Daily Archives: June 28, 2012

Euro Disaster

TRILLION$ AS POCKET CHANGE From December  2011 to April 2012, the Dollar Swap Facility released $3.2 trillion for  European bank aid. It accomplished nothing, since their banks are a field of Greek-like  ruins still. The money went into the LTRO … Continue reading

| Tagged , , , , ,

Why the global political class lies in fear of the LIBOR scandal?

 By John Ward at the slog reports: A couple of Torygraph journalists were exchanging tweets this morning about Bob Diamond’s cockup being “only the start” of the LIBOR scandal. It could well be that the time has come for some noisy … Continue reading

| Tagged , , , , , , ,

The Most Important Meeting in the World … Again

 By Staff at the daily Bell The Fate of the Global Financial System Hangs in the Balance … Critical meetings are taking place today and tomorrow which may decide the fate of the EU.  With that as the backdrop, today … Continue reading

| Tagged , | 1 Comment