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Aug 9, 2010

FORA tv: Daniel Pink: The Surprising Truth About What Motivates Us. August 9th., 2010 Series: L2: Generation Next Forum 2010 Matthew Bishop: The World Gen Y Will Inherit L2. August 9th., 2010

FGC BOLSA FGC FINANCIAL MARKETS: MarketWatch - Industry - Financial Services.-Private equity giant KKR shelves stock offering. August 9th., 2010


Private equity giant KKR shelves stock offering
By Matt Andrejczak MarketWatch

Private-equity giant KKR puts the brakes on a proposed share offering, citing 'unfavorable market conditions.' 

By Alistair Barr MarketWatch

CVB Financial says it's received a subpoena from the Securities and Exchange Commission seeking information about how the California bank handles troubled loans. 

ABC News : Australia Business News. -Smart meters to help ration power.August 9th., 2010

Smart meters to help ration power
Smart meters could be be used to ration power, in an attempt to help Victorian families manage costs.

Mt Isa 'ridicule' must stop over lead poisoning
Former Queensland mines minister Tony McGrady says he is tired of Mount Isa, in the state's north-west, being ridiculed as an unhealthy place to raise children and it is time for the community to fight back.

Wall Street rallies before Fed meeting
Trading in the United States started the week on a positive note, with sentiment boosted by hopes the Federal Reserve would implement plans to help shore up the economy.

More Business Stories >

The Washington Post: Breaking News.-News Alert: Gates: Pentagon to cut thousands of jobs. August 9th., 2010

News Alert: Gates: Pentagon to cut thousands of jobs
05:15 PM EDT Monday, August 9, 2010

Defense Secretary Robert M. Gates says the Pentagon's cuts will include almost a third of its regular budget for contractors and an entire military command based in Norfolk.

For more information, visit

Maria Bartiromo's Investors brief.-This Week On The Street.: Best and Worst of the Last 15 Years. August 9th., 2010


Fed Watching Is Back

Yes, it’s Fed Week for the first time in two months. In addition to the Fed’s latest decision on interest rates and accompanying statement, we’ll also get a read on consumers and productivity. Here’s what to look for.

This Week On The Street

Maria's Investor Brief: August 9, 2010

MarketWatch.- Personal Finance Daily.- Good news for apartment owners is bad for renters. August 9th., 2010


Personal Finance Daily
AUGUST 09, 2010

Monday's Personal Finance stories

By MarketWatch

Don't miss these top stories:
More people are moving into apartments, thus pushing vacancy rates lower -- a surprising trend given the weak job market, according to a variety of rental-market stats monitored by industry experts. Read Amy Hoak's Home Economics column today for a look at what's going on in the rental industry.

Or, maybe it's not so surprising. After all, the people now who are unable to secure financing to buy a home, or those who can get financing but don't like the look of the real-estate market, and all those other people who've lost their homes -- they've all got to live somewhere.

The bad news for renters: As vacancies continue to drop, eventually landlords will be able to start charging more. But for now, at least, it continues to be a renter's market, in general.

-- Andrea Coombes , Personal Finance editor

Apartment market shows signs of improvement

The apartment industry often doesn't improve until the job market strengthens, and workers gain the confidence to drop their roommate and get a place of their own or move out of their parents' basement.
See Amy Hoak's Home Economics on apartment market shows signs of improvement.


Tips for firms to avoid sexual-harassment problems

Hewlett-Packard said Mark Hurd did not violate the company's sexual-harassment policy, but the unfolding drama raises questions: What does constitute sexual harassment, and how should firms address the issue?
See story on tips for firms to avoid sexual-harassment problems.


Say goodbye to cheap flights

The cheap-flight party is over. After a string of mostly profitable earnings reports, a sizable jump in fee revenues and an uptick in fares, airlines are enjoying an unusually strong recovery coming off a dire two years -- and they won't be shifting gears any time soon.
See story on say goodbye to cheap flights.


Risks of retirement communities

Increasing numbers of older Americans are seeking out the security and comfort of a continuing-care retirement community. But a new report from the federal Government Accountability Office warns that such assurances often come at a steep price and "considerable risk."
See story on the risks of retirement communities.


Should I make my 13-year-old get a job?

It's time for my son to get a job. Technically, he's still too young to flip burgers or bag groceries, as I once did. He's only 13 years old, and federal law tends to frown on child labor.
See story on should I make my 13-year-old get a job?


How to tame college costs

The start of the school year is right around the corner, and for parents of college-age children that means it's time to open up the wallet.
See story on how to tame college costs.

When student loans live on after death

In July 2006, 25-year-old Christopher Bryski died. His private student loans didn't. Mr. Bryski's family in Marlton, N.J., continues to make monthly payments on his loans--the result of a potentially costly loophole in the rules governing student lending.
See story on when student loans live on after death.


ETFs that short Treasurys suffer big losses

Betting against Treasury bonds was supposed to be the no-brainer strategy for 2010. Instead, shorting government debt has brought steep losses so far this year, due to surging bond prices as investors seek safety on worries stocks could be hit by deflationary headwinds.
See ETF Investing on ETFs that short Treasurys suffer big losses.

Financial reform won't make commodity funds safer

Jon in Tacoma, Wash. wrote to say he's been thinking about using commodity funds to diversify his portfolio in this tough investment climate, putting him into hard assets or real assets that are not a part of a standard mutual-fund lineup.
See Chuck Jaffe on financial reform won't make commodity funds safer.

H-P stock-price error caused by Direct Edge trades

Mismarked trades in shares of Hewlett-Packard Co. over a new electronic stock exchange caused a closing-quote error Friday, throwing into question the market reaction to the resignation of Mark Hurd as the computer maker's chief executive.
See story on H-P stock-price error caused by Direct Edge trades.

Five retail stocks that can beat consumers' blues

Tapped-out consumers are hardly in a buying mood, and consequently many retailers are getting knocked off the shelf.
See story on five retail stocks that can beat consumers' blues.

A season, and a market, for wading

For the past several months, the stock market has gone on one of its white-knuckle jags. After a reasonably good start to the year, prices started skidding in early May with the so-called Flash Crash punctuating a decline that reached into July.
See story on a season, and a market, for wading.

Crash of 2008 winner calls major top

A frantic Friday sees stocks rebound enough for a winning week, but one letter that anticipated the Crash of 2008 says a major top is forming.
See story on crash of 2008 winner calls major top.


2011 Chevrolet Cruze

Chevy made an offer I couldn't refuse -- a good chunk of time alone in their new compact car with the midsize interior. It seemed like a neat idea then to photograph the latest bowtie creation next to old buildings that date back to Civil War times and days when this bucolic postage-stamp-size little burg had train service.
See car review of 2011 Chevrolet Cruze.


BP not ruling out return to reservoir below ill-fated Gulf site

Now that BP PLC has finally gotten the upper hand on the Macondo well that gushed 4.9 million barrels of oil into the Gulf of Mexico, experts predict the huge amount of oil discovered at the deepwater site will be tapped some day.
See story on BP not ruling out return to reservoir below ill-fated Gulf site

RTTNews : Evening Market Wrap.-Stocks Lifted By Prospect Of Fed Stimulus – U.S. Commentary . August 9th., 2010

Evening Market Wrap Mon Aug 9 17:01 2010 


Aug 9, 2010 Stocks Lifted By Prospect Of Fed Stimulus – U.S. Commentary Stocks saw solid gains to open the week on Monday, lifted by the prospect of possible stimulus from the Federal Reserve in its interest rate decision tomorrow. Early upside came as traders looked to better than expected comparable store sales from McDonald’s (MCD) and a batch of corporate earnings results with quarterly reporting season winding down. Full Article

FX 360 .- Commentary by Kathy Lien. August 9th., 2010


USD/CHF +95 pips +0.91%
GBP/CHF +114 pips +0.69%
NZD/USD -47 pips -0.60%




08/10 Meeting09/21 Meeting
NO CHANGE60.5%59.6%
CUT TO 0BP39.5%37.3%
HIKE TO 50BP0.0%3.3%

The currency market has been extremely quiet ahead of tomorrow’s Federal Reserve monetary policy announcement with the greenback trading higher against all of the major currencies. Given the lack of participation in the markets today, the rebound in the dollar can be mostly attributed to the reduction of short dollar positions ahead of this highly anticipated event. Even though the Federal Reserve has not changed interest rates since December 2008, this meeting is an important one because many people expect the U.S. central bank to restore easier monetary policy. Unlike prior meetings where the Fed’s decision centered on unwinding emergency measures, this meeting will be all about stalling thE process and possibly bringing back some of those measures. We will publish a thorough FOMC outlook first thing tomorrow morning but here’s a little preview:
Dollar will Weaken Further if Fed Chooses to Reinvest MBS or Conduct Asset Sales
Now it goes without saying that the Federal Reserve will leave interest rates unchanged at 0.25 percent. The last time that the central bank changed interest rates was in December 2008 when they brought rates down from 1 percent to current levels. The recovery in the first quarter led many people to believe that the Fed would gradually unwind their emergency measures and follow up with a rate hike later this year. However the recovery slowed dramatically in the second quarter with non-farm payrolls turning negative. Consumer spending also took a big hit, contracting in both May and June. As a result, investors called on the Fed to resume quantitative easing. Despite having already brought interest rates to record lows and expanded the balance sheet to colossal levels, the Fed still has ammunition stashed away. As Bernanke said in his semi-annual testimony last month, “there are options to further stimulate the economy.”  These options include, but are not limited to e ncouraging banks to lend by bringing the interest paid on bank reserves to zero, reinvest capital repayments from mortgage backed securities, resume purchases of long term Treasuries or mortgage related assets, target a specific level in Treasury yield to combat deflation and linking the pledge to keep interest rates low for an extended period of time to a specific condition.   The most likely option at this point is to reinvest maturing mortgage backed securities which would lower interest rates but not expand the balance sheet. It would basically defer balance sheet contraction and the asset sales that follow. The result would be a further compression in U.S. yields which would continue to pressure the dollar. If the Fed opted for a more dramatic move such as asset purchases, the sell-off in the dollar could be even more significant.
How to Trade FOMC
Trading the Fed meeting is always difficult because in addition to a decision on rates, the tone of the FOMC statement also affects how the dollar trades. Rather than immediately jumping into the market after the announcement, we have found that in 11 out of the last 14 times that the Federal Reserve has met, the move in the EUR/USD during the U.S. trading session continued into the Asian and London sessions. More specifically, the dollar’s move between 2:15pm and 4pm NY time tends to follow through from 4pm to 12pm EST (noon) the following day. The table below illustrates the reaction in the EUR/USD from 2:15 to 4pm on FOMC day and from 4pm to 12pm EST the next day. For forex traders that may not know how to interpret and trade FOMC, this suggests that it may be better to wait and see how the market reacts before jumping in because continuation is very likely.
Over the past 2 months the EUR/USD has undergone a very significant rally that took the currency pair from a low of 1.1877 in early June to a high of 1.3334 last Friday. The euro’s recovery was partially due to an improvement in economic data and subsiding concerns about the sovereign debt crisis and partially due to deterioration in U.S. fundamentals. Having come such a long way, it is not surprising to see the EUR/USD give up some of its gains like it has done today even in the midst of stronger economic data. The U.S. Federal Reserve will deliver a monetary policy announcement on Friday and the outcome will confirm or deny the market’s fears about the outlook for the U.S. economy. If the Federal Reserve feels that the outlook for the economy is weak enough to warrant additional stimulus, then the EUR/USD could make a move towards 1.35. However if the Fed is not as pessimistic as the market expects, today’s correction in the EUR/USD could turn into a deeper sell-off that challenges 1.30. Yet any losses in the EUR/USD will probably be temporary because of speculation of further stimulus would simply be pushed out to September. At the same time, Eurozone data continues to surprise to the upside, providing support to the EUR/USD. The German trade balance soared 44 percent in June from 9.8B to 14.1B thanks to a 3.8 percent increase in exports. Demand from China jumped 28.5 percent to the highest level since October 2008. Imports also rose to a record high which points to an improvement in both internal and external demand. The current account surplus also hit 12.9B in June, which was an even more dramatic increase from a surplus of only 1.8B in May. Overall, the upside surprises comes in sharp contrast to the disappointments in U.S. data, making the euro more attractive than U.S. dollars. Although this trend will change eventually because European growth usually lags the U.S. and is probably experiencing the recovery that the U.S. enjoyed earlier this year, for the time being, it should continue to help the euro. French manufacturing production and the final German consumer price figures are scheduled for release on Tuesday. These reports should have a minimal impact on the euro.
Like the euro, the British pound also gave back some of its recent gains against the U.S. dollar but only after making another run towards 1.60. For the second trading in the row, the GBP/USD came within 5 pips of the key resistance level. Whether the third time is the charm will depend upon Tuesday’s trade numbers and the U.S. monetary policy announcement. Unlike Germany, the U.K. is running a trade deficit, but the deficit is expected to shrink in the month of June. However a slowdown in manufacturing activity and lackluster export growth suggests downside risk for the trade number. House prices are also scheduled for release and recent data has shown that the recovery in housing is beginning to slow. The GBP/USD has fluctuated within a 180 pip trading range since August 3rd and is itching for a breakout. If the U.S. central bank rate decision fails to trigger the break, then perhaps Wednesday’s employment numbers or the Quarterly Inflation report from the Bank of England will do the trick. The BoE frequently uses this report to telegraph plans to change monetary policy and even though we do not anticipate any major announcements from the central bank, it will be interesting to see if they still stick to their belief that the uptick in inflation is temporary or if the debate within the central bank is growing. As the economy improves, the chance of inflationary pressures receding will decrease.  Most BoE officials believe that the austerity programs will curb growth and in turn bring down prices but some are beginning to question that notion.
Although the Australian, New Zealand and Canadian dollars weakened slightly against the greenback, the price action can be best described as unchanged. The only country that released economic data was Australia and the numbers were slightly weaker with home loans falling 3.9 percent, the value of loans falling 1.0 percent, investment lending declining by 3.6 percent and job advertisements increasing by only 1.4 percent compared to 2.8 percent the previous month. Previous rate hikes in Australian continue to cool the housing market which was one of the central bank’s main goals. In the 12 months to March 31st , house prices had surged 10 percent and now price growth has slowed significantly.  Australian employment numbers are due for release later this week and based upon the job ads report and the employment components of the PMI numbers, job growth in Australia most likely slowed in the month of July. New Zealand credit spending is also due for release tonight while Canada has housing starts and house prices on tap. Like Australia, recent rate hikes by the Bank of Canada is expected to take a toll on the housing market.
The Japanese Yen traded lower against most of the major currencies including the dollar and the euro. Last night was a big night in Japan with the Eco Watchers survey scheduled for release along with trade and current account numbers. Japan’s current surplus decreased in the month of July while the trade surplus increased. The Eco Watchers survey which measures the sentiment of regular Japanese citizens showed a less pessimistic outlook on current conditions but a more pessimistic take on future conditions. These are consequences of a stronger currency, which is something the Bank of Japan will have considered when they make their monetary policy announcement on Tuesday. The BoJ is not expected to alter interest rates but more verbal intervention is expected. Japanese Finance Minister Noda's warning last night that the government is "watching forex moves carefully" and "excessive, disorderly forex moves are undesirable and would hurt the economy."  In our special report today, we outlined the reasons why USD/JPY could break its 2009 lows , and one of those reasons is seasonality.   Since 1998, USD/JPY weakened every August except for 2006 and 2009 (see chart below). There is strong seasonality in favor of USD/JPY weakness this month is because of the reinvestment of bonus payments received on Toshin investments in July and the repatriation of Treasury coupon payments in mid August. Also, there tends to be more hedging by exporters ahead of Obon week, which is one of the most important holiday seasons in Japan.
GBP/USD: Currency in Play for Next 24 Hours
The GBP/USD will be the currency pair in play for the next 24 hours. From the United Kingdom, we expect June Trade Balance and DCLG House Price Index figures at 4:30 ET or 8:30 GMT, followed by the Conference Board’s Leading Index at 5:00 ET or 9:00 GMT. The United States is set to release Preliminary 2nd Quarter Nonfarm Productivity and Unit Labor Costs at 4:30 ET or 8:30 GMT, followed by the Federal Open Market Committee’s monetary policy announcement at 2:15 ET or 14:15 GMT.
For the 13th consecutive day, GBP/USD remains within the Buy-Zone, which we determined using Bollinger Bands. After suffering heavy losses in mid-May, the pair has been in a very strong bullish channel. Since the beginning of this month, the pair has been consolidating between the 1.5875 and 1.6000 levels. The nearest level of significant support lies at the 1.5810 level, which supported the pair back in late 2009. If this level is broken, the next support level would be at the 50.0% Fibonacci Retracement of 1.5634, drawn from the August 2009 high of 1.7042 to the May low of 1.4226. The closest level of resistance is the 61.8% Fibonacci Retracement of 1.5966, which the pair has been attempting to break for the past week. If this level is crossed, the 1.6360 level should provide further resistance as it is the point of completion for the correction to the decline from January to May.

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NYT : Business Afternoon Update. August 9th. 2010

August 09, 2010

Afternoon Business Update

Bits Blog

Google and Verizon Announce Net Neutrality Proposal

Google and Verizon held a conference call to discuss a joint proposal on net neutrality policy.

How Much Are Air Fares Up? Very Hard to Say

It's an apples and oranges comparison as travelers now pay for things they used to get free.

Wall St. Posts Moderate Gains on Corporate Reports

Economic data in the United States continues to point toward a slowdown, which has added to the importance of Tuesday's Fed meeting.

Skype Hopes for $100 Million From Initial Offering

Analysts have speculated that Skype's sale could be the biggest initial offering in the technology sector since Google went public in 2004.
Wheels Blog

Honda Recalls 384,000 Vehicles

The new recall covers some 2003 Accords and Civics as well as some 2003-4 Elements.

NASDAQ: Market Summary: August 9th., 2010


8/9/2010 4:25:00 PM ET DJ30 PointChange: +45.19 Level: 10698.75 NASDAQ PointChange: +17.22 Level: 2305.69 NQ100 PercentChange: +0.7 R2K PercentChange: +1.4 SP400 PercentChange: +1.0 SP500 PointChange: +6.15 Level: 1127.79 NASDAQ-Adv:1763 Dec: 880 NYSE-Adv:2199 Dec: 830
[BRIEFING.COM] There weren’t any catalysts for trade this session, but stocks still made their way solidly higher. Participation was paltry ahead of the FOMC rate decision, though.
Stocks spent the session in the green, but there was never really a leader among them. Instead, gains were broad and varied.
Telecom made the best move. It finished 1.1% higher, though the sector’s lack of market weight meant that its strength had little influence on overall trade.
Tech stocks, which is the largest sector by market weight, struggled in the early going, but eventually caught up with the broader market. The sector settled with a 0.5% gain, but computer giant Hewlett-Packard (HPQ 42.60, -3.70) remained near 52-week lows following news that the company’s CEO will step down amid sexual harassment claims. The ignominy of situation completely overshadowed the company’s upside guidance.

Stocks encountered some choppy price action into the close, such that the major indices finished shy of their session highs. Despite that, stocks were still able to book their best closing levels of the past month. The improvement was fractional, though. 

Trade also lacked conviction. That was made evident by the paltry 790 million shares that exchanged hands on the NYSE today. It was the lowest share count all year. 

Many point to tomorrow’s FOMC decision as a primary reason that traders opted to stay on the sidelines. The consensus is that the FOMC will keep its target interest rate in a range of 0.00% to 0.25%, but many are concerned that the Fed might change the verbiage in its directive. 

The greenback gained 0.3% against a basket of foreign currencies ahead of the FOMC decision. Most of that move came at the euro's expense, which directly dropped 0.4% against the dollar.
Advancing Sectors: Telecom (+1.1%), Consumer Discretionary (+0.9%), Energy (+0.6%), Financials (+0.6%), Industrials (+0.6%), Tech (+0.5%), Consumer Staples (+0.5%), Utilities (+0.4%), Materials (+0.4%), Health Care (+0.3%)
Declining Sectors: (None)

U.S. Stock Markets At Close Snapshot. August 9th., 2010.

U.S. Markets At Close

Market Snapshot
Index Last Change %Change  
DJIA 10,698.75 +45.19 0.42%  
Nasdaq 2,305.69 +17.22 0.75%  
S&P 500 1,128.76 +7.12 0.63%  
FOX 50 813.99 +3.54 0.44% Hilighted
DIJA Chart

ZDNET : Google, Verizon unveil proposal...August 9th., 2010

Google and Verizon today revealed a seven-point proposal - not an agreement - to help the FCC craft a broadband policy that keeps the Internet open.

IPv6: The end of the Internet as we know it (and I feel fine)
Apple to patch flaw this week
Apple is the new open source villain

THE GATA DISPATCH :Jim Rickards: Portfolio recommendations as Fed walks tightrope. August 9th., 2010

Jim Rickards: Portfolio recommendations as Fed walks tightrope

11:35a ET Monday, August 9, 2010
Dear Friend of GATA and Gold:
In an essay posted today at King World News, market strategist Jim Rickards of research and consulting firm Omnis Inc. meditates on the tightrope the Federal Reserve is walking between deflation and hyperinflation and he concludes with some investment portfolio recommendations. Rickards' commentary is headlined "Portfolio Recommendations" and you can find it at King World News here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

Join GATA here:
Toronto Resource Investment Conference
Saturday-Sunday, September 25-26, 2010
Metro Toronto Convention Center, Toronto, Ontario, Canada

The Silver Summit
Thursday-Friday, October 21-22, 2010
Davenport Hotel, Spokane, Washington

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Wednesday-Saturday, October 27-30, 2010
Hilton New Orleans Riverside Hotel

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U.S. Treasury Department Announces 2011 APEC Finance Ministers Meeting. August 9th., 2010

Press Room
U.S. Treasury Department Announces 2011 APEC Finance Ministers Meeting
August 9, 2010
U.S. Treasury Department Announces 2011 APEC Finance Ministers Meeting to be Held in Hawaii on November 10
WASHINGTON – The U.S Department of the Treasury today announced that the 2011 Asian-Pacific Economic Cooperation (APEC) Finance Ministers' Meeting will take place on November 10, 2011 in Honolulu, Hawaii.
The White House previously announced that the 2011 APEC Leaders' Meeting will take place in Honolulu November 12-13, 2011. As President Obama has said, the United States is a Pacific nation whose economic ties to the Asia-Pacific region are strong, enduring, and critical to the prosperity of the American people.

The United States will use the opportunity of chairing APEC in 2011 to highlight the vast potential the Asia-Pacific region holds for American companies and workers, to help shape the future of Asia-Pacific's regional architecture, and to promote APEC's core mission of spurring mutually beneficial regional economic integration.

Additional details on logistics for the meeting will be released at a later date.

MarketWatch - Industry - Financial Services. August 9th., 209


Hedge Funds: Hedge funds have second-best month of 2010 in July  
By Alistair Barr MarketWatch

The hedge fund industry has second-best month of 2010 in July, but managers lag a strong rebound in equity markets.

Slide show: Scandal fells latest CEO in H-P's Hurd

From Kozlowski to Scrushy and Browne to Hayward, the corporate world's executive suite is no stranger to scandalous departures. 

FOX BUSINESS NEWS : Breaking News.- Markets cling to green

05 2010 Traders 01 276
Markets Cling to GreenMarkets posted modest gains as Wall Street looks ahead to Tuesday's Fed meeting.

The Ethics of Taxation

Is the World Broke? FNC contributor Father Morris on whether it's moral to tax 50% of anyone's earnings

Pelosi to Congress: Come on Back

WATCH The speaker of the House is calling lawmakers back from summer recess to vote on what is being called a bailout for states.

Accuser of Ex-HP CEO Steps Forward

The female contractor came forward on Sunday, saying she never intended for Hurd to lose his job.

Keeping Passion in Tough Times

Building a successful career will require separating yourself from the growing herd of job seekers desperate to get back in the game.

NYT: FGC BOLSA - FGC FINANCIAL MARKETS ALERTS. Accounts and People of Note in the Ad Ijndustry. August 9th., 2010

The New York Times

August 9, 2010

My Alerts


August 9, 2010 Compiled: 2:18 PM


The board of governors of the Academy of Television Arts and Sciences, will present Governors Awards to the Advertising Council, New York, and Norman Brokaw, chairman emeritus of WME.


Forbes:Financial.-: Billionaire Leon Cooperman: 'I Got Bad Tax Advice'. August 9th., 2010

Billionaire Leon Cooperman: 'I Got Bad Tax Advice'
William P. Barrett
Hedge fund manager claims bad advice on $43 million in charitable deductions.

The Most Trustworthy Companies
Neil Weinberg
Audit Integrity ranks firms with the most transparent accounting and prudent management.
How To Handle Aging Parents' Pets
Carolyn L. Rosenblatt
You can't buy unconditional love at a pharmacy, so don't expect Mom or Dad to give up Fifi or Fido.
Ten Things To Know About Fighting An IRS Bill
Robert W. Wood
If you get a notice from the IRS, read it carefully and respond promptly. Deadlines matter.
Farmers Twitter Lucrative Tips To Commodity Traders
Emily Lambert
News on latest crop conditions yields big followings in tiny towns.

CFTC : Press Releases.- August 9th., 2010

The following General press release has been published:
See the CFTC Press Room for the latest news and events or Press Room Archives for previous releases.

Real Clear Politics : August 9th., 2010

Real Clear Politics Monday

Fairness and the Capital Tax Fetish - Glenn Hubbard, Wall Street Journal
Soak the Very, Very Rich - James Surowiecki, The New Yorker
Robbing 'Rich' Wrecks Economy - Ralph Reiland, Pittsburgh Tribune-Review
Without Tax Hike, America Goes Dark - Paul Krugman, New York Times
The Parent Trap - Robert Samuelson, Newsweek
Vietnam Deja Vu Grows as Afghan Policy Sputters - Al Hunt, Bloomberg
How Does Obama Measure Up? - Fred Barnes, Weekly Standard
GOP Now a Party of Obama-Hating Crackpots - Mike Lupica, NY Daily News
'Wal-Mart Moms' Feeling Angst and Outrage - Penny Nance, USA Today
The Voters' Blinding Hatred of Harry Reid - Jon Ralston, Las Vegas Sun
Republicans' 'What Now?' Challenge - Michael Barone, DC Examiner
Senator Dodd and the Politics of Joy - E.J. Dionne, Washington Post
Is the Senate Really Such a Mess? - Jill Lawrence, Politics Daily
Mosque Tests Limits of American Tolerance - Lisa Miller, Newsweek
A Strange Way to Promote 'Understanding' - George Jonas, National Post
Ahmadinejad, Nukes & Greens - Jon Lee Anderson, The New Yorker
Michelle Obama's PR Disaster - Kirsten Powers, New York Post
Tuesday Primaries: CO Sen, Gov | CT Sen, Gov | MN Gov | GA Gov Runoff


National Debt is Key 2010 Campaign Issue - Washington Examiner
DC's Inadequate Response to the Economic Slowdown - New York Times
Medicare's Chief Actuary vs. Obama on the Facts - Wall Street Journal
Don't Tamper With the 14th Amendment - Kansas City Star