Here are today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day...
Read More »
Radio Free Wall Street
Posts Tagged ‘ Bailout ’
Hedge Funds the Winners if Greek Bailout Arrives
January 10, 2012
Hedge Funds the Winners if Greek Bailout Arrives
By LANDON THOMAS Jr.
LONDON — Could Greece’s next rescue payout go straight into the pockets of London hedge funds?
That, more or less, is the bet that a growing number of inves...
Read More »
The Next Head of the SNB – Thomas J. Jordan
Mr. Jordan is my guess as the next head of the Swiss National Bank. He’s been at the SNB since 1997. He moved up from the economics department and is now the Vice Chairman.
Mr. J is well qualified. This link to his CV shows that he is an academic at...
Read More »
On FX
On October 25 I wrote about what, at the time, looked like an overvalued EURUSD (it was 1.3950). Zero Hedge had an article attributing the strength to ongoing capital repatriation by EU (primarily French) banks. My words:
As long as there is Euro repa...
Read More »
A Thinly Veiled Bail
A Thinly Veiled Bail By Ilene at Phil's Stock World, with Lee Adler of the Wall Street Examiner (many thanks to Lee!) The ECB is borrowing U.S. Dollars from the Fed to bailout European banks. And that is in addition to the Long Term Refinancing Operation (LTRO). However, the "borrowing"...
Read More »
Keith Fitz-Gerald: Why Europe’s Latest Bailout Won’t Work
Money Morning Chief Investment Strategist Keith Fitz-Gerald appeared on Fox Business Network's Varney & Co. today (Wednesday). In case you missed it, here's what he had to say about the latest European bailout a...
Read More »
What today’s Massive ECB Liquidity Operation Really Means
Early today 523 banks requested an unprecedented €489 billion ($640 billion) in super-cheap funding from the European Central Bank.
But the massive lending operation has garnered only a tepid response from markets, with short-term government bond y...
Read More »
President Obama’s view of fraud “from 40,000 feet” (without an oxygen mask)
By William K. Black(Cross-posted from Benzinga)Sixty Minutes’ December 11, 2011interview of President Obama included the following gem:KROFT: One of the things that surprised me the mostabout this poll is that 42%, when asked who your policies favor ...
Read More »
Did the ECB Pull Off a Back-Door Bailout that’ll End the Crisis?
Yields on short-term peripheral sovereign bonds are plunging, despite the fact that EU leaders appeared to make little progress at their highly-anticipated summit last week.
Pundits continue to expound on the flaws of the eurozone but markets are tel...
Read More »
12K battle rages on
Bulls still buying dips like mad,they are sure of the next bailout.....
Read More »
TGI Fixed Again – The Rube Goldberg Solution
TGI Fixed Again - The Rube Goldberg Solution Courtesy of Phil of Phil's Stock World Europe is FIXED (again)! While we are, of course, thrilled (again) - the final solution that Germany has come up with this time for some reason reminds me of a Rube Goldberg machine - with...
Read More »
EU leaders drop demands for investor writeoffs…
Bloomberg
Un-Fing-believable... These guys just never lose, never pay for their crimes and risky wagers, and never do a damned productive thing.
Excerpt:
“As regards private-sector involvement, we have made a major change in our doctrine: from no...
Read More »
When Things Fall Apart: Disorientation, Desperation, Chaos
The global "shadow" banking system is unraveling, with dire consequences for financial assets and failed policies.We're not used to things falling apart, and so our first reaction is disorientation. What we've been trained to expect by constant interve...
Read More »
The Dearth of Safe Banking Collateral
A chart that few are looking at, explains the concept of the dearth or shrinkage of so called safe collateral in the Euro and USD. The reason is that the Fed and other central banks hold much of it, or it is now encumbered via direct bilateral funding agreements or by sitting at the central bank drawing...
Read More »
The Debt Walkers Strike Back
Ilargi: It's very simple, but maybe that's the problem. For all I know it's just too simple for people to see.
There's a group of people, and it's tempting to call them the 1%, but they’re not really, since there’s politicians in there too who ...
Read More »
Bailout Bandits: The Biggest Borrowers From the U.S. Federal Reserve
The Eurozone debt crisis has replaced the U.S. financial crisis as the disaster du jour. But make no mistake: U.S. taxpayers will be paying the tab for the U.S. crisis for years.
That's evidently not true of the banking sector, however, whose massive financial-crisis windfall is just now coming...
Read More »
Stocks Go Nowhere and Europe Slips Deeper into Chaos
On the bright side, stocks could've done a whole lot worse given the persistent deterioration in Europe. First, the scoreboard:
Dow: -25.6 pts, -0.2%
S&P 500: -3.1 pts, -0.3%
NASDAQ: -18.5 pts, -0.8%
And now, the top stories:
After being closed f...
Read More »
Welcome To Austerityville
PONTIAC, Mich.—To get to city hall, you drive up I-75, past the empty Silverdome where the Detroit Lions used to play, and into a nondescript concrete municipal building. The city clerk was laid off a few days ago, but the door to her office hangs...
Read More »
Woman Jailed for Food Stamp Fraud, Wall Street Fraudsters Get Bailouts
Had a quick piece of news I wanted to call attention to, in light of the recent developments at Zuccotti Park. For all of those who say the protesters have it wrong, and don’t really have a cause worth causing public unrest over, consider this ...
Read More »
Key Lesson From Iceland Crisis Is "Let Banks Fail"
Three years after Iceland's banks collapsed and the country teetered on the brink, its economy is recovering, proof that governments should let failing lenders go bust and protect taxpayers, analysts say.
The North Atlantic island saw its three b...
Read More »
65% Chance of Banking Crisis by End November: Think Tank
65% Chance of Banking Crisis by End November: Think Tank
Published: Wednesday, 9 Nov 2011 | 6:48 AM ET Text Size
By: Patrick Allen
There is a 65 percent chance of a banking crisis between November 23-26 following a Greek default and a run on the Ita...
Read More »
Stalling German Economy Will Throw Gasoline on Eurozone Debt Fire
Germany's economy is slowing dramatically, an unwelcome turn of events that will put even more strain on existing fractures in the European Union (EU) as it struggles to cope with its ongoing sovereign debt crisis.
Last month a consortium of eight leading economic institutes slashed their forecast for...
Read More »
Too Big To Jail
Can we all agree that a $1 billion swindle represents a lot of money, and the fact that Citigroup agreed last week to pay a $285 million fine to settle SEC charges for “misleading investors” demonstrates a damning admission of culpability?
...
Read More »
Analysis: Wild market may send investors home early in 2011
Analysis: Wild market may send investors home early in 2011
On Tuesday November 1, 2011, 4:56 pm
By Steven C. Johnson
NEW YORK (Reuters) - So much for euphoria.
Having soared just days ago on a pledge by European leaders to prop up euro zone banks a...
Read More »
Wall St spirals lower after Greek referendum call
..Wall St spirals lower after Greek referendum call
By Rodrigo Campos | Reuters – 1 hr 17 mins ago
NEW YORK (Reuters) - Stocks tumbled about 2 percent on Tuesday after the deal to rescue Greece and prevent a wider sovereign debt crisis was thrown in...
Read More »
What The European Bailout Boils Down To
Russ Winter of Winter Watch, Aaron Krowne of ML-Implode.com, and the Wall Street Examiner’s Lee Adler discuss the implications of the European bailout, the likely targets for stocks, and the implications of the bond market collapse. Lee reviews the signs that the housing market won’t get much worse, but why that’s not good news...
Read More »
Eurozone wins respite, but it could be brief
Eurozone wins respite, but it could be brief
David Mchugh, AP Business Writer, On Thursday October 27, 2011, 2:45 pm
FRANKFURT, Germany (AP) -- With their late-night deal to cut Greece's debt and support other wobbly countries, European leaders bough...
Read More »
Bank’s Collapse in Europe Points to Global Risks
October 22, 2011
Bank’s Collapse in Europe Points to Global Risks
By GRETCHEN MORGENSON and LOUISE STORY
As Europe’s debt crisis has deepened, a recurring question is how much risk it poses to the United States economy, and especially American ban...
Read More »
Copyright © 2012 The Wall Street Examiner. All Rights Reserved.
Magazine Premium created by Themes by bavotasan.com.
Magazine Premium created by Themes by bavotasan.com.
Recent Comments