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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (11703)5/15/1998 1:19:00 PM
From: long-gone  Respond to of 116837
 
Russian banking problems
BANKER FINED FOR REFUSING TO DISCLOSE CONFIDENTIAL INFORMATION
A city court in Vladivostok has fined Valentina Panteleeva, the acting head of the Primorskii Krai branch of the Central Bank, for refusing to reveal confidential information about a local commercial bank, "Kommersant-Daily" reported on 12 May. Panteleeva refused to comply with a request from krai prosecutors to send information obtained during a Central Bank audit of the commercial bank. The case highlights the contradictions between the federal law on the activities of Russian prosecutors (which gives prosecutors the right to demand information necessary for conducting an investigation) and the federal law on banking secrets (which does not list the prosecutor's office among the agencies that have the right to ask for confidential information about banks). LB
rferl.org



To: Jim McMannis who wrote (11703)5/15/1998 1:33:00 PM
From: IngotWeTrust  Respond to of 116837
 
Guess that beats wearing a Pampers "armband"



To: Jim McMannis who wrote (11703)5/15/1998 7:23:00 PM
From: PaulM  Respond to of 116837
 
"most of the heavy buying took place out of Singapore...Hong Kong as rioting increased"

crbindex.com

I like "the flight to bullion" interpretation best. The Asian crisis is what drew my attention to gold in the first place. And I see it getting much worse before it gets much better.


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