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    Takefuji Bank in Japan May Seek Protection From Creditors, Nikkei Says

    Sept. 27 (Bloomberg) -- Takefuji Corp. said it’s considering various steps to restructure itself, following a Nikkei newspaper report that the Japanese consumer lender is preparing to file for bankruptcy. Takefuji was poised to plunge 29 percent as Aiful Corp. led rivals as much as 23...
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    Takefuji Bank in Japan May Seek Protection From Creditors, Nikkei Says

    Sept. 27 (Bloomberg) -- Acom Co., a Japanese consumer lender, plunged the most in 20 months in Tokyo trading after the Nikkei newspaper reported Takefuji Corp. is preparing to file for bankruptcy protection. Acom dropped 9.2 percent to 1,357 yen as of 9:07 a.m. on the Tokyo Stock Exchange...
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    Takefuji Bank in Japan May Seek Protection From Creditors, Nikkei Says

    Sept. 27 (Bloomberg) -- Takefuji Corp., a Japanese consumer lender, may seek protection from creditors, Nikkei English News said, without citing anyone. The company’s liabilities were 430 billion yen as of June 30, the report said.
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    Japan Export Growth Slows As Strong Yen Weigh

    TOKYO (Dow Jones)--Japanese export growth slowed in August due to the strong yen and slack buying overseas, stoking concerns that the country's export-driven economy may lose more steam ahead. While still solid demand for Japanese steel and other products in Asia pushed overall exports up...
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    On the Secret Committee to Save the Euro, a Dangerous Divide

    I think that I will short EUR/USD Sunday night after being long mostly since start of June :)
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    On the Secret Committee to Save the Euro, a Dangerous Divide

    BRUSSELS—Two months after Lehman Brothers collapsed in the fall of 2008, a small group of European leaders set up a secret task force—one so secret that they dubbed it "the group that doesn't exist." Its mission: Devise a plan to head off a default by a country in the 16-nation euro zone...
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    Government seizes three credit unions with $50 bn in toxic assets

    WASHINGTON (MarketWatch) — The federal government on Friday seized three undercapitalized wholesale credit unions and unveiled a package of regulations to have the industry absorb losses on a $50 billion portfolio of toxic mortgage securities. The seizure on Friday of Warrenville...
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    Bernanke: Slowdown since spring remains a puzzle

    WASHINGTON (MarketWatch) -- Federal Reserve Board Chairman Ben Bernanke said the causes of the recent slowdown in growth remain a puzzle. In a question-and-answer session following a speech in Princeton University, Bernanke said history shows that recoveries that follow a financial crisis tend...
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    ES Journal Archive (2009 - 2010)

    This market wants a second flash crash.
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    ES Journal Archive (2009 - 2010)

    Adding 1040.00 calls. If bulls have brass balls they will show us how convinced they are about the bullsh1t they are presenting today.
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    House Panel Approves Bill Threatening Duties on China for 'Undervalued Currency'

    Sept. 24 (Bloomberg) -- The House will vote next week on legislation pressing China to raise the value of its currency, after a panel today approved the measure showing support for U.S. manufacturers before the November election. The Ways and Means Committee adopted the measure by voice vote...
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    House Panel Approves Bill Threatening Duties on China for 'Undervalued Currency'

    Instead they are getting rid of them and moving into JGB´s...
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    Citi sued by Norwegian central bank

    Inevitable, really. Though we wouldn’t have expected the staid Norwegian central bank to be the first (?) to take up legal arms. After the US Securities and Exchange Commission exposed Citi’s super senior subprime slip — in which the bank misled investors over its subprime exposure...
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    ES Journal Archive (2009 - 2010)

    LOL ! Good joke. This rally is simply a vola play of some desks aware of the general short bias in the last couple of days. Sort of short covering rally initiated by the usual vola and momo "suspects". There is absolutely NO reason to buy stocks now at these levels. Double dip recession...
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    Ford rallies nearly 6% on reduced debt

    Exit, 25 % profit. Bye, bye.
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    Short DAX at 7740

    Some unbelievable trades going on. 127 lots bid / 134 offered. That´s like playing ping / pong between two desk... What´s this ? Creation of volume out of thin air ? :confused: Between 6300 - 6310 several thousand contracts changing hand without any price movement. Ridiculous.
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    House Panel Approves Bill Threatening Duties on China for 'Undervalued Currency'

    You won´t wait for too long for the Chinese response on this. The Japanese have learned their lesson...
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    Short DAX at 7740

    House Panel Approves Bill Threatening Duties on China for 'Undervalued Currency' Now, that´s going to be fun.... :cool:
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    Short DAX at 7740

    This rally is a joke.
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