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Read the article: Debt Grows at Astonishing Rate Even in Texas; A Roadmap to Better; "It’s Your Money"; Infinite Amortization…
While pondering what Dragi knew or didn’t, let’s turn our focus on actual losses. Reuters reports Monte Paschi Shares Plunge on Derivative Loss Fears Shares in Banca Monte dei Paschi di Siena, Italy’s third-biggest lender, fell more than 5 percent for the second day in a row on Wednesday on worries of mounting losses on some financial derivative positions which it took in 2008 and 2009
While pondering what Dragi knew or didn’t, let’s turn our focus on actual losses. Reuters reports Monte Paschi Shares Plunge on Derivative Loss Fears Shares in Banca Monte dei Paschi di Siena, Italy’s third-biggest lender, fell more than 5 percent for the second day in a row on Wednesday on worries of mounting losses on some financial derivative positions which it took in 2008 and 2009
See more here: Yen Set for 11th Weekly Drop; Japan Records Largest Trade Deficit in History
Flash China Manufacturing PMIâ„¢ at 51.9 (51.5 in December).
See the original article here: Sarkozy, Under Investigation in France for Fraud, Plans to "Dodge New 75% French Tax Rate…
See the original article here: Sarkozy, Under Investigation in France for Fraud, Plans to "Dodge New 75% French Tax Rate…
Originally posted here: 20,000 Layoffs in Spanish Banks, 40% Pay Cuts, Pension Contributions Halted; Spanish Bank Unions Announce Strike; Protests…
More: Massive Fraud in Spain Threatens Entire Government of Prime Minister Mariano Rajoy; Protestors in Madrid Shout "Resignation"