GM! And the bottom line is "we don't know". Zerohedge had a piece called "WHAT WAS THAT" about euro action...however I think the truth lies within the ECB stress tests
Someone needed to raise money, and raise it fast, on a key date. At the same time the CAC40 dropped
The ZH story was tagged as "euro, jerome kerviel, dollar"...
Of course few people remember how Jerome lost $1bn as Soc Gen's rogue trader, but Soc Gen has been in the spotlight recently as stress tests loom...
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