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Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST

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To: PaulM who wrote (8112)3/7/1998 2:00:00 AM
From: Abner Hosmer  Read Replies (2) of 116764
 
Paul -

Great link you posted. Really points out how rotten the consequences of non-disclosure can be, and who winds up paying for it. There's some haggling in Congress on a related issue, disclosure at the IMF. I'd like to hear a good reason why this has not been required in the past. Whose freakin' money do they think they are spending, anyway?:

biz.yahoo.com
>>Saxton's proposal would require the IMF to disclose the minutes of its meetings and to release loan documents and related staff studies and analyses.

It would require the IMF to stop subsidizing its loans. Future IMF loan interest rates would be set at market rates. If these reforms were not implemented, future U.S. funding for the IMF would be suspended.<<
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