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Delaying The Restructuring of Greek Debt Helped the Banks and Shifted Onerous Onto Taxpayers

By CRONKITE – Thu Mar 15, 2012 7:28am – No Comments

Fun times for the people while the banks get all the stops pulled out for them….

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Recent Comments

Po Pimp (17 hours ago) The next time this dipshit is right about anything will probably be the first time. [...]

Mr. Cain Thaler (21 hours ago) I mean, if you just keep saying "it'll be by the 3Q of this year", eventually you'll be right [...]

CRONKITE (11 days ago) I'll wager on trying to understand, but ignoring for what they believe is the greater good for now. [...]

Mr. Cain Thaler (15 days ago) Ugh, the whole premise of that was since the Fed (themselves) are buying the shit out of bonds, that somehow makes stocks cheaper / safer by [...]

CRONKITE (15 days ago) indeud! We have a right to know... [...]

Po Pimp (15 days ago) E&Y uncovers all this fraud in their survey, but how many financial statements have they refused to sign off on? Inquiring minds want t [...]

CRONKITE (17 days ago) it was a great slide show and it is a wonder we have come this far. perception is everything, but all that downward force will have to rever [...]

drummerboy (17 days ago) great article.this is what i was trying to explain to Bullish,on scott bleirs' thread the other day.this is more of a thorough explanation o [...]

CRONKITE (20 days ago) if u say so.... dare i say we go the other way [...]

Po Pimp (21 days ago) Cool. With the slack asses coming out of school now we will be at 0% unemployment in no time. [...]
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Major US	US Futures	Europe	Asia	Commodities	2yr Euro Yields	10yr Euro Yields	Oil
DOW 15,294.50 -0.08% NASDAQ 3,459.42 -0.11% S&P 500 1,650.51 -0.29% VIX 14.07 1.81%	SPX 500 (CFD) 1,646.60 -0.24% DOW (CFD) 15,273.00 -0.14% NASDAQ 100 2,985.70 -0.19% EURUSD 1.296 0.20%	UK 6,651.80 -0.67% GERMANY 8,299.30 -0.63% FRANCE 3,970.30 0.08% SPAIN 8,316.50 -0.32%	H. KONG 22,618.70 -0.23% JAPAN 14,568.00 0.58% KOREA 1,973.45 0.22% SHANGHAI 2,288.53 0.57%	NAT GAS 4.29 0.70% GOLD 1,385.20 -0.47% SILVER 22.50 0.00% COPPER 3.30 -0.05%	FRANCE 2YR 0.19 -10.90% GERMAN 2YR 0.00 -120.00% ITALIAN 2YR 2.18 27.59% SPAIN 2YR 2.81 8.21%	FRANCE 10YR 1.94 2.16% GERMAN 10YR 1.43 -1.18% ITALIAN 10YR 4.06 0.84% SPAIN 10YR 4.32 0.54%	WTI 93.87 -0.40% BRENT 102.23 -0.21% WTI/BRENT 8.36 321 CR SPR 21.96 10.04%