 Section: Daily DispatchesFannie Mae, Freddie Mac Are Sound; Panic Unwarranted, Dodd Says
By Romaine Bostick
Bloomberg News Service
Friday, July 11, 2008
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aP1BQwOOSoWU
Russia aggressively using energy deals in foreign policy
Submitted by cpowell on Fri, 2008-07-11 10:47 Section: Daily DispatchesGazprom's Libya Bid Imperils Moves to Curb Russia's Energy Clout
By Sebastian Alison
Bloomberg News Service
Friday, July 11, 2008
http://www.bloomberg.com/apps/news?pid=20601087&sid=ahS3Z_wUYD0c&refer=home
MOSCOW -- Moves by Russia's state-run OAO Gazprom to buy African energy assets threaten to thwart U.S. efforts to limit Moscow's use of oil and gas as political weapons.
U.S. plots takeover of two mortgage giants
Submitted by cpowell on Fri, 2008-07-11 00:40 Section: Daily DispatchesBy Stephen Labaton and Steven R. Weisman
The New York Times
Friday, July 11, 2008
http://www.nytimes.com/2008/07/11/business/11fannie.html?_r=1&hp&
Russia is most likely midwife of a fairer world economic order
Submitted by cpowell on Thu, 2008-07-10 17:11 Section: Daily DispatchesBlame the Dollar
By Massoud Hedeshi
Al Jazeera.net, Doha, Qatar
Thursday, July 10, 2008
http://english.aljazeera.net/focus/2008/06/200862371431417772.html
The US economic powerhouse is running out of ideas and cash as it jostles with a massive national debt, housing, and financial crises, rising inflation, and a depreciating currency.
South Korea increases currency market intervention
Submitted by cpowell on Wed, 2008-07-09 22:40 Section: Daily Dispatches10:40p ET Wednesday, July 9, 2008
Dear Friend of GATA and Gold:
Abu Dhabi buys Chrysler Building; next -- Mount Rushmore?
Submitted by cpowell on Wed, 2008-07-09 22:02 Section: Daily DispatchesBy Amy Westfeldt
Associated Press
via Yahoo News
Wednesday, July 9, 2008
http://news.yahoo.com/s/ap/20080709/ap_on_bi_ge/chrysler_building_5
NEW YORK -- An Abu Dhabi investment fund has bought a 75 percent stake in the Chrysler Building, one of the best-known landmarks on the city skyline.
USAGold's annual investment survey: Gold beats all except CRB index
Submitted by cpowell on Wed, 2008-07-09 19:18 Section: Daily Dispatches7p ET Wednesday, July 9, 2008
Dear Friend of GATA and Gold:
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