Greece is in talks with creditors to bargain for a 75% haircut.
Banks were looking for a 40% haircut.
If they succeed then there will be larger write downs for banks to come…
Reported by Reuters
Comments »Greece is in talks with creditors to bargain for a 75% haircut.
Banks were looking for a 40% haircut.
If they succeed then there will be larger write downs for banks to come…
Reported by Reuters
Comments »Some say yes while others say no. Then there are those who say gmdgsdkghnsfgkjdfnblbkndlkgnmdslkvmro-5tk4tmgo5kigm499y04967609$T%#$@ ER R Y% H^^Y%UIUUWYT$WYEU^IU^&I.
Comments »Laugh all you like, but is it not prudent to prepare for the worst while hoping for the best ?
Comments »This makes us very different from those Japan comparisons given their debacle occurred during a global credit expansion period.
Comments »The doom predicted in Europe for Thanksgiving is now on hold until February 2012 as newly reformed governments in Europe provide hope and possible relief.
Not sure what kind of relief given yields spikes.
Comments »Despite fine print retailers have been waiting for this opportunity to capitalize on a $450 billion a year market.
Comments »DOW up 92
NASDAQ up 16
S&P up 9
Gold unchanged, WTI up $1.05, Greenback selling off slightly, banks lead the DOW
Comments »Fuck your relative humidity theory
[youtube://http://www.youtube.com/watch?v=IK-nVzp5NbE 450 300] Comments »For unknown reasons a man went crazy trying to shoot children playing in the street. A stray bullet hit an elderly lady in the arm while cooking in her kitchen.
Comments »Keep on protesting…..and don’t let your cause become a new voter base for either side of the aisle. Demand term limits.
Comments »Enjoy the crowds of broke people buying shit they don’t need. “Were not broke Cronks….we got credit.”
Consumerism……
Comments »Only NY can have shit for sale fly off the shelf ! We can sell ice to Eskimos and air to anyone that breathes.
Comments »Upgrades
CVG – CGGVeritas initiated with a Hold at Collins Stewart
MBT – Mobile TeleSystems upgraded to Buy from Neutral at UBS
Downgrades
CRIC – China Real Estate Info downgraded to Market Perform from Outperform at William Blair
POZN – POZEN target lowered to $7 at Brean Murray
VIP – VimpelCom downgraded to Neutral from Buy at UBS
Comments »Gapping up
POZN +43%, TSPT +5.6%, YHOO +0.8%, BEXP +0.2%
Gapping down
AEG -3.1%, ARMH -2.5%, ASML -2.0%, T -0.7%
Comments »