Friday, 28 October 2011

A German view of the bailout
Ladies and Gentlemen,

You should watch this video – it is truly horrendous

http://blogs.telegraph.co.uk/news/danielhannan/100114217/a-german-view-of-the-bailout-deal/

Les

Greek CDS Shennanigans

Sounds pretty coercive, no? Yet despite this it still looks like most Greek bondholders will be forced to pay for their own stupidity. ‘Cause as it turns out, over 90% of Greek debt is governed by the terms of Greek law. Which offers much less protection than the UK laws governing the remaining ~10%
http://www.zerohedge.com/news/guest-post-greek-cds-shennanigans

Cleggs wife risking accusations of conflict of interest
Date: Wed, 26 Oct 2011 17:16:20 +0100 (BST)
Miriam Gonzalez gets new job as firm's EU trade chief in move thatwill infuriate euro rebels
will infuriate euro rebels
The wife (pictured), of Deputy Prime Minister Nick Clegg is risking  accusations of conflict of interest by taking a job with U.S. law  firm Dechert, heading up the firm's EU trade and EU government  affairs practice.
Will infuriate euro rebels
Full Story:
http://www.dailymail.co.uk/news/article-2053753/Miriam-Clegg-gets-new-job-firms-EU-trade-chief-infuriate-rebels.html 26 October 2011 www.dailymail.co.uk
S&P Issues Statement On EFSF

S&P Issues Statement On EFSF, Says "Almost Certain" European Governments Would Support CDO
http://www.zerohedge.com/news/sp-issues-statement-efsf-says-almost-certain-european-governments-would-support-cdo


The Global Moral Hazard Dawns

The Global Moral Hazard Dawns: Merkel Says "It Must Be Prevented That Others Come Seeking A Haircut" As Ireland Cuts GDP Forecast
http://www.zerohedge.com/news/global-moral-hazard-dawns-merkel-says-it-must-be-prevented-others-come-seeking-haircut-ireland-

Fox News- Nigel Farage and Greek Bailouts from the American Purse!
Politics List
A very good 5 min video of Nigel Farage being interviewed on Fox TV and ......telling it how it is! No punches pulled!
Together with RT - Russian Television, he is getting a lot of coverage - and well away from the distorted and biased BBC, as well!
Fortunately, it's all on YouTube! Clear sound required! 20%.