Draghi says the ECB will save the euro [NotSoBreaking] - MarketTicker Forums


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User Info	Draghi says the ECB will save the euro in forum [NotSoBreaking]
Drench Posts: 28631 Incept: 2009-11-10	Quote: "Within our mandate, the ECB is ready to do whatever it takes to preserve the euro. And believe me, it will be enough," he told an investment conference in London. http://www.cnbc.com/id/48332357 Last modified: 2012-07-26 07:20:08 by drench 2012-07-26 07:17:41 Permalink
Mayorquimby Posts: 13916 Incept: 2008-09-18 The Archaic Past	Watched that whole move in /es. HUUUGE response. ---------- They who wish to hurt you, work within the law. - Morrissey Gold is theft. 2012-07-26 07:20:27 Permalink
Drench Posts: 28631 Incept: 2009-11-10	European Stocks Rally as Draghi Pledges to Preserve Euro http://www.bloomberg.com/news/2012-07-26.... 2012-07-26 07:30:55 Permalink
Jubber Posts: 14642 Incept: 2007-07-05 UK	Whenever that idiot speaks the market usually ***s itself...just saying ---------- “The problem with socialism is that, sooner or later, you run out of other people’s money.” Thatcher 2012-07-26 07:31:56 Permalink*
Drench Posts: 28631 Incept: 2009-11-10	Tickerated. http://market-ticker.org/akcs-www?post=2.... 2012-07-26 07:49:51 Permalink
Argos Posts: 6447 Incept: 2008-03-23 The Green Mountain State	MS (Morgan Stanley) seems to be having difficulty holding its gains. The .XBD is some 1% off its intraday high. Maybe Draghi was trying to get out ahead of the next dropping shoe? (No position in MS at the moment.) 2012-07-26 10:39:07 Permalink
Zarathustra Posts: 6030 Incept: 2009-04-29 Funkytown	Guys, they are really, really serious now. Super serious.... ---------- "And in knowing that you know nothing, that makes you the smartest of all." - Socrates 2012-07-26 13:07:25 From PDA Permalink
Jubber Posts: 14642 Incept: 2007-07-05 UK	The market will call his bluff, save it with what, even more debt? ---------- “The problem with socialism is that, sooner or later, you run out of other people’s money.” Thatcher 2012-07-26 13:18:59 Permalink
Trades50 Posts: 4238 Incept: 2007-10-30 Land of Tax and Spend	What is the number now on the "Europe is Saved" series? A ECB production. Why bother with austerity, just print the money every month and had it out to the the bankrupt countries. ---------- When the people fear the government, there is tyranny. When the government fears the people, there is liberty. - Thomas Jefferson Last modified: 2012-07-26 13:47:53 by trades50 2012-07-26 13:47:11 Permalink
Jubber Posts: 14642 Incept: 2007-07-05 UK	what like the US does? what is it $7 Trillion in three years? ---------- “The problem with socialism is that, sooner or later, you run out of other people’s money.” Thatcher 2012-07-26 13:50:25 Permalink
Krs Posts: 707 Incept: 2009-05-07 Colleyville, Texas	How far is Merkel's boot up Draghi's ass right about now? I can't wait to hear the German Press tomorrow :-) ---------- Fog, smoke, and mirrors... perhaps those tin-foil-hat wearing digital dickweeds were on to something? Tyler Durden on the Fed – Feb 28, 2013 2012-07-26 13:57:03 Permalink
Argos Posts: 6447 Incept: 2008-03-23 The Green Mountain State	I believe that Citi is on the right page here, in the sense that it's all about holding the house of cards together until loans are made through the ESM (if the legality of the ESM is cleared, of course). However, I differ from the Citi analysis in that once the Bundesbank (for one) is satisfied that a sufficient number of borrowers are held over the ESM barrel, and it's clear that loads of existing bondholders will get subordinated and/or wiped-out, I don't believe that the ECB would then have any reason to go on a bond-buying spree. Zero Hedge coverage of Citi analysis: http://www.zerohedge.com/news/citi-dragh.... Last modified: 2012-07-26 14:01:55 by argos 2012-07-26 14:01:22 Permalink