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    SNB Has Full-Year Loss of 19.2 Billion Francs on Currencies

    Philipp M. Hildebrand was born on 19 July 1963. After passing his matriculation examination in Zurich, he received his Bachelor of Arts degree from the University of Toronto in 1988. Then followed postgraduate studies at the Graduate Institute in Geneva (1988–1990), the European University...
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    CEO Societe Generale:we have very limited exposure to Spain,Italy

    I can see a short covering massacre tomorrow. :cool:
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    Obama will meet with Bernanke later Wednesday

    WASHINGTON (MarketWatch) - President Barack Obama and his top economic advisors will meet with Federal Reserve Chairman Ben Bernanke later on Wednesday, White House spokesman Jay Carney said. Carney said the economy has been weaker than White House economists had expected. He said there was no...
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    S&P, Fitch and Moody’s confirm France’s top AAA rating

    Agence France-Presse Aug 10, 2011 – 10:55 AM ET | Last Updated: Aug 10, 2011 11:22 AM ET France’s top credit grade was affirmed by Standard & Poor’s, Moody’s Investors Service and Fitch Ratings as yields on the nation’s debt climbed on concern that Europe’s sovereign debt crisis...
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    French Bank Shares Extend Losses, BNP -9.86%, Societe Generale -14.34%

    Strong buy with some 6sigma hedge protection.
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    Goldman Goes Short The Dollar On QE3

    We have long argued that structural imbalances in the US will lead to more Dollar weakness. There are two main transmission channels: First, the current account deficit combined with the lack of investment inflows into the US and, second, more accommodative monetary policy by the Fed than...
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    Paulson fund looses another 10% in August on top of 22% loss at end of July

    Two top, if downtrodden, hedge funds bucked their peers in July to get back into the black. While the average hedge fund muddled through a middling (at best) month, Renaissance Technologies and Tudor Investment Corp. turned things around to start the second half. The former's Institutional...
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    Paulson fund looses another 10% in August on top of 22% loss at end of July

    Things have gone from bad to worse for Paulson & Co. The New York-based hedge fund giant’s largest hedge fund, already down 22% through the end of July, has lost about half as much again since the beginning of this month. Both the Advantage Plus and Advantage funds are down between 10% and...
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    Requests for Return of the PPT

    What about the European PPT? :)
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    The Brokers With Hands On Their Faces Blog

    Just some examples: http://brokershandsontheirfacesblog.tumblr.com/ Great collection
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    Short DAX at 7740

    What shall I say? Up in the morning over 200 points, just to be slaughtered like a goose thereafter.
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    Rogoff Says Fed Will Embark on QE3, Act ‘Decisively’ on Economy

    Federal Reserve policy makers are likely to embark on a third round of large-scale asset purchases, moving “more decisively” to secure the U.S. recovery, said Harvard University economist Kenneth Rogoff. “They certainly should do something right away,” said Rogoff, a former...
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    Deutsche Bank’s Hedge on Italy Shows Every EU Bank for Itself

    When Josef Ackermann called on lenders to help bail out Greece last month, the Deutsche Bank AG (DBK) chief executive officer had already cut his potential losses from the crisis spreading to Italy and Spain. Five days after lenders agreed to back the Institute for International Finance’s...
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    Sell off caused by overleveragged investors forced to raise cash

    I talked to a couple of investment bank desks from Europe, US and Asia (Singapore, Hong Kong). Most of the damage done by over leveraged investors. Pension funds and insurance funds sitting it out. Some large institutional investors even naming it "ridiculous" sell off. Let´s see. :cool:
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    Marc Faber: Markets Oversold, Set for Short-Term Rebound

    "I think that near-term stock markets around the world are very, very oversold and most oversold since February, March 2009 and 1987," Faber said. "(It) doesn't mean that they can't go lower, but I think they will rebound. http://www.cnbc.com/id/44068961 Mr. Gloom and Doom has spoken...
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    ‘HFT is killing the emini’ S&P, says Nanex

    Nanex’s Eric Scott Hunsader — the guy who likes to dig through trading data to unearth weirdly fascinating algorithmic patterns — is out with quite a chart on Monday: And no it’s not a new design for a Missoni scarf. It’s actually a chart tracking the deteriorating market depth...
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    Gold is finished

    Deutsche Bank, JP Morgan, Goldman - all calling for higher gold prices TODAY. My conclusion: STRONG SELL SIGNAL DE LUXE. :p
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    Mohamed El-Erian:US downgrade heralds a new financial era

    Wait until tomorrow when all retail accounts are full with S&P put options and institutionals full with equity calls. That´s the time to buy every single undervalued stock. Stocks are actually brutally cheap.
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    Greece Bans short shelling as stocks tank LOL!!

    Buy the dips. :cool:
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    17% of Navy Seal Team 6 Wiped Out..

    I thought that´s the job of Mossad?...
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