By C. Powell Dear Friend of GATA and Gold: The Wall Street Journal this evening updated and corrected its report about the gold swaps undertaken

By James Kanter After decades of pushing nations to surrender more power to Brussels, the European Union is about to throw in the towel on

By Jesse These swaps have significance because of the speculation that the public sale of gold by the IMF, which was secretive and selective, was

By Jessica Resnick-Ault and Katarzyna Klimasinska BP Plc is likely to intercept its Gulf of Mexico gusher this month, ahead of schedule, kicking off a

Continue reading Meredith Whitney: The Rebound In Consumer Spending Is Just The Result Of People Not Paying Their Mortgages

Dear Jim, Allow me to chime in here and bolster your comments to CIGA Arlen. First and foremost, what your readers need to understand is

By Michael Powell Even by the standards of this deficit-ridden state, Illinois’s comptroller, Daniel W. Hynes, faces an ugly balance sheet. Precisely how ugly becomes

YouTube I am flying to London this week; returning early next week. This Friday, I will join wonderful clients and friends to see Nick’s Stafford’s

View Larger Chart Continue reading BP Financial Limbo Dance

By David Kocieniewski When the Deepwater Horizon drilling platform set off the worst oil spill at sea in American history, it was flying the flag

By Clifford J. Levy On the edge of this Siberian village is a resort with a veiled guest list and armed guards at the front

By Janet Lorin As much as higher education and corporate America would like to be engaged, college presidents are struggling to reconcile the demands and

View Larger Chart Continue reading The Bigger And Bigger Picture

BP Plc is seeking a strategic investor to secure its independence in the face of any takeover attempts as it struggles with a devastating oil

“In a global economy when you lower the cost of capital and rig resources for insiders, a severe misallocation of capital results. This has been

Michael Fields Agricultural Institute, a nonprofit agricultural service provider, is looking for a new director. The Institute seeks a leader who has the skills and

By Zach Carter Today, Goldman Sachs sent its second-highest-ranking officer to Washington, D.C. to tell the Financial Crisis Inquiry Commission that his company is staffed

By: CNBC.com Goldman Sachs’ testimony before the Financial Crisis Inquiry Commission Thursday spurred skepticism and frustration among commission members when the investment bank claimed it

By Vincent Fernando, CFA and Kamelia Angelova Continue reading Russia Is On A Crazy Gold Binge

Wireless technology: It is already possible to send electricity without wires. Can devices be powered using ambient radiation from existing broadcasts? YouTube Continue reading Power

By Michael A. Fletcher The recession has directly hit more than half of the nation’s working adults, pushing them into unemployment, pay cuts, reduced hours

By Louise Story and Gretchen Morgenson At the end of the American International Group’s annual meeting last month, a shareholder approached the microphone with a

By Mike Stobbe About a quarter of the swine flu vaccine produced for the U.S. public has expired — meaning that a whopping 40 million

By Tyler Durden View Larger Chart Continue reading Explaining Derivatives, And Goldman’s Dominance Thereof, In Four Simple Charts

The Financial Crisis Inquiry Commission wrapped up their first day of testimony on the “The Role of Derivatives in the Financial Crisis.” Today’s hearing had

By Caroline Salas Federal Reserve Chairman Ben S. Bernanke and then-New York Fed President Timothy Geithner told senators on April 3, 2008, that the tens

Friends, The House is expected to vote on final passage of the financial reform bill this evening. I will vote no. This bill represents a

By Joe Mysak A South Carolina toll road’s Chapter 9 filing last week is just the third municipal bankruptcy this year, suggesting that states and

View larger chart. . .

While President Obama insists that the federal government is firmly in control of the response to BP’s spill in the Gulf, people in coastal communities

By: John Laughland Throughout the history of European integration, its supporters have often used transport metaphors to sell their project. In the 1960s, Europe was

By Jennifer Ouellette Take that, Fermilab! This seems to be the underlying message of yesterday’s BBC News article announcing that CERN’s Large Hadron Collider (LHC)

By Gregory White and Kamelia Angelova Continue reading The Sovereign Debt Crisis Snuck Up On Us Out Of Nowhere

The Federal Aviation Administration (FAA) has granted initial approval for a “roadable aircraft” known as the Transition. The flying car – which is manufactured by

By Richard Teitelbaum Greg Palm, Goldman Sachs Group Inc. general counsel, took a call in his 37th-floor office at One New York Plaza on Dec.

U.S. Commodity Futures Trading Commission (CFTC) Chairman Gary Gensler appears to be on verge of achieving a big victory in his battle to impose stricter

By Fidel Castro When I was writing one of my previous reflections, as a disaster for humanity was rapidly approaching, my greatest concern was to

YouTube Continue reading When Giants Fall Related reading: US Imposes New Sanctions Targeting Iran’s Energy And Financial Sectors The Economic Times (26 June 10) Catherine

By Michael Snyder Are you sure that you want to help clean up the oil spill in the Gulf of Mexico?  In a previous article

By Kari Goodnough – Devastating Beauty – June 2010 “Oil off the Coast of Alabama” Since shortly after oil began spewing into the Gulf of

A leading Mexican gubernatorial candidate was killed early Monday in a state bordering Texas, in the highest-level assassination of a politician here since President Felipe

By Alexa Olesen China, Taiwan sign trade deal further linking their economies 6 decades since split A historic trade deal between China and Taiwan will

By Poornima Gupta Electric carmaker Tesla Motors Inc(TSLA.O) priced shares in its initial public offering above the expected range on Monday, according to a market

Continue reading Transcript

By Dean Baker New York Times columnist Thomas Friedman is well known for pretentious columns that consist of letters that he suggests some prominent person

[click on the image for a larger version] Continue reading the article . . . Related reading: Wikipedia: SLM Corporation Website: SallieMae

By Rachelle Younglai and Kevin Drawbaugh U.S. Democrats on Tuesday went back to the drawing board as they considered stripping out a controversial tax from

YouTube

YouTube YouTube

By Alan Abelson The bulls are ignoring the economic realities. Some Good Samaritan—or if there wasn’t one handy (they’re pretty scarce in Afghanistan), just about

Justices rebuff Chicago, which defended ban as reasonable exercise of local power The Supreme Court held Monday that Americans have the right to own a

By C. Powell Russian spies in the United States whose arrest was announced Monday last year conveyed information about the gold market that the Russian

By Doug Alexander The Group of 20 countries said banks need to raise capital “significantly higher” in order to avoid a repeat of the global

By Christine Harper Legislation to overhaul financial regulation will help curb risk-taking and boost capital buffers. What it won’t do is fundamentally reshape Wall Street’s

View Larger Chart Continue reading Indebtedness After The Financial Crisis

A living history is a history that turns the pupil from student to player. To rise from the level of pupil to player requires looking

By C. Powell Thanks to our friend W.G. for pointing out a fascinating article written for Harper’s magazine in November 1983 about the Bank for

Click to view video A look at successful Mormon business leaders, with CNBC’s Erin Burnett. Continue reading Mormon Mission Biz

By Andrew Pollack The Food and Drug Administration is seriously considering whether to approve the first genetically engineered animal that people would eat — salmon

As always, there are lessons to be learned in even the most negative situations, and here are nine lessons from this one. 1. An event

By Gregory White and Kamelia Angelova View Larger Chart Continue reading We’re Not The First Empire To Have A Serious Currency Problem

By C. Powell Because of recent inquiries to GATA about the possibility of an attempt by the U.S. Government to confiscate privately held gold and

By Tyler Durden As we reported on Friday, a critical bill that was unable to pass this past week was the extension of unemployment benefits