Frontrunning: October 13
Courtesy of Tyler Durden
- Goldman cut to “neutral” by Whitney (Bloomberg)
- Excess liquidity, plunging dollar now swiftly taking Gold into stratosphere – AU at new record (Bloomberg) – is the currency crisis finally upon us?
- Lloyd Blankfein redefines irony: To avoid crises, we need transparency (FT)
- John Crudele digs through more Goldman phone conversations: Somebody in Congress need to look into this (Post)
- CIT’s CEO Peek to resign at year end, as company likely prepares for bankruptcy filing (AP)
- CIT debt swap struggles, bankruptcy looms (Reuters)
- Bankers will follow hedge funds to Switzerland (Bloomberg)
- Darrell Issa: Mozilo’s friends on the Hill (Washington Times)
- Macau eyes curbs on its booming gambling industry; good timing for that WYNN share offering (AP)
- German investor sentiment slips (FT)
- Debt and the dollar’s demise: a compendium of concerns (FT Alphaville)
- JPMorgan tries to calm fears over UK (FT)
- Investing in a weak-dollar global economy (Cumberland)
- Treasuries rally on Fed speculation (Bloomberg)
- Third of staff at RBS Coutts Singapore quits over lack of bonus prospects (FT)
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