Reposted from ML-Implode.com with publisher’s permission. Via Bloomberg (snarky remarks from us at bottom) — The European Central Bank‘s balance sheet soared to a record 2.73 trillion euros ($3.55 trillion) after it lent financial institutions more money last week to keep credit flowing to the economy during the debt crisis. Lending to euro-area banks jumped 214…
Tag Archive for Lol
Bears Chat, Best of the Forums, Must Read
EU’s Juncker tells Cameron ‘don’t block summit deal’
by Bears Chat at The Wall Street Examiner • • 0 Comments
This from the man who’s most famous quote is “When it becomes serious, you have to lie” LOL
Mr Juncker, who chairs meetings of finance ministers from the euro zone, said in a radio interview: “I don’t want the United Kingdom setting aside entire pag…
Charts and Trading, Pretzel Logic E Wave Analysis and Market Commentary
Some of Pretzel’s Unique Real-Life Experiences
by Pretzel Logic • • 0 Comments
This was at the request of a reader. At several points in my life, I have started, and then never finished, various books. This one contains some accounts of my somewhat unusual childhood life experiences. At some point…
Bears Chat, Best of the Forums
The mother of all recessions?
by Bears Chat at The Wall Street Examiner • • 0 Comments
Wow, one gander at the jobs chart below, courtesy of Calculated Risk Blog, and it’s little wonder that the Thugs in Charge and the Fed Pigmen Politburo are in a panic.
Needless to say, this recession (none DARE use the term “depression” anymore!!!), i…
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Gaping refi hole
by Bears Chat at The Wall Street Examiner • • 0 Comments
Bernanke has told his right hand man not to bother him if it’s under a trillion LOL
http://www.reuters.com/article/2011/08/24/banks-funding-government-guarantees-
idUSL5E7JN1Z220110824
Bears Chat, Best of the Forums
And when in doubt, trot Warren Buffet out
by Bears Chat at The Wall Street Examiner • • 0 Comments
All stock shorters of Bank of America take heed. For, according to the WSJ blog, here:
http://blogs.wsj.com/marketbeat/2011/08/25/bank-of-america-shares-jump-on-buffett-
investment/
Warren Buffett is piling into BAC stock. LOL, and it was just two da…
Bears Chat, Best of the Forums
Hmmm, should I pile into Greek 2-year Treasuries?
by Bears Chat at The Wall Street Examiner • • 0 Comments
Heh, as reported here:
http://www.independent.ie/business/european/greek-twoyear-yields-rise-over-worries-
of-delay-in-new-bailout-2857078.html
…Greek 2-year Treasuries are yielding a whopping, eye-popping:
FORTY-FOUR PERCENT!!!
…tempting even …
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Dick Bove likes Bank of America
by Bears Chat at The Wall Street Examiner • • 0 Comments
Dick Bove, renowned banking analyst, is back again, touting the “strength” of Bank of America’s balance sheet, as reported here:
http://www.bloomberg.com/news/2011-08-23/bofa-has-no-reason-whatsoever-to-raise-
capital-as-stock-falls-bove-says.html
Yo…
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Well, we’re almost to the point where we have to PAY Uncle Thug to lend him money
by Bears Chat at The Wall Street Examiner • • 0 Comments
I never thought I’d live to see the day that, after racking up:
FIFTEEN TRILLION DOLLARS OF DEBT
…people would be piling into 4-week T-bills and accepting ZERO interest.
But here we are.
Look for yourself:
http://www.treasurydirect.gov/instit/an…
Bears Chat, Best of the Forums
"Bonnie Mae"–aka "Bank(rupt) of America–is in trouble
by Bears Chat at The Wall Street Examiner • • 0 Comments
Man, if there is one “canary in the coal mine” to watch, it’s “Bonnie Mae”. (Note: If have dubbed Bank(rupt) of America “Bonnie Mae” because I’m convinced that Uncle Thug is gonna have to take her over and turn her into a “banking GSE”, similar to the …
