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http://static.tijd.be/upload/20110527_CP_Acceleration_of_Dexia_deleveraging_program_nl_3012958-48121.pdf

The forced acceleration in restructuring through the European commission will hit them with a negative 3.5 Billion impact in Q2.

They are in bad shape though no doubt and governments will have to step in at some point in time I would suspect. It's a mess. Luckily we sold Fortis, that's at least one worry less. :D

Don't know about those but try this: http://www.ameinfo.com/news/Dr__Marc_Faber/

Now the latest is they will speed up their restructuring.

Martinghoul, the French and the Belgian government are the biggest stockholders in Dexia + Belgian's biggest union has a 14% stake in it. They all bought at +9 Euro's a share, it's at 2.40 today. I'd say buy the stock! Seriously, the suspension of today is not debt crisis related, it's...

http://www.youtube.com/watch?v=e-gETx_P5y0 He is good. :)

The problem is with the banks, obviously. Deutsche bank, ING, BNP Paribas, they all own tens if not hundreds of billions of Italian, Spanish, Belgian savings and bonds. To think this offers no contagion effect should any of them get into trouble is kind of a stretch let's agree on that no.

Why not short it versus CHF. They are bound to reach parity I would think.

It's Rogers alright, I don't understand why one would doubt it. The site beeland.com was or is Rogers's own.

http://www.beeland.com/abolish_the_ifm_and_the_world_ba.htm It's a interesting point of view by Jim Rogers on the IMF, article dates from the early 00's.

RIP

Is it good? Should I download it?

So basically it is a political decision, that could be turned around if desired. Thanks for the feedback, yet it leaves open the question why these 3 have basically managed to form a monopoly and if the existence of these agencies requires US government approval how is independancy...

I read that, and it explains why it can rate companies in the US but does not explain why it has power to rate countries I would think or does it?

It puts the banks under water it's a simple as that.

When did countries decide rating agencies such as Finch and S&P get to rate countries and companies worldwide? Why are other rating agencies doomed to remain obscure? Could they in theory be shut down, or lose their privileged position? Why would politicians continue to accept their...

Isnt taking enhancing drugs allowed in sports like the NBA or the NHL? Why should it not be allowed in cycling?

I live in Belgium and I only commented on this thread because I was at a dinner party last week where this woman who just gave birth said she found it outrageous it costs 1K to give birth in a hospital. How are poor people supposed to pay for this she said? Don't know on policy concerning...

Come to Europe. Having a baby costs like 1000$ max And the mortality rate is lower then in the US so no quality issues there. Ofcourse, not everyone is as free market minded here then in the States you know, I could understand how that would be to big of an obstacle to overcome.