Joined Nov 11, 2007
31,929 Blog Posts

IMF Chief Legarde: “Without an urgent recapitalization, we could easily see the further spread of economic weakness”

she continues with “even a debilitating liquidity crisis.”

In other news trichet has yet to take off his tin foil hat by saying he dismissed any idea that Europe could face a liquidity shortage.

I say hold your nose for a dive next week…although there is a chance of seeing 1220 S&P b4 the dive.

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