SureTrader Advertisement Advertisement Advertisement
Home > Boards > The Lounge > Politics > Politics and Money

Investors should take a substantial loss.

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
n4807g Member Profile
Member Level 
Followed By 38
Posts 28,221
Boards Moderated 0
Alias Born 07/08/03
160x600 placeholder
U.S. Stocks End November With Whimper, Post Modest Monthly Gains
Retail in the spotlight after weekend of holiday shopping U.S. stocks closed slightly lower on Monday, but the main indexes held on to...
Top Equities Stories Of The Day
BHP Shares Plunge as Brazil Files Suit Against Dam Owners -- Update
Correction to Barron's Friday Blog Item on Pfizer-Allergan
Black Friday Shopping With Thinner Crowds
Target Website Has Problems Amid Heavy Traffic
GT Advanced Pursues $80 Million Loan to Exit Bankruptcy
Gates Launches Energy-Innovation Fund
Indian Railways Signs Deals With Alstom, GE for 1,800 Locomotives
BofA Executive Leaves Firm
n4807g Member Level  Monday, 04/23/12 01:55:27 PM
Re: properlynumb post# 47226
Post # of 107199 
Investors should take a substantial loss.

Well that's a real problem because the "investors" that would take the "haircut" are the banks that took the LTRO money from the ECB and to a lesser degree the IMF.

Do you wonder why interest rates are on the rise again? Ask the head of the Bundesbank:

Of course when the haircut is taken the banking system in Europe will collapse and they will fall into a full blown depression. What private sector investors learn in Greece, they now practice, don't buy European Sovereign Debt. So there's really no secondary market for those pieces of paper.

Ultimately that haircut will be taken from the population in Europe.

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
Current Price
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist