Archive: juin, 2012

POLITICIANS 2

CAN CENTRAL BANKS SUBSTITUTE FOR INCOMPETENT POLITICIANS ?…

OF COURSE…. NOT ! CAN CENTRAL BANKS DO MORE TO SUPPORT WEAK ECONOMIES : OF COURSE…YES ! HOW ? : JUST BY BACKING UP THE LAUNCHING OF MEGA PROJECTS FINANCING IN THE EUROZONE 100% FUNDED WITH CALLABLE BONDS UNDERWRITTEN BY EUROPEAN CITIZENS; A GREAT WAY TO REVITALIZE SUSTAINABLE  GROWTH AND CREATE JOBS !!!!!!! MORE ON [...]

2

EUROZONE TO SET UP A SINGLE BANKING SUPERVISOR TO BE RUN BY THE ECB.

AGREED ! ALSO, 100 BILLION EUROS OF EU BAILOUT FUNDS TO BE INJECTED DIRECTLY INTO WEAK SPANISH BANKS . TROUBLED IRISH BANKS ARE EXPECTED TO BE THE NEXT IN THE RECAPITALIZATION PIPELINE. PHLDUCX http://www.off-the-recordmessaging.com/external-financial-assistance-from-the-european-financial-stability-facility-or-european-stability-mechanism-requested-by-cyprus

MADOFF 2

J.EZRA MERKIN, A HEDGE FUND MANAGER TO PAY $410 M IN MADOFF SETTLEMENT.

J.EZRA MERKIN, A HEDGE FUND MANAGER WHO LOST MORE THAN A $1 BILLION OF HIS INVESTORS’ MONEY TO PONZI SCHEMER BERNARD MADOFF AGREED TO PAY $405 MILLION TO COMPENSATE INVESTORS AND ANOTHER $5 MILLION TO THE STATE OF NEW YORK TO COVER FEES AND COST. SOURCE : CNN – CNNMONEY – OFFICE OF ATTORNEY GENERAL [...]

CYPRUS 2

EXTERNAL FINANCIAL ASSISTANCE FROM THE EUROPEAN FINANCIAL STABILITY FACILITY OR EUROPEAN STABILITY MECHANISM REQUESTED BY CYPRUS.

WHO’S NEXT ? PHLDUCX http://www.off-the-recordmessaging.com/doit-on-douter-du-retour-a-la-croissance-durable-et-de-la-reduction-des-inegalites http://www.off-the-recordmessaging.com/la-lettre-diplomatique

GROWTH 3

IS A SET OF GROWTH ENHANCING POLICIES OF 1% OF EUROZONE GDP (125 BILLION EUROS) BIG ENOUGH ?

NOT SURE, ACTUALLY !… LET’S WAIT AND SEE TILL THE NEXT EUROPEAN COUNCIL SCHEDULED ON JUNE 28-29, 2012 ! PHLDUCX http://www.off-the-recordmessaging.com/strengthening-financial-foundations-for-growth-and-innovation-wic-europe-la-baule-june-20-22-2012 http://www.off-the-recordmessaging.com/doit-on-douter-du-retour-a-la-croissance-durable-et-de-la-reduction-des-inegalites http://www.off-the-recordmessaging.com/la-lettre-diplomatique

SPAIN 4

HOW MUCH FOR THE REAL – ESTATE MELTOWN IN SPAIN ?

SPAIN’S ECONOMY MINISTER LUIS DE GUINDOS SAID FRIDAY THAT SPAIN WILL FORMALLY REQUEST BANK AID ON JUNE 25, AFTER AN INDEPENDENT DUE DILIGENCE FOUND THAT THE SPANISH BANKS NEED UP TO 62 BILLION EUROS IN NEW CAPITAL TO ABSORB LOSSES FOR A REAL-ESTATE MELTOWN AND TO RESTORE STABILITY TO THE COUNTRY’S FINANCIAL SECTOR. PHLDUCX http://www.off-the-recordmessaging.com/la-lettre-diplomatique [...]

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