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User Info Your Daily Greek Update. SAVED or not SAVED? in forum [Breaking]
Zarathustra
Posts: 6034
Incept: 2009-04-29
Silver A True American Patriot!
Funkytown
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DOW JONES--IMF SAYS 'PRIOR ACTIONS' LIKELY TO BE REQUIRED BEFORE FUND OK OF NEW GREEK LOAN PROGRAM

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"And in knowing that you know nothing, that makes you the smartest of all." - Socrates
Krs
Posts: 708
Incept: 2009-05-07
Silver
Colleyville, Texas
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Some deal they struck this AM???

http://finance.yahoo.com/news/greece-fin....

Quote:
A government official confirmed to CNN that a deal has been reached. And at least two of the three parties that form the coalition government have agreed to it, according to the prime minister's office.


Seems like the same deal they had last night, no deal. Or are we now changing the meaning of deal to more properly fit into our new modern fiscal and monetary structures.

Like a cool dudes smiley, two out of three ain't bad

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Fog, smoke, and mirrors... perhaps those tin-foil-hat wearing digital dickweeds were on to something?
Tyler Durden on the Fed – Feb 28, 2013

Jubber
Posts: 14642
Incept: 2007-07-05
Gold
UK
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****ing hell we're going positive...........

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“The problem with socialism is that, sooner or later, you run out of other people’s money.” Thatcher
Zarathustra
Posts: 6034
Incept: 2009-04-29
Silver A True American Patriot!
Funkytown
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NEW YORK (MarketWatch) -- U.S. stocks fell Thursday, with the S&P 500 retreating from a seven-month high, as investors tried to gauge the impact of a Greek austerity deal.

30-minutes earlier...

LONDON (MarketWatch) — European stock markets extended gains Thursday as Greek leaders reached an agreement on austerity cuts and as U.S. jobs data came in better than expected.


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"And in knowing that you know nothing, that makes you the smartest of all." - Socrates

Jubber
Posts: 14642
Incept: 2007-07-05
Gold
UK
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how the **** is this **** up again?

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“The problem with socialism is that, sooner or later, you run out of other people’s money.” Thatcher
Zarathustra
Posts: 6034
Incept: 2009-04-29
Silver A True American Patriot!
Funkytown
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One hint, Jubber....

inline

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"And in knowing that you know nothing, that makes you the smartest of all." - Socrates
Jubber
Posts: 14642
Incept: 2007-07-05
Gold
UK
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looks like the computers are programmed for 13000 before the end of FEB, just buy 3 or 4 heavily weighted stocks such as IBM to gradually prod it...this has been totally manipulated since the 1070 bottom imho 2008 all over again.

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“The problem with socialism is that, sooner or later, you run out of other people’s money.” Thatcher
Zarathustra
Posts: 6034
Incept: 2009-04-29
Silver A True American Patriot!
Funkytown
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Holy ****. Look at this....

--CORRECTED

NEW YORK (MarketWatch)--Greek austerity deal, U.S. data lift Europe stocks
Banks help drive gains; Greece concludes debt deal

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"And in knowing that you know nothing, that makes you the smartest of all." - Socrates
Argos
Posts: 6447
Incept: 2008-03-23
Gold
The Green Mountain State
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Dugless, there are a handful of helpful graphs here:

http://graphics.thomsonreuters.com/F/09/....

And here we can do our own Eurozone bank stress tests:

http://graphics.thomsonreuters.com/11/07....
Zarathustra
Posts: 6034
Incept: 2009-04-29
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Funkytown
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ZH--As we predicted, Germany is a no go. The AP reports:

German FinMin: Greek deal on spending cuts appears to not yet fulfill bailout conditions

And now ball is back in the Greek court where politicians are starting to drop like flies on the "merely insufficient" deal.


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"And in knowing that you know nothing, that makes you the smartest of all." - Socrates
Workerbee
Posts: 1409
Incept: 2009-03-18
Silver
* Winter is Coming *
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So the reverse is now true?

Must be confirmed before it's officially denied?

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Prepare for Our Valley Forge
*~* Appeal to Heaven *~*
...that those "who having no appeal on earth to right them, they are left to the only remedy in such cases, an appeal to heaven." ~John Locke
Zarathustra
Posts: 6034
Incept: 2009-04-29
Silver A True American Patriot!
Funkytown
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Agreed Upon Greek Bailout "Unagreed" 24 Hours Later As LAOS Leader Changes Mind, Euro Tumbles

Submitted by Tyler Durden on 02/10/2012 - 07:19

Remember the pomp and circumstance with which Venizelos showed up in Brussels yesterday carrying a two paragraph statement from Lucas Papademos in hand, saying Greece promises it has agreed to agree to make idiotic "pledges"? Well, as was largely suspected by cynical old us, even that "deal" has lasted not even a whopping 24 hours.

GREECE'S KARATZAFERIS SAYS CAN'T VOTE FOR TROIKA ACCORD AS IS - BBG
GREEK FAR-RIGHT PARTY LEADER SAYS ELECTIONS WOULD NOT PROVIDE A SOLUTION NOW, WOULD NEED MORE TIME

This is coming from the LAOS coalition member whose support for the Troika accord was supposedly in place yesterday.Alas, without his endorsement, the whole thing is off. And just to complete the sheer chaos that is about to be unleashed in Greece:

Greeek far right party leader says asks for reshuffle of Papademos technocrat gov
-> Kiss this whole thing goodbye. Just as Germany wanted all along. And the EURUSD, which lately had traded with the sheer idiocy with which one trades US 3x beta stocks, and which had soared on what was glaringly idiotic hopes that this time, just this time, things in Greece would be different, tumbles.


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"And in knowing that you know nothing, that makes you the smartest of all." - Socrates
Zarathustra
Posts: 6034
Incept: 2009-04-29
Silver A True American Patriot!
Funkytown
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NEW YORK (MarketWatch) — Treasury prices jumped Friday, pushing yields down from their highest levels in at least two weeks, as European leaders said Greece needed to do more before it would disburse the next tranche of bailout money.

The latest turn of events reversing some of Thursday’s optimism yesterday that Athens would just in time be able to avoid defaulting.


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"And in knowing that you know nothing, that makes you the smartest of all." - Socrates
Jubber
Posts: 14642
Incept: 2007-07-05
Gold
UK
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any live video feeds can't find a good one?

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“The problem with socialism is that, sooner or later, you run out of other people’s money.” Thatcher
Zarathustra
Posts: 6034
Incept: 2009-04-29
Silver A True American Patriot!
Funkytown
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Feb 10 (Reuters) - Greece's largest police union has threatened to issue arrest warrants for officials from the country's European Union and International Monetary Fund lenders for demanding deeply unpopular austerity measures.
In a letter obtained by Reuters on Friday, the Federation of Greek Police accused the officials of "...blackmail, covertly abolishing or eroding democracy and national sovereignty" and said one target of its warrants would be the IMF's top official for Greece, Poul Thomsen.


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"And in knowing that you know nothing, that makes you the smartest of all." - Socrates
Zarathustra
Posts: 6034
Incept: 2009-04-29
Silver A True American Patriot!
Funkytown
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NEW YORK (MarketWatch) — U.S. stock futures fell Friday, along with the euro and commodities, as European finance ministers set conditions for Greece to meet before they release another round of funds.

Greece must approve an austerity plan into law and find 325 million euros in spending cuts before euro-zone nations back another round of funds for Athens, with the deal falling apart due to concerns coming elections in Greece could derail the country’s commitments.

“Whatever package gets voted on in Greece is basically an up or down vote on euro membership so we are entering another uncertain weekend for global markets,” said Peter Boockvar, equity strategist at Miller Tabak.

“A failed vote will likely lead to a hard default which may be what the Greeks want at this point where a clean slate can be established.”


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"And in knowing that you know nothing, that makes you the smartest of all." - Socrates
Fraudster
Posts: 4181
Incept: 2011-05-10
Green
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It won't be long now.

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"Let China sleep, for when she wakes, she will shake the world." - Napoleon Bonaparte

"Circulation ceases first at the outer edges [Europe and Japan]. It will take a while yet for the decay to reach the heart [America]." - Foundation & Empire by Isaac Asimov
Zarathustra
Posts: 6034
Incept: 2009-04-29
Silver A True American Patriot!
Funkytown
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Bloomberg---Greek Deputy Minister resigns from government

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"And in knowing that you know nothing, that makes you the smartest of all." - Socrates
Argos
Posts: 6447
Incept: 2008-03-23
Gold
The Green Mountain State
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Right, Fraudster. The bears should be encouraged that yesterday Draghi didn't produce a ramp job after hinting to the size of the upcoming LTRO, methinks.

Perhaps it's dawning on the market that the ECB cannot "print" away the fact that the Eurozone is becoming politically unhinged.
Rvacha
Posts: 8319
Incept: 2008-10-03
Gold
Cleveland
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Greek police about to jump to the protesters' side Egypt-style - or just symbolic?

http://www.zerohedge.com/news/greek-poli....

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"I suggest you panic." - Hugh Hendry

Drench
Posts: 28631
Incept: 2009-11-10
Green
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Greece's Deputy Foreign Minister Resigns: Greek State TV

CNBC.com Breaking
Drench
Posts: 28631
Incept: 2009-11-10
Green
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Quote:
Greece's future in the euro grew increasingly precarious Friday as violence erupted on the streets of Athens and four Greek ministers quit government over European demands for more austerity.
http://www.usatoday.com/money/world/stor....
Rvacha
Posts: 8319
Incept: 2008-10-03
Gold
Cleveland
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Who wants to be long this weekend? Or for that matter - given recent history - short?

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"I suggest you panic." - Hugh Hendry
Swingtrader
Posts: 9108
Incept: 2007-08-12
Green
United Oligarchic Goldman Sachs States of America
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Greece only has days to avoid default, says Fitch

More at link

http://www.ekathimerini.com/4dcgi/_w_art....

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Swing said "Well, it is collapsing as we watch.This is what it looks like." Australian federal judge Jayne Jagot, doing what US judges need to do!
Spanktron9
Posts: 2881
Incept: 2009-03-13
Gold
Reality.
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I expect at least 1 or 2 more sticksaves and false "agreements" before the Ka-Boom. Ka-Boom may even be after the March 21 drop dead date.

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"Winter is coming." -Motto of House Stark
"Mo'lon La'be"- Leonidas
"Strong people are harder to kill than weak people, and more useful in general" - Mark Rippetoe
"Its like Calvinball."-MarvinMartian
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