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Apr 4, 2009

Lind E Wire : "Avoiding trading Mistakes of 2008"

Article by Ray Wadhawan. To read full coverage, click HERE

Keeping your eyes on the markets

Adam Shaw says :" it is vitally important to keep track of the market."

To view this video, click HERE

GATA Dispatches: "Summers got in fees from bailed-out Banks

Summers got millions in fees from bailed-out banks
Submitted by cpowell on 04:57PM ET Friday, April 3, 2009. Section: Daily Dispatches By Timothy J. Burger and Kristin JensenBloomberg NewsFriday, April 3, 2009http://www.bloomberg.com/apps/news?pid=20601087&sid=amujoxo_s_EA&refer=h...Lawrence Summers, director of President Barack Obama's National Economic Council, took in more than $2.7 million in speaking fees paid by organizations that included Citigroup Inc., Goldman Sachs Group Inc., and Bank of America Corp., among other companies now receiving taxpayer funds in the economic bailout. Summers also was paid more than $1.4 million in salary and over $3.7 million in other compensation by the investment firm D.E. Shaw & Co. in the past 16 months, according to financial disclosure forms of top White House officials that the administration made public today. Given Summers' resume, "there was considerable interest in hearing his economic insights from companies across various industries," said Ben LaBolt, a White House spokesman. Since coming to the White House, Summers "has been at the forefront of this administration's work to shore up our nation's financial system and to put in place a regulatory framework that will strengthen the financial system." Separately, Valerie Jarrett, a senior adviser to Obama and a close friend from Chicago, sold shares she owned in CME Group Inc., Caterpillar Inc., Hewlett Packard Co., Intel Corp., Sony Corp., General Mills Inc., General Dynamics Corp., Costco Wholesale Corp. and Nike Inc. The income from those stocks, also including dividends in the last 15 months, ranged from as little as $1,000 to as much as $100,000 each. The disclosure form only requires ranges. Jarrett also sold restricted stock options in Navigant Consulting Inc. for $393,286, according to her disclosure. She served as a board member for the Chicago-based consulting firm. Jarrett reported owning between $15,000 and $50,000 worth of Apple Inc. shares and between $1,000 and $15,000 in stock of Best Buy Co., Brinker International Inc., Staples Inc. and Starbucks Corp. The White House said she no longer owns any shares. In the last 15 months, she also earned a salary of $302,000 from Habitat Executive Services Inc. in Chicago and directors' fees of more than $346,000 from groups ranging from Navigant to USG Corp., a manufacturer of building materials. David Axelrod, the chief strategist of Obama's historic campaign who is now a senior adviser to the president, received $1.55 million in salary and partnership income from public affairs firms he co-owned and agreed to a buyout that will pay him $3 million over five years, his disclosure form shows. Axelrod's clients included the AFL-CIO, a federation of labor unions; the American Association for Justice, formerly known as the Association of Trial Lawyers of America; AT&T Inc.; and Bally Total Fitness Corp.

* * *Help keep GATA goingGATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:http://www.gata.org
To contribute to GATA, please visit:
http://www.gata.org/node/16
Contact GATAinfo@gata.orgGold Anti-Trust Action Committee
7 Villa Louisa RoadManchester, Connecticut06043-7541 USA
www.gata.org

GATA Dispatches:"Ian Gordon on the World Economy and Gold"

Submitted by cpowell on 04:31PM ET Friday, April 3, 2009. Section: Daily Dispatches 7:30p ET Friday, April 3, 2009Dear Friend of GATA and Gold:Ian Gordon, publisher of the Long Wave Analyst letter (http://www.longwavegroup.com/), was interviewed this week by the Globe and Mail in Toronto about the world economy in general and gold in particular. Among other things, Gordon remarked that it's not hard to manipulate the gold price in the futures market, and that he expects gold to be brought back formally into the international monetary system.You can find the interview with Gordon here:http://business.theglobeandmail.com/servlet/story/RTGAM.20090402.wrgordo...
Then he is part of a Globe and Mail panel discussion with other market analysts here:http://www.theglobeandmail.com/servlet/story/RTGAM.20090401.wgordondiscu...
For the panel discussion, you can also try this abbreviated link:http://tinyurl.com/cj8bxv
CHRIS POWELL, Secretary/TreasurerGold Anti-Trust Action Committee Inc.
* * *
Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code.

Its e-mail dispatches are free, and you can subscribe at:http://www.gata.org/To contribute to GATA, please visit:
http://www.gata.org/node/16

Contact GATAinfo@gata.orgGold Anti-Trust Action Committee

7 Villa Louisa RoadManchester, Connecticut06043-7541 USA
http://www.gata.org/