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EUR/JPY tries to tell us a story....

José Sócrates, Portugal’s prime minister, will announce tough new austerity measures on Thursday, including a “crisis tax” on companies and wages, to accelerate cuts in the country’s gaping budget deficit. The new austerity package, which follows similar moves by Spain, Greece and...

MADRID (MarketWatch) -- Unemployment in Greece rose to 12.1% in February, up from 9.1% in the year-ago period and 11.3% in January, the Hellenic Statistical Authority said Thursday. The level is the highest in five years and the International Monetary Fund has said unemployment could move to as...

Seems, the whole world has learned nothing since the 1000 point DJIA drop last week. We need a 2000 point drop, maybe this will amplify the learning process. :cool:

Deutsche Bank only -0,15 % on this piece of news. Hilarious.

Don't fight this idiocy shorting futures. Be smart. Enter deep OTM puts !

One of the mysteries of the financial crisis is how mortgage investments that turned out to be so bad earned credit ratings that made them look so good. One answer is that Wall Street was given access to the formulas behind those magic ratings — and hired away some of the very people who...

Every tick above 6250 is a crying sell.

May 13 (Bloomberg) -- Chinese equities slumped into the second bear market in nine months this week. Pan Weiting says there’s no better place to put her money than in stocks. Pan shelved plans to buy an apartment after real estate prices jumped the most on record and the government banned...

The government has ramped up its investigation of Wall Street’s sale of toxic securities during the financial crisis to include firms other than Goldman Sachs (GS: 147.41, 5.37, 3.78%) and Morgan Stanley (MS: 27.79, -0.6, -2.11%). Sources tell FOX Business that the Securities and Exchange...

HTC Corp. on Wednesday filed a complaint with the International Trade Commission to stop the importation and sale of Apple's iPhone, iPad and iPod in the United States, the Taiwanese mobile phone company said. "We are taking this action against Apple to protect our intellectual property, our...

“Our FICC and equities businesses are largely global market-making businesses where we intermediate flows and commit capital and liquidity and in the process generate revenue including bid-offer spreads,” Mr. Cohn said at a UBS conference in New York. Yeah, sure. Frontrunnig your customer...

Where are all these class action suit specialists ? Rainmakers ? Anti trust investigations ? 4 banks - in one quarter ? And surprisingly the big four ? Grrrrr.......

It is the Wall Street equivalent of a perfect game of baseball — 27 up, 27 down, the final score measured in millions of dollars a day. Despite the running unease in world markets, four giants of American finance managed to make money from trading every single day during the first three...

Just as a "headline reminder" : 1) U.K. Coalition Government Plans Deficit Cuts, Bank Bonus Curbs 2) Spain Lowers Public Wages After EU Seeks Deeper Cuts 3) Schwarzenegger Preps ‘Terrible Cuts’ to Close Deficit 4) Portugal's Teixeira Dos Santos Sees More Deficit Cutting 5) Dynamic of...

California Governor Arnold Schwarzenegger will seek “terrible cuts” to eliminate an $18.6 billion budget deficit facing the most-populous U.S. state through June 2011, his spokesman said. Schwarzenegger, 62, who will introduce his revised budget plans on May 14, has said he won’t seek...

The same predatory programs running like before Thursday. Same bulls..t.

6201.00. Unbelievable how fast mutual fund manager idiots are forgetting about EURO problems.

Hum, time for entering 5700.00 puts...

So, circuit breakers will be put in place ?:confused: