Post by sweetredfl on Nov 6, 2007 20:48:27 GMT -5
CITIBANK
ragingbull.quote.com/mboard/boards.cgi?board=CMKI&read=601759
Investors are not only worried about the $8 billion to $11 billion the bank expects to slash on its investments.
They're also concerned that Prince's successor as CEO may not administer the bitter medicine many say the bank needs to revive, including lancing some of its businesses.
news.cincypost.com/apps/pbcs.dll/article?AID=/20071106/BIZ/711060322
Can Citi survive? - After massive loss, investors wonder whether bank can stay intact
www.globeinvestor.com/servlet/story/ROC.20071106.2007-11-06T115508Z_01_L06636581_RTRIDST_0_BUSINESS-CITIGROUP-STUCKEY-COL/GIStory/
Citigroup names Stuckey to run subprime portfolio
____
BANKS
Markets fear banks have $1 trillion in toxic debt
news.independent.co.uk/business/news/article3132507.ece
Fed adds $4.25 bln in reserves in 2-day repo
www.reuters.com/article/marketsNews/idUKNYG00083520071106?rpc=44
Soros Forecasts 'Serious' US Economic Correction
www.cnbc.com/id/21649126
Greenspan, King see more pain for banks, U.S.
news.yahoo.com/s/nm/20071106/bs_nm/economy_credit_dc_3
Brazil Investigates UBS, Credit Suisse, AIG in Money Laundering Probe
biz.yahoo.com/ap/071106/brazil_money_laundering.html?.v=5
Brazil Federal Police Arrest 20 Employees of Swiss Banks
www.bloomberg.com/apps/news?pid=20601086&sid=aqtqTLvK8GLE
: Saadi declined to name because of secrecy laws, deposited the funds into overseas accounts via black-market money changers with accounts in Brazil and abroad. The companies used the money hidden abroad to buy merchandise in the United States and China that was then shipped to Brazil
What's the damage? Why banks are only starting to uncover their subprime losses
news.yahoo.com/s/ft/20071104/bs_ft/fto110420071335381700
www.bloomberg.com/apps/news?pid=20601103&sid=aWVmFMMz2YDA
Citigroup Writedowns May Be as Much as $13.7 Billion (Update6)
\Additional writedowns may balloon to $21.1 billion if off- balance-sheet units are included, according to analysts David Hendler, Richard Hoffman and Pri de Silva in New York.
____
WALLSTREET
Wall Street firms see recession nearing
www.reuters.com/article/Finance07/idUSN0554066820071106
Fox-Pitt sees up to $6 bln Morgan Stanley losses
www.reuters.com/article/bankingfinancial-SP/idUSN0636922820071106
_
www.martinweiss.com/Articles/Article.asp?ArticleID=239 Deficits Ballooning Out Of Control!
Dollar Plunging!Coming soon: Higher inflation,interest rates, gold, energy!
The United States federal deficit is ballooning wildly out of control.
We may be about to find out. From November 15, we will have a new tool for figuring out how much toxic waste is in investment banks' balance sheets
www.malaysia-today.net/nuc2006/report07.php?itemid=58
__
SEC
www.sec.gov/news/press/2007/2007-225.htm
PROPOSED PLAN FOR THE ALLOCATION OF REGULATORY RESPONSIBILITIES PURSUANT TO RULE 17d-2
www.sec.gov/rules/other/2007/34-56731.pdf
_____________
MINING
www.marketwire.com/mw/release.do?id=789299
Spirit Exploration Announces $4.8 Million Joint Venture on Maria Olivia Gold Project and One Million Shares in JV Company
Franzosi S.A. plans to go public on the Toronto Stock Exchange before the end of the year. The Definitive Agreement shall be completed and executed on or before November 13, 2007.
Peter Laipnieks, President of Spirit stated "This joint venture will accelerate our gold production plans in the Portovelo area of Ecuador. We are presently upgrading our production plant at Muluncay and are planning a major expansion there in the near future.
You remember, we were in the Portovelo area of Ecuador.!!!!!!!
www.diamondintelligence.com/magazine/magazine.asp?id=5658
SHORE GOLD COMPLETES DIAMOND VALUATION -
The valuation was based on underground diamond parcels which totaled 10,309.07 carats and were valued at US$1,084,443. Accordingly, the average actual price per carat which the goods would achieve at a diamond trading centre is US$105.
www.newswire.ca/en/releases/archive/November2007/06/c4642.html
Golden Band Resources commences drilling at the Decade gold mine - is pleased to announce the start of its 2007 fall exploration program in the La Ronge gold belt of northern Saskatchewan.
www.marketwire.com/mw/release.do?id=789378
Abbastar Uranium Corp. (the "Company" or "Abbastar") (TSX VENTURE:ABA) announced today that it has retained the
services of Broadgate Consultants, LLC to assist with its investor relations activities with particular emphasis on the U.S. institutional investor market.
**very good read about commodities and were heading The Greatest Profits Ever by Martin D. Weiss Ph.D. 11/5/2007
www.moneyandmarkets.com/Issues.aspx?NewsletterEntryId=1154
How to Play Canada's Boom by Tony Sagami
www.moneyandmarkets.com/Issues.aspx?NewsletterEntryId=1156
www.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=Z-C:SGF-1426619&symbol=SGF&news_region=C
Shore has tonnage, needs value at lesser Orion
www.marketwire.com/mw/release.do?id=789593
UC Resources Ltd. (TSX VENTURE:UC) ("UC" or "the Company") is pleased to announce that Mr. James Voisin has been appointed as President and joined the board of d
____
FRAUD
SEC Covers Up UAE Money Laundering with U.S. Stocks
www.phillyimc.org/en/2006/03/19271.shtml
_____
CHENEY
www.foxnews.com/story/0,2933,308738,00.html
Dennis Kucinich Pushes for Cheney Impeachment Articles
After considering his motion, House Speaker Nancy Pelosi allowed the resolution to come up for debate.
www.timeforaccountability.org/PDFs/kucinich_articles-of-impeachment.pdf
_
RON PAUL
blogs.usatoday.com/ondeadline/2007/11/ron-paul-raises.html
Ron Paul raises lots of money in one day
www.msnbc.msn.com/id/21646939/
Paul sets one-day GOP fundraising record Republican presidential candidate Ron Paul, aided by an extraordinary outpouring of Internet support Monday, hauled in more than $4.2 million in nearly 24 hours.
_______
Of Interest
www.usatoday.com/news/washington/2007-11-06-mukasey_N.htm?csp=34
Michael Mukasey's confirmation as attorney general seems assured after two key Senate Judiciary Committee Democrats accepted his vow to enforce any law Congress might enact against waterboarding. 11-8
The Senate Judiciary Committee has voted to send Michael Mukasey's nomination for attorney general to the full Senate. Vote was 11-8
ragingbull.quote.com/mboard/boards.cgi?board=CMKI&read=601759
Investors are not only worried about the $8 billion to $11 billion the bank expects to slash on its investments.
They're also concerned that Prince's successor as CEO may not administer the bitter medicine many say the bank needs to revive, including lancing some of its businesses.
news.cincypost.com/apps/pbcs.dll/article?AID=/20071106/BIZ/711060322
Can Citi survive? - After massive loss, investors wonder whether bank can stay intact
www.globeinvestor.com/servlet/story/ROC.20071106.2007-11-06T115508Z_01_L06636581_RTRIDST_0_BUSINESS-CITIGROUP-STUCKEY-COL/GIStory/
Citigroup names Stuckey to run subprime portfolio
____
BANKS
Markets fear banks have $1 trillion in toxic debt
news.independent.co.uk/business/news/article3132507.ece
Fed adds $4.25 bln in reserves in 2-day repo
www.reuters.com/article/marketsNews/idUKNYG00083520071106?rpc=44
Soros Forecasts 'Serious' US Economic Correction
www.cnbc.com/id/21649126
Greenspan, King see more pain for banks, U.S.
news.yahoo.com/s/nm/20071106/bs_nm/economy_credit_dc_3
Brazil Investigates UBS, Credit Suisse, AIG in Money Laundering Probe
biz.yahoo.com/ap/071106/brazil_money_laundering.html?.v=5
Brazil Federal Police Arrest 20 Employees of Swiss Banks
www.bloomberg.com/apps/news?pid=20601086&sid=aqtqTLvK8GLE
: Saadi declined to name because of secrecy laws, deposited the funds into overseas accounts via black-market money changers with accounts in Brazil and abroad. The companies used the money hidden abroad to buy merchandise in the United States and China that was then shipped to Brazil
What's the damage? Why banks are only starting to uncover their subprime losses
news.yahoo.com/s/ft/20071104/bs_ft/fto110420071335381700
www.bloomberg.com/apps/news?pid=20601103&sid=aWVmFMMz2YDA
Citigroup Writedowns May Be as Much as $13.7 Billion (Update6)
\Additional writedowns may balloon to $21.1 billion if off- balance-sheet units are included, according to analysts David Hendler, Richard Hoffman and Pri de Silva in New York.
____
WALLSTREET
Wall Street firms see recession nearing
www.reuters.com/article/Finance07/idUSN0554066820071106
Fox-Pitt sees up to $6 bln Morgan Stanley losses
www.reuters.com/article/bankingfinancial-SP/idUSN0636922820071106
_
www.martinweiss.com/Articles/Article.asp?ArticleID=239 Deficits Ballooning Out Of Control!
Dollar Plunging!Coming soon: Higher inflation,interest rates, gold, energy!
The United States federal deficit is ballooning wildly out of control.
We may be about to find out. From November 15, we will have a new tool for figuring out how much toxic waste is in investment banks' balance sheets
www.malaysia-today.net/nuc2006/report07.php?itemid=58
__
SEC
www.sec.gov/news/press/2007/2007-225.htm
PROPOSED PLAN FOR THE ALLOCATION OF REGULATORY RESPONSIBILITIES PURSUANT TO RULE 17d-2
www.sec.gov/rules/other/2007/34-56731.pdf
_____________
MINING
www.marketwire.com/mw/release.do?id=789299
Spirit Exploration Announces $4.8 Million Joint Venture on Maria Olivia Gold Project and One Million Shares in JV Company
Franzosi S.A. plans to go public on the Toronto Stock Exchange before the end of the year. The Definitive Agreement shall be completed and executed on or before November 13, 2007.
Peter Laipnieks, President of Spirit stated "This joint venture will accelerate our gold production plans in the Portovelo area of Ecuador. We are presently upgrading our production plant at Muluncay and are planning a major expansion there in the near future.
You remember, we were in the Portovelo area of Ecuador.!!!!!!!
www.diamondintelligence.com/magazine/magazine.asp?id=5658
SHORE GOLD COMPLETES DIAMOND VALUATION -
The valuation was based on underground diamond parcels which totaled 10,309.07 carats and were valued at US$1,084,443. Accordingly, the average actual price per carat which the goods would achieve at a diamond trading centre is US$105.
www.newswire.ca/en/releases/archive/November2007/06/c4642.html
Golden Band Resources commences drilling at the Decade gold mine - is pleased to announce the start of its 2007 fall exploration program in the La Ronge gold belt of northern Saskatchewan.
www.marketwire.com/mw/release.do?id=789378
Abbastar Uranium Corp. (the "Company" or "Abbastar") (TSX VENTURE:ABA) announced today that it has retained the
services of Broadgate Consultants, LLC to assist with its investor relations activities with particular emphasis on the U.S. institutional investor market.
**very good read about commodities and were heading The Greatest Profits Ever by Martin D. Weiss Ph.D. 11/5/2007
www.moneyandmarkets.com/Issues.aspx?NewsletterEntryId=1154
How to Play Canada's Boom by Tony Sagami
www.moneyandmarkets.com/Issues.aspx?NewsletterEntryId=1156
www.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=Z-C:SGF-1426619&symbol=SGF&news_region=C
Shore has tonnage, needs value at lesser Orion
www.marketwire.com/mw/release.do?id=789593
UC Resources Ltd. (TSX VENTURE:UC) ("UC" or "the Company") is pleased to announce that Mr. James Voisin has been appointed as President and joined the board of d
____
FRAUD
SEC Covers Up UAE Money Laundering with U.S. Stocks
www.phillyimc.org/en/2006/03/19271.shtml
_____
CHENEY
www.foxnews.com/story/0,2933,308738,00.html
Dennis Kucinich Pushes for Cheney Impeachment Articles
After considering his motion, House Speaker Nancy Pelosi allowed the resolution to come up for debate.
www.timeforaccountability.org/PDFs/kucinich_articles-of-impeachment.pdf
_
RON PAUL
blogs.usatoday.com/ondeadline/2007/11/ron-paul-raises.html
Ron Paul raises lots of money in one day
www.msnbc.msn.com/id/21646939/
Paul sets one-day GOP fundraising record Republican presidential candidate Ron Paul, aided by an extraordinary outpouring of Internet support Monday, hauled in more than $4.2 million in nearly 24 hours.
_______
Of Interest
www.usatoday.com/news/washington/2007-11-06-mukasey_N.htm?csp=34
Michael Mukasey's confirmation as attorney general seems assured after two key Senate Judiciary Committee Democrats accepted his vow to enforce any law Congress might enact against waterboarding. 11-8
The Senate Judiciary Committee has voted to send Michael Mukasey's nomination for attorney general to the full Senate. Vote was 11-8