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flemsnopes

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flemsnopes

Re: None

Monday, 09/24/2012 5:36:37 AM

Monday, September 24, 2012 5:36:37 AM

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The magic of "leveraging".

Monday, September 24, 3:18 AM German Deputy finmin Steffen Kampeter says the eurozone is discussing leveraging its ESM permanent bailout fund. Kampeter's comments follow a report in Spiegel magazine that the bloc wants to leverage the program to give it a capacity of over €2T vs. the €500B pledged. The techniques used would be similar to those deployed for the temporary EFSF.

http://seekingalpha.com/currents/post/552131

I am only expressing my personal opinions or repeating public information from SEC filings or media outlets-which may or may not be correct. Do your own investigating before investing!

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