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Replies to #410 on Fusion-IO (FIO)

adeezl

12/05/11 2:30 PM

#411 RE: a r #410

Looks like the Greeks got a lil something to feed on for a bit.

IMF releases 2.2 billion euro in aid for Greece

http://www.reuters.com/article/2011/12/05/us-imf-greece-idUSTRE7B41U720111205

(Reuters) - The International Monetary Fund on Monday agreed to release a 2.2 billion euro ($2.95 billion) aid disbursement to Greece, part of a three-year IMF-EU bailout package to help the debt-stricken country avoid bankruptcy.

"The executive board of the International Monetary Fund today completed the fifth review of Greece's economic performance under a program supported by a three-year Stand-By Arrangement for Greece," the IMF said in a brief statement.

The disbursement brings to 20.3 billion the sum paid out to Greece so far under the 30 billion euro IMF loan agreed in May last year. It is part of a bigger 110 billion euro rescue package for the country.

The approval of the latest aid tranche followed assurances by Prime Minister Lucas Papademos and his new unity government that the country would stick to terms of a debt reduction deal.

Last week, European leaders approved an 8 billion euro tranche for Greece.

An IMF mission will travel to Athens between December 12 and December 16 for preliminary discussions with the new coalition on economic policies.

adeezl

12/05/11 4:36 PM

#412 RE: a r #410

Loses make for a good tax cut hah. Can't win them all dude, nobody knew what was to happen, especially across the pond (Damn Euros! :P). Now we'll see what's up tomorrow when those 9mil shares get unlocked. Should be a gorgeous ride indeed. Cheers!

(Longs will be the one's making a killing for many years to come imo.)

SSD makers - folks better snatch 'em while they're cheap. They'll be the top dogs for the next frontier of storage.

(Western digital/seagate/etc very slow to adapt, opened up the door for the new kids on the block)