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Re: Tuff-Stuff post# 326799

Friday, 07/02/2010 8:11:01 AM

Friday, July 02, 2010 8:11:01 AM

Post# of 648882
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...

http://www.ft.com/cms/s/0/c0209356-7e2b-11df-94a8-00144feabdc0.html

It could only be SocGen or CreditLyonaise/Credit Agricole.

Just my .02c, and I have nothing to support my belief except a long history of watching these games being played

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