Interesting article....guess more Lays Offs are in the anvil for the
American citizens.

Coming US Elections is going to be a very interesting one for the American Economy as well as the World's Economy.

Vanessa
http://startnextweek.com/courselistings/searchresults.htm/Keywords-finance

perculiar..not much to react with your destractions
so i will put up my comment for your comment

what ya think mate
about the greek weeding..[of debt]
see how the banks have A_GREED..to 'take a haircut'..on it
[with me sop far?]

ok so that means the greek tradedy...has halved its debt
[to 100 BILLION euro]..and guess what..the bankers get a recapitalisation [promise..lol]..to recapitalise them for 100 BILLION
hal;f way through 2012

in short they arnt getting a haircut
we are..[we the mugs that 'recapitalise'..the bankers]

clever stuff aint it
too clever by half

ok thats greece fixed and the peons shafted
and next we face italy..spain..ire=land..and port=ugall

the other clever babnkerwank..is they are going
to put up a bailout fund/bank...to leverage...
a bailout fund into one trillion eu

you know leverage..[fractional reserve lending]
give a bank a fre haircut..and a bailout[100 billion]
tell me how much does that..public debt leverage..into..?

please feel free to reply
see if you can explain

how is a 100 billion gift
they can leverage into trillions
a haircut for bankers...[seeing as its more govt bonds
by other govts..being leveraged..YET AGAIN]

do try to explain ol pal

I assume we're all done with Bank of America? Good.

Now you have concerns about the result from the Brussels eurozone meeting, yes?

It is not clear however which part of the deal you dislike.

Is it the Banks accepting that their Greek paper is now worth only half what it was yesterday? So if your bank bought $1m in Greek government Bonds expecting them to be redeemed for $1m, they now have to accept half of that?

Or is it that the Banks have been told to re-capitalize - i.e. tap you and me to subscribe for shares to boost their capital security blanket?

Or perhaps you are concerned that the backstop fund - the European Financial Stability Facility - is being more than doubled, to add yet another layer of fallback? I assume you know what the word "facility" means? And where this money comes from, and goes to? Of course you do.

So do tell, what's your problem?

Pericles,How did the Bank of America get $75 trillion of worthless derivatives on its books? You tried to tell me last year that derivatives had value backing their numeracy.It is all a crock of BS.This story has not hit the popular media because the banksters control it.

Pericles,you are the personification of deception and hypocracy.How about facing the truth or your own demise?

*How did the Bank of America get $75 trillion of worthless derivatives on its books?*

Arjay, if you do your homework, you'll find that Hank Paulson, who
was Bush's treasury secretary, bludgeoned the Bank of America CEO
to buy Merrill Lynch, as they did not want it to become another
Lehman. And yes, according to the congressional investigation,
there were threats.

ohh peridicules..your a funny man
your wit is about half the wit needed

blind freddy can see that german 'underwriting'[so far]..stands at 570 billion..[falling upon 400 million german serfs..[bailing out 4 million geeks]

if we manage to limit germaniac exposure..to the half trillion so far
and itallie and espania[and portugall..and the land of ire...dontfall in a heap..[costing 2.3 trillion]..then that germanic 'obligation'..in bonds

[carrying intrst/ursury..
to bail out bankers [again]
might prove cheap..but dont be spinning that clap trap
of...

""So if your bank bought $1m""
using our compulsory super 'con-tribut-ion'
or our savings..or yopur councils 'investment' cvapitalisation

""in Greek government Bonds expecting them to be redeemed for $1m, they now have to accept half of that?""

yeah...but were not talking about 1 million
but 200 billion..[just for greece]...bonds..held as securities
bonds that have been insured,,![and become payable in full in a default]..that a volentary 'default..dont pay off the 'insurance']

its just all too clever by half
and you come up wuith simplistic insanity..lik
""Or is it that the Banks have been told to re-capitalize
- i.e. tap you and me to subscribe for shares"'...lol

that if you dont...then the germanmiac bonds will 'underwrite' it
and become payable WITH URSURY..to bankers..from extra odious debt on the cityzenry of germaniacness

mate your a waste of breath
you know..the problems..but prefer to distort and be a simplton..with ya half wity spin...[wont get into the big us bust comming up from them intrest bearing education fees/charges..[more debt that cant ever get repaid..[but held as securitised bonds in your super]

affectivlt you and your pals are just too clever
i hope you enjoy your 30 pieces of silver