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Another fraud lawsuit follows GATA action against BIS

Section: Daily Dispatches

9p EDT Friday, January 5, 2001

Dear Friend of GATA and Gold:

Here's news of more good publicity for the cause,
from a GATA member. Many thanks to him for passing
this along.

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

* * *

I don't know if you listen to talk radio up in New
England, but last night I tuned into WABC-770AM in New
York during the popular Steve Malzberg Show. WABC is a
50,000-watt blowtorch station that shoots out to about
38 states that time of night because of the ionospheric
skip. Filling in for Malzberg last night were none
other than John Bachelor and Paul Alexander of
Bloomberg Radio, and they were discussing Alan
Greenspan and all related topics.

A very astute-sounding gentleman called them up and
starts discussing the lawsuit by Reg Howe/GATA and its
significance for the huge $20-some-trillion derivatives
position held by the combined merger of Chase Manhattan
and J.P. Morgan. The two hosts apparently had not heard
of the lawsuit and seemed to express a sincere interest
in the topic. In response, they mentioned Steve Forbes'
support for returning to the gold standard. But to top
off this interesting discussion, the caller mentioned
the website. This was repeated back and
apparently written down by one of the hosts, who seemed
intent on researching the lawsuit.

I have to wonder how many hits the GATA website had
after that call, which would have been about 1 a.m.
your time. This is a very popular talk station and is
apparently one of the most listened-to streaming audio
links on the Internet as well....

I just thought I would share this wonderful news with
you. It appears that the ball is really starting to get
rolling, the more interest is becoming focused on the
Federal Reserve and its leader.