iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
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MILITARY COUP UNDERWAY IN TURKEY

The Istanbul Ataturk International Airport is taken over by the military. Flights have been halted.

A statement out of the government suggests something is awry and it doesn’t look good for the Erdogan clan.

“Some people illegally undertook an illegal action outside of the chain of command,” Prime Minister Binali Yildirim said in comments broadcast on NTV, a private television channel. “The government elected by the people remains in charge. This government will only go when the people say so.”

Gunshots and low flying jets have been reported throughout the capital.

UPDATE: Turkey’s military has claimed the coup was successful and they’re in control of the country.

UPDATE: Turkey’s military said they took “control over Turkey to revive human rights & implement the law”

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5 comments

  1. peso trader

    News comes out right after the market close, you can’t make this stuff up…Bonds rallying, stocks falling

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  2. tradercaddy

    I was wondering why gold was moving in the AH.
    I guess the military finally had enough of the movement towards Shariah Law.

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  3. awanka

    Hot damn! There’s nothing like a good coup to get the juices flowing.

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    • tradercaddy

      Yes, a Friday coup is always pretty exciting (don’t want to give Obama any November ideas, though).
      Maybe, I will do one next Friday of our Homeowner’s Association, take over the common areas, put up tiki bars on same along with pink flamingos.

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      • boyaj

        Caddy, +1 on the homeowner’s association comment. If you do, please record it and upload it to YouTube.

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