Money & Markets – Week of 11.02.08

Adjusted Monetary Base Now Going at 785.7%
Federal Reserve Bank of St. Louis (6 Nov 2008)

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IMF Urges Radical Action to Fight Global Recession
The Telegraph (07 Nov 2008)

Just 3 ‘Superbanks’ Now Dominate Industry
MSNBC (06 Nov 2008)

Banks Now Have Cash — But Few Clients
MSNBC (06 Nov 2008)

Oil ‘To Shoot Back Through $100’
The Guardian (06 Nov 2008)

GMAC warns ResCap could fail
Financial Times (05 Nov 2008)

GM’s `Time Is Very Short’ for U.S. Aid, Altman Says
Bloomberg (05 Nov 2008)

Longer-Term Jobless Benefits Hit 25-Year High
MSNBC (06 Nov 2008)

Credit and Credibility
BBC (06 Nov 2008)

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Credit Swap Inventory was Grossly Incomplete
GATA / Bloomberg (06 Nov 2008)

Rubin Won’t Return to Treasury, Boosting Summers’ Chances
GATA / Bloomberg (06 Nov 2008)

Dems Target Private Retirement Accounts
Carolina Journal (04 Nov 2008)

Barack Obama Will Bring Step-Change to US Economic Policy
The Telegraph (06 Nov 2008)

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Stores’ Fury Over Debit Card Charges
Retail Week (23 Oct 2008)

Obama’s Business Brain Trust
Fortune (05 Nov 2008)

Banks Continue to Tighten Credit
Latest Federal Reserve Charts

Having Unleashed Deflation, Fed Mulls How to Get Inflation Back
GATA / Financial Times (04 Nov 2008)

For Whom the Bailout Tolls
Truthout.org (25 Oct 2008)

Credit Swaps Are No Problem, Their Inventors and Managers Insist
GATA / Bloomberg (04 Nov 2008)

Organized Crimes
Sanders Research (03 Nov 2008)

Commodities Send Sell Signal Before Long Recession
Bloomberg (03 Nov 2008)

Goldman Sachs Ready to Hand Out £7BN Salary and Bonus Package … After its £6BN Bail-Out
The Daily Mail (30 Oct 2008)

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World According to TARP No Laughing Matter for U.S.
Bloomberg (29 Oct 2008)

Strong Dollar Stamina in Doubt
Asia Times (04 Nov 2008)

Blue Mountain Freezes $3.1 Billion Credit Hedge Fund
Bloomberg (03 Nov 2008)

Black Hole Gapes for Pensions
Asia Times (31 Oct 2008)

£50 Notes in Circulation Up 20%
BBC (01 Nov 2008)

Will World Swallow Another Half-Trillion in U.S. Treasuries this Quarter?
GATA / Bloomberg (03 Nov 2008)

William Greider: Paulson’s Swindle Revealed
GATA / The Nation (31 Oct 2008)

Is the Buck Back?
Reuters (31 Oct 2008)

The Fed as Central Bank to the World
GATA / Financial Post (02 Nov 2008)

Effectiveness of AIG’s $143 Billion Rescue Questioned
Washington Post (03 Nov 2008)

Chinese Manufacturing Shrinks by Record
Bloomberg (03 Nov 2008)

Fed Cut Won’t Help Lending Much
Forbes (29 Oct 2008)

Consumers Feel the Next Crisis: It’s Credit Cards
NY Times (28 Oct 2008)

Hedge Funds are Blaming Everyone but Themselves
The Times (02 Nov 2008)

Lehman Good-for-Retirement Notes Worth Pennies for UBS Clients
Bloomberg (03 Nov 2008)

Punish the Banks if They Axe Your Savings Rate
The Telegraph (02 Nov 2008)

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