Post by sweetredfl on Oct 15, 2007 22:53:14 GMT -5
BANKS
www.nypost.com/seven/10142007/business/its_not_d_j__vu_all_over_again.htm
IT'S NOT DÉJÀ VU ALL OVER AGAIN -
THIS Friday will mark the 20th anniversary of the 1987 stock market crash, and, given a sleepy news cycle, expect a lot of anniversary coverage of that sunny autumn day when the U.S. stock market virtually shut down.
today.reuters.co.uk/news/articlebusiness.aspx?type=businessNews&storyid=2007-10-15T113409Z_01_WLA1354_RTRUKOC_0_UK-FUND-EUROPE-FSA.xml
FSA says SIV superfund a "commercial decision"
The financial regulator said on Monday it would support domestic banks participating in a roughly $80 billion (39 billion pound) fund to buy ailing mortgage securities and other assets, but said it was not driving the initiative.
banks fighting to stay off balance sheet
www.fourwinds10.com/siterun_data/government/banking_and_taxation_irs/news.php?q=4c59fa24c26ea628aa416c845967a52b
www.charlotte.com/business/story/319606.html
Investors looking beyond earnings
investors are interested in the nitty-gritty about how much money Citigroup Inc., Bank of America Corp., JPMorgan Chase & Co., Wachovia Corp. and their rivals lost from the volatile fixed-income market, defaulting home mortgages, and corporate debt that couldn't attract buyers.
www.globeinvestor.com/servlet/story/ROC.20071015.2007-10-15T100539Z_01_N15321603_RTRIDST_0_BUSINESS-SUMMARY/GIStory/
Banks to set up $80 billion fund to limit credit crunch
www.nypost.com/seven/10152007/business/bailout_kings.htm BAILOUT KINGS - BANKS SET $100B FUND IN SUBPRIME MESS
A group of the biggest U.S. banks are ready today to roll out a $100 billion bailout plan to jump-start the wrecked credit mar- ket - but it could trigger new rifts in the financial fraternity.
www.bloomberg.com/apps/news?pid=20601082&sid=ayW35TjJ78ho
Citigroup, Bank of America Plan $80 Billion CP Fund (Update2)
Global Banks Announce Plans for Major Liquidity Facility to Bolster Asset-Backed Commercial Paper Markets
biz.yahoo.com/prnews/071015/clm046.html?.v=101
________
IRAQ WORLD NEWS
www.washingtonpost.com/wp-dyn/content/article/2007/10/14/AR2007101401245_pf.html
-------------------------
MINING
biz.yahoo.com/iw/071015/0315611.html
Lundin Mining Extends Canadian Tax Election Filing Deadline for Former Tenke Mining Shareholders
knobias.10kwizard.com/contents.php?ipage=5216054&repo=tenk&back=1
Alcan Inc. 8-K filed on 10/15/2007 - On October 10, 2007, Alcan Inc. ("Alcan") and Rio Tinto plc
issued a press release announcing the executive management team of Rio Tinto Alcan which will become effective upon the completion of Rio Tinto's acquisition of Alcan.
www.nationaljewelernetwork.com/njn/content_display/diamonds/e3ibed5796d939d697d64e04211004af254?imw=Y
The fourth Antwerp Diamond Conference, to be held from Oct. 15-16, will examine changes in the diamond industry now that the De Beers Group has moved from being a dominant single-channel player controlling the majority of rough supply in the market
Vybornov will bring a delegation of more than 30 people from Alrosa's senior management. The Russian company will host a reception for participants on Oct. 14, and Vybornov will address the conference on the morning of Oct. 16.
CALGARY, ALBERTA--(Marketwire - Oct. 15, 2007) - A new report, Canada as an Emerging Energy Superpower: Testing the Case, concludes that while Prime Minister Harper continues to crisscross the world promoting Canada as an energy superpower, "There is no clear definition of what it means to be an energy superpower" or what this power would be used for.
www.marketwire.com/mw/release.do?id=780645
biz.yahoo.com/ccn/071015/200710150418747001.html?.v=1
Silver Spruce Resources Inc. and Universal Uranium Ltd.: Third Phase Drill Program Update - Silver Spruce is the second largest landholder in one of the world's premier emerging uranium districts
www.nationaljewelernetwork.com/njn/content_display/diamonds/e3ibed5796d939d697d64e04211004af254?imw=Y
The fourth Antwerp Diamond Conference, to be held from Oct. 15-16, will examine changes in the diamond industry now that the De Beers Group has moved from being a dominant single-channel player controlling the majority of rough supply in the market to managing around 45 percent of rough today
biz.yahoo.com/iw/071015/0315197.html
The Canadian Advantage: Report on UTS Energy Corporation (TSX: UTS), Uranium One Inc. (TSX: UUU) and Forest Gate Resources Inc. (TSX-V: FGT)
biz.yahoo.com/ap/071015/belgium_diamonds_africa.html?.v=1
De Beers Backs African Gem Polishers - De Beers Calls for Diamond Trade to Back Growing African Polishing Industry
biz.yahoo.com/iw/071015/0315197.html
The Canadian Advantage: Report on UTS Energy Corporation (TSX: UTS), Uranium One Inc. (TSX: UUU) and Forest Gate Resources Inc. (TSX-V: FGT)
news.yahoo.com/s/ft/20071015/bs_ft/fto101520070946588450
Banks agree $75bn mortgage debt fund
Citigroup (NYSE:C), Bank of America (NYSE:BAC) and JPMorganon Monday announced plans for a fund to buy mortgage-linked securities in an attempt to allay fears of a downward price-spiral that would hit the balance sheets of big banks.
Citigroup Posts 57 Percent Drop in 3Q
biz.yahoo.com/ap/071015/earns_citigroup.html?.v=9
_____
SEC
tinyurl.com/29ctsy
Brave new MiFID world set for nervous start - The arrival of new European Union rules on November 1 to sweep away barriers to competition in securities trading will be less of a big bang and more a nervous tiptoe around legal potholes.
camrhon.proboards102.com/index.cgi?board=safe&action=display&thread=1192486774
SEC Sues NY Hedge - Improper Short Sales
________
MARKETS
www.nytimes.com/2007/10/14/business/14bank.html?ei=5065&en=6489772aacb69342&ex=1192939200&partner=MYWAY&pagewanted=print
“Treasury is very serious about getting some solution in place to take away the fear hanging over the markets,” October 14, 2007 Banks May Pool Billions to Stop Securities Sell-off By ERIC DASH
www.breitbart.com/article.php?id=D8S89HJ00&show_article=1
Corporate Earnings Worry Wall Street Oct 13 06:05 AM US/Eastern By JOE BEL BRUNO AP Business Writer NEW YORK (AP) - Inside major Wall Street firms and across their trading floors,
concerns about corporate earnings are getting difficult to ignore. and ... Anikulapo: had posted the other link earlier ... Banks May Pool Billions to Stop Securities Sell-off
camrhon.proboards102.com/index.cgi?board=safe&action=display&thread=1192483281
Scottstrade List of Stocks that are being COVERED NOW
__________
OF INTEREST
newsinfo.inquirer.net/breakingnews/regions/view_article.php?article_id=94247
US help sought in $3-trillion ‘Fed notes’ found in Cebu - The police on Friday recovered a chest containing what appeared to be US Federal
Reserve notes and other certificates with a face value of at least $3 trillion on the national highway in Argao town, Cebu.
Treasury Statement on Private-Sector Announcement Of Liquidity Facility for Asset Backed Commercial Paper
www.treas.gov:80/press/releases/hp609.htm
Paulson Pressured by G-7 Calls to Aid Dollar, Market
www.bloomberg.com/apps/news?pid=20601087&sid=aiXgH4EYAOe0&refer=home
The headline the Associated Press put on the story appended here is "Banks Move to Help Credit Markets." It might better read: "Big Banks Collude to Trade Their Phony Paper with Each Other to Prevent a Market from Breaking Out and Exposing Their Fraud."
biz.yahoo.com/ap/071015/banks_credit.html
Commodities will move out of pricing in dollars, fund manager says
www.reuters.com/article/reutersEdge/idUSL1227332920071012
Super SIVs - A Fraudulent Attempt at Concealment
globaleconomicanalysis.blogspot.com/2007/10/super-sivs-fraudulent-attempt-at.html
Stressed Out on Wall Street - Today's investing professionals have a modern set of coping strategies, including prescription drugs, wellness programs, and the long view
Over the summer, hedge fund manager Nandu Narayanan found his temper growing short. At the height of the selling in August, the credit markets ground to a halt and many banks and hedge funds were forced to divest assets at steep discounts. Worry about the extent of risk in mortgage-backed securities reached a fever pitch, leading to a 10% correction.
www.businessweek.com/bwdaily/dnflash/content/oct2007/db20071014_507091.htm?campaign_id=rss_null
this is great article on understanding FED and talks about IRS
www.john-f-kennedy.net/thefederalreserve.htm
www.sptimesrussia.com/index.php?action_id=2&story_id=23316 Banknote Forgery Up -
Russia’s central bank took 1.8 percent more fake banknotes out of circulation in the first nine months of the year as cash continued to be the main form of payment. A total of 79,993 counterfeit ruble bills were identified, compared with 78,562 in the same period last year, the Moscow-based central bank said in a report on its web site.
www.nypost.com/seven/10142007/business/its_not_d_j__vu_all_over_again.htm
IT'S NOT DÉJÀ VU ALL OVER AGAIN -
THIS Friday will mark the 20th anniversary of the 1987 stock market crash, and, given a sleepy news cycle, expect a lot of anniversary coverage of that sunny autumn day when the U.S. stock market virtually shut down.
today.reuters.co.uk/news/articlebusiness.aspx?type=businessNews&storyid=2007-10-15T113409Z_01_WLA1354_RTRUKOC_0_UK-FUND-EUROPE-FSA.xml
FSA says SIV superfund a "commercial decision"
The financial regulator said on Monday it would support domestic banks participating in a roughly $80 billion (39 billion pound) fund to buy ailing mortgage securities and other assets, but said it was not driving the initiative.
banks fighting to stay off balance sheet
www.fourwinds10.com/siterun_data/government/banking_and_taxation_irs/news.php?q=4c59fa24c26ea628aa416c845967a52b
www.charlotte.com/business/story/319606.html
Investors looking beyond earnings
investors are interested in the nitty-gritty about how much money Citigroup Inc., Bank of America Corp., JPMorgan Chase & Co., Wachovia Corp. and their rivals lost from the volatile fixed-income market, defaulting home mortgages, and corporate debt that couldn't attract buyers.
www.globeinvestor.com/servlet/story/ROC.20071015.2007-10-15T100539Z_01_N15321603_RTRIDST_0_BUSINESS-SUMMARY/GIStory/
Banks to set up $80 billion fund to limit credit crunch
www.nypost.com/seven/10152007/business/bailout_kings.htm BAILOUT KINGS - BANKS SET $100B FUND IN SUBPRIME MESS
A group of the biggest U.S. banks are ready today to roll out a $100 billion bailout plan to jump-start the wrecked credit mar- ket - but it could trigger new rifts in the financial fraternity.
www.bloomberg.com/apps/news?pid=20601082&sid=ayW35TjJ78ho
Citigroup, Bank of America Plan $80 Billion CP Fund (Update2)
Global Banks Announce Plans for Major Liquidity Facility to Bolster Asset-Backed Commercial Paper Markets
biz.yahoo.com/prnews/071015/clm046.html?.v=101
________
IRAQ WORLD NEWS
www.washingtonpost.com/wp-dyn/content/article/2007/10/14/AR2007101401245_pf.html
-------------------------
MINING
biz.yahoo.com/iw/071015/0315611.html
Lundin Mining Extends Canadian Tax Election Filing Deadline for Former Tenke Mining Shareholders
knobias.10kwizard.com/contents.php?ipage=5216054&repo=tenk&back=1
Alcan Inc. 8-K filed on 10/15/2007 - On October 10, 2007, Alcan Inc. ("Alcan") and Rio Tinto plc
issued a press release announcing the executive management team of Rio Tinto Alcan which will become effective upon the completion of Rio Tinto's acquisition of Alcan.
www.nationaljewelernetwork.com/njn/content_display/diamonds/e3ibed5796d939d697d64e04211004af254?imw=Y
The fourth Antwerp Diamond Conference, to be held from Oct. 15-16, will examine changes in the diamond industry now that the De Beers Group has moved from being a dominant single-channel player controlling the majority of rough supply in the market
Vybornov will bring a delegation of more than 30 people from Alrosa's senior management. The Russian company will host a reception for participants on Oct. 14, and Vybornov will address the conference on the morning of Oct. 16.
CALGARY, ALBERTA--(Marketwire - Oct. 15, 2007) - A new report, Canada as an Emerging Energy Superpower: Testing the Case, concludes that while Prime Minister Harper continues to crisscross the world promoting Canada as an energy superpower, "There is no clear definition of what it means to be an energy superpower" or what this power would be used for.
www.marketwire.com/mw/release.do?id=780645
biz.yahoo.com/ccn/071015/200710150418747001.html?.v=1
Silver Spruce Resources Inc. and Universal Uranium Ltd.: Third Phase Drill Program Update - Silver Spruce is the second largest landholder in one of the world's premier emerging uranium districts
www.nationaljewelernetwork.com/njn/content_display/diamonds/e3ibed5796d939d697d64e04211004af254?imw=Y
The fourth Antwerp Diamond Conference, to be held from Oct. 15-16, will examine changes in the diamond industry now that the De Beers Group has moved from being a dominant single-channel player controlling the majority of rough supply in the market to managing around 45 percent of rough today
biz.yahoo.com/iw/071015/0315197.html
The Canadian Advantage: Report on UTS Energy Corporation (TSX: UTS), Uranium One Inc. (TSX: UUU) and Forest Gate Resources Inc. (TSX-V: FGT)
biz.yahoo.com/ap/071015/belgium_diamonds_africa.html?.v=1
De Beers Backs African Gem Polishers - De Beers Calls for Diamond Trade to Back Growing African Polishing Industry
biz.yahoo.com/iw/071015/0315197.html
The Canadian Advantage: Report on UTS Energy Corporation (TSX: UTS), Uranium One Inc. (TSX: UUU) and Forest Gate Resources Inc. (TSX-V: FGT)
news.yahoo.com/s/ft/20071015/bs_ft/fto101520070946588450
Banks agree $75bn mortgage debt fund
Citigroup (NYSE:C), Bank of America (NYSE:BAC) and JPMorganon Monday announced plans for a fund to buy mortgage-linked securities in an attempt to allay fears of a downward price-spiral that would hit the balance sheets of big banks.
Citigroup Posts 57 Percent Drop in 3Q
biz.yahoo.com/ap/071015/earns_citigroup.html?.v=9
_____
SEC
tinyurl.com/29ctsy
Brave new MiFID world set for nervous start - The arrival of new European Union rules on November 1 to sweep away barriers to competition in securities trading will be less of a big bang and more a nervous tiptoe around legal potholes.
camrhon.proboards102.com/index.cgi?board=safe&action=display&thread=1192486774
SEC Sues NY Hedge - Improper Short Sales
________
MARKETS
www.nytimes.com/2007/10/14/business/14bank.html?ei=5065&en=6489772aacb69342&ex=1192939200&partner=MYWAY&pagewanted=print
“Treasury is very serious about getting some solution in place to take away the fear hanging over the markets,” October 14, 2007 Banks May Pool Billions to Stop Securities Sell-off By ERIC DASH
www.breitbart.com/article.php?id=D8S89HJ00&show_article=1
Corporate Earnings Worry Wall Street Oct 13 06:05 AM US/Eastern By JOE BEL BRUNO AP Business Writer NEW YORK (AP) - Inside major Wall Street firms and across their trading floors,
concerns about corporate earnings are getting difficult to ignore. and ... Anikulapo: had posted the other link earlier ... Banks May Pool Billions to Stop Securities Sell-off
camrhon.proboards102.com/index.cgi?board=safe&action=display&thread=1192483281
Scottstrade List of Stocks that are being COVERED NOW
__________
OF INTEREST
newsinfo.inquirer.net/breakingnews/regions/view_article.php?article_id=94247
US help sought in $3-trillion ‘Fed notes’ found in Cebu - The police on Friday recovered a chest containing what appeared to be US Federal
Reserve notes and other certificates with a face value of at least $3 trillion on the national highway in Argao town, Cebu.
Treasury Statement on Private-Sector Announcement Of Liquidity Facility for Asset Backed Commercial Paper
www.treas.gov:80/press/releases/hp609.htm
Paulson Pressured by G-7 Calls to Aid Dollar, Market
www.bloomberg.com/apps/news?pid=20601087&sid=aiXgH4EYAOe0&refer=home
The headline the Associated Press put on the story appended here is "Banks Move to Help Credit Markets." It might better read: "Big Banks Collude to Trade Their Phony Paper with Each Other to Prevent a Market from Breaking Out and Exposing Their Fraud."
biz.yahoo.com/ap/071015/banks_credit.html
Commodities will move out of pricing in dollars, fund manager says
www.reuters.com/article/reutersEdge/idUSL1227332920071012
Super SIVs - A Fraudulent Attempt at Concealment
globaleconomicanalysis.blogspot.com/2007/10/super-sivs-fraudulent-attempt-at.html
Stressed Out on Wall Street - Today's investing professionals have a modern set of coping strategies, including prescription drugs, wellness programs, and the long view
Over the summer, hedge fund manager Nandu Narayanan found his temper growing short. At the height of the selling in August, the credit markets ground to a halt and many banks and hedge funds were forced to divest assets at steep discounts. Worry about the extent of risk in mortgage-backed securities reached a fever pitch, leading to a 10% correction.
www.businessweek.com/bwdaily/dnflash/content/oct2007/db20071014_507091.htm?campaign_id=rss_null
this is great article on understanding FED and talks about IRS
www.john-f-kennedy.net/thefederalreserve.htm
www.sptimesrussia.com/index.php?action_id=2&story_id=23316 Banknote Forgery Up -
Russia’s central bank took 1.8 percent more fake banknotes out of circulation in the first nine months of the year as cash continued to be the main form of payment. A total of 79,993 counterfeit ruble bills were identified, compared with 78,562 in the same period last year, the Moscow-based central bank said in a report on its web site.