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Daily Dispatches
Ambrose Evans-Pritchard: Greenspan was more rock star than feared sage
Submitted by cpowell on Mon, 2007-09-17 00:56 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Monday, September 17, 2007
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/09/17/ccview...
We forget now, but Alan Greenspan rose in Washington as a political aide to Richard Nixon -- not as an economist.
Having opposed regulating them, Greenspan blames derivatives
Submitted by cpowell on Sun, 2007-09-16 22:56 Section: Daily DispatchesGreenspan Alert on US House Prices
By Krishna Guha
Financial Times, London
Monday, September 17, 2007
http://www.ft.com/cms/s/0/31207860-647f-11dc-90ea-0000779fd2ac.html
US house prices are likely to fall significantly from their present levels, Alan Greenspan has told the Financial Times, admitting that there was a bubble in the US housing market.
French foreign minister warns of war over Iranian nukes
Submitted by cpowell on Sun, 2007-09-16 20:38 Section: Daily DispatchesFrom Agence France-Presse
via Yahoo News
Sunday, September 16, 2007
http://news.yahoo.com/s/afp/20070916/wl_afp/franceirannuclear_0709161936...
PARIS -- The world should brace for a possible war over the Iranian nuclear crisis, but seeking a solution through talks should take priority, French Foreign Minister Bernard Kouchner said on Sunday.
So what's it worth when there's no regular market?
Submitted by cpowell on Sun, 2007-09-16 18:54 Section: Daily DispatchesBy Paul J. Davies, Jennifer Hughes, and Gillian Tett
Financial Times, London
Thursday, September 13, 2007
http://www.ft.com/cms/s/0/51f80dfe-6192-11dc-bf25-0000779fd2ac.html
Will Hutton: When net income won't cover gross habits
Submitted by cpowell on Sun, 2007-09-16 18:22 Section: Daily DispatchesBy Will Hutton
The Observer, London
Sunday, September 16, 2007
http://observer.guardian.co.uk/comment/story/0,,2170289,00.html
EU adopts flexible stance on bank crises
Submitted by cpowell on Sun, 2007-09-16 16:54 Section: Daily DispatchesBy Tony Barber
Financial Times, London
Sunday, September 16, 2007
http://www.ft.com/cms/s/0/05b34256-648a-11dc-90ea-0000779fd2ac.html
PORTO, Portugal -- European Union finance ministers and central bankers decided at the weekend against establishing fixed rules in advance on how to bail out banks or other financial institutions that have cross-border operations in the EU.
With a sling and a stone
Submitted by cpowell on Sun, 2007-09-16 13:41 Section: Daily Dispatches1:20p ET Sunday, September 16, 2007
Dear Friend of GATA and Gold:
Rise in Canadian dollar shows break with U.S. economy
Submitted by cpowell on Sun, 2007-09-16 12:44 Section: Daily DispatchesBy Haris Anwar
Bloomberg News Service
Monday, September 17, 2007
http://quote.bloomberg.com/apps/news?pid=20601087&sid=a6uPcUFdLnao
TORONTO -- Currency traders are concluding that there's nothing the U.S. economy can do that Canada's can't do better. Much better.
James Turk: Banking system is 'a house of cards'
Submitted by cpowell on Sun, 2007-09-16 12:21 Section: Daily Dispatches12:25p ET Sunday, September 16, 2007
Dear Friend of GATA and Gold:
Angry savers forcing sale of Northern Rock
Submitted by cpowell on Sun, 2007-09-16 00:30 Section: Daily DispatchesBy Iain Dey and Patrick Hennessy
The Telegraph, London
Sunday, September 16, 2007
http://www.telegraph.co.uk/money/main.jhtml;jsessionid=WRKLTFU5KMZUFQFIQ...
Northern Rock, the crisis-hit bank under siege from thousands of its customers, was preparing itself last night for a selloff, The Sunday Telegraph can reveal.
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