 | Charlie Hall's New Book, Udall and Bartlett on the NPC Report, and a New FAQ | The Oil Drum | DrumBeat: July 30, 2007 |  |
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Lest We Forget - Intelligence Czar Can Waive SEC Rules
http://www.businessweek.com/bwdaily/dnflash/may2006/nf20060523_2210.htm?...
Presidential Memorandum of May 5, 2006
http://a257.g.akamaitech.net/7/257/2422/01jan20061800/edocket.access.gpo...
Title 15 U.S.C.> Chapter 2B > 78m
http://www4.law.cornell.edu/uscode/html/uscode15/usc_sec_15_00000078---m...
See (3)(A) and (2)
Could this apply to banks hit hard by sub-prime loans?
Any other sectors(i.e, Oil, Energy) that might 'hurt the economy'?
How can you trust your investments aren't based on bogus numbers?
How can you trust you'll hear any 'really bad news' that might be out there, before it's too late?
Doesn't this leave "those whom they are no longer required to tell" set up to lose their shirts?
Fear of continued falls in world markets for Monday.
http://news.bbc.co.uk/2/hi/business/6921253.stm
Stocks Plumet on Open in Australia
http://www.news.com.au/dailytelegraph/story/0,22049,22155513-5001024,00....
Asian Markets Extend Losses
http://asia.news.yahoo.com/070730/3/35jkf.html
Squawk Box on CNBC
Playing Christopher Cross Sailing while an announcer with a soothing voice tells you to sit back relax and take a pill as we sail towards the opening bell. Too Funny.
Iran Rejects OPEC Output Hike
http://www.khaleejtimes.com/DisplayArticleNew.asp?xfile=data/business/20...
They know the score. They are unwilling to increase production just so other nations can add to their reserves.
What they appear to be aiming for is just enough production to meet current consumption. Don't know if that is attainable, as some will suffer demand destruction as other nations outbid them to grow reserves.