Tag: psychology

January 29, 2013 0

Iceland Wins! "Icesave" Lawsuit Dismissed, Court Orders EC and EFTA to Pay Costs

By News Desk

Iceland Wins! "Icesave" Lawsuit Dismissed, Court Orders EC and EFTA to Pay Costs Posted by Michael Shedlock at 12:09 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s)

January 25, 2013 0

Much More Beneath the Surface of the Italian Bank Scandal; How Big Are the Derivative Losses?

By News Desk

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