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You''re invited to a dinner honoring Dr. Antal Fekete
Submitted by cpowell on Sat, 2005-05-14 03:00 Section: Daily DispatchesSenior AIG Executive Has Deal
To Cooperate with Authorities
By Monica Langley, Theo Francis,
and Ian McDonald
The Wall Street Journal
Friday, May 13, 2005
A senior executive at American International Group Inc. has struck a
deal with authorities investigating the giant insurer's accounting
to offer his testimony in return for immunity from potential
charges, according to people familiar with the matter.
India to sell 5 tonnes of gold, 1,670 tonnes of silver
Submitted by cpowell on Fri, 2005-05-13 03:00 Section: Daily DispatchesDetails Emerge on Obscure Barbados Reinsurer Tied to AIG
By Theo Francis, Glenn R. Simpson,
and Charles Fleming
The Wall Street Journal
Thursday, May 12, 2005
When American International Group Inc. disclosed that it would slice
about $2.7 billion, or 3.3%, off its net worth because of accounting
issues, the biggest single chunk stemmed from dealings with an
obscure Barbados company.
Senior AIG executive gets immunity to cooperate with authorities
Submitted by cpowell on Fri, 2005-05-13 03:00 Section: Daily DispatchesBy Press Trust of India
via The Hindu
Chennai (Madras), India
Friday, May 13, 2005
http://www.hindu.com/thehindu/holnus/002200505131653.htm
NEW DELHI -- The Government today said it has decided to sell
surplus gold and silver lying in its mints.
There is about five tonnes of surplus gold and 1,670 tonnes of silver
The sky darkens for bondholders as bets on derivatives backfire
Submitted by cpowell on Thu, 2005-05-12 03:00 Section: Daily Dispatches1:53p ET Wednesday, May 11, 2005
Dear Friend of GATA and Gold:
Appended is an adaptation of an exchange
posted yesterday at the USAGold Forum --
http://www.usagold.com/cpmforum/ --
between your secretary/treasurer and the
forum's host, Michael Kosares, proprietor
of Centennial Precious Metals in Denver,
editor of the firm's client letter, and
Former silver market player AIG is starting to look like another Enron
Submitted by cpowell on Thu, 2005-05-12 03:00 Section: Daily DispatchesThe Sky Darkens for Bondholders
Backfiring Bets on Derivatives,
Corporate Executives' Allegiances
Are Among Worries Raising Risk
By Mark Whitehouse, Gregory Zuckerman,
Henny Sender, and Carrick Mollenkamp
The Wall Street Journal
Wednesday, May 11, 2005
The U.S. credit market is getting riskier.
As hedge funds book losses and the prices of corporate securities
and the derivatives based on them move in unusual ways, investors
Sorcerer's Apprentice time
Submitted by cpowell on Wed, 2005-05-11 03:00 Section: Daily DispatchesHedge fund rumors knock markets;
Widespread jitters focus on GM, convertible bonds
By Alistair Barr and Kathie O'Donnell
CBSMarketWatch.com
Tuesday, May 10, 2005
http://www.marketwatch.com/news/yhoo/story.asp?
source=blq/yhoo&siteid=yhoo&dist=yhoo&guid=%7BF6DCAC87%2DFC3E%2D4907%
2DBFFC%2D0C73ACA0CC98%7D
Ted Butler: Silver at $7 today is as much a bargain as it was at $5 years ago
Submitted by cpowell on Tue, 2005-05-10 03:00 Section: Daily DispatchesCommodity Strategists: Tice's Auerback Sees $80 Oil
By Sri Jegarajah
Bloomberg News Service
Monday, May 9, 2005
http://www.bloomberg.com/apps/news?
pid=email_us&refer=commodity_futures&sid=a1Yg1ORMn6oA
SINGAPORE -- Crude oil prices may rise as high as $80 a barrel as
recoverable reserves dwindle, making it harder for producers to meet
Hedge fund rumors knock markets, depress shares of big banks
Submitted by cpowell on Tue, 2005-05-10 03:00 Section: Daily DispatchesBy Ted Butler
InvestmentRarities.com
Tuesday, May 10, 2005
For several years I had the very good fortune to have been able to
write many articles that laid out my case in urging people to buy
silver at $5 and less. Many thousands of readers had the good sense
to heed that urging and follow that advice. Looking back, there
should be no regrets, save not buying more. Certainly I do not regret
Britain tries to cadge gold from Malaysia via weapons deal
Submitted by cpowell on Mon, 2005-05-09 03:00 Section: Daily DispatchesCitigroup Seeks FSA Deal Over Bond 'Raid'
By Andrew Murray-Watson
The Sunday Telegraph, London
Sunday, May 8, 2005
http://www.telegraph.co.uk/money/main.jhtml;sessionid=DPYXRP5Y4H3KRQF
IQMGCM54AVCBQUJVC?
xml=/money/2005/05/08/cnciti08.xml&secureRefresh=true
Citigroup, the world's largest bank, is ready to cut a deal with the
Wall Street Journal examines the Consumer Price Index''s ''hedonics'' racket
Submitted by cpowell on Mon, 2005-05-09 03:00 Section: Daily DispatchesMalaysia May Use Gold
To Secure Arms Purchases
By Leslie Lopez
The Wall Street Journal
Monday, May 9, 2005
KUALA LUMPUR -- The Malaysian government is considering an arms deal
that calls for it to commit part of the country's gold reserves to
help finance the purchase of warships and other defense equipment
valued at roughly 1 billion, or about $1.8 billion, from BAE
Systems PLC.
The proposed use of Malaysia's gold holdings as collateral for the
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