IIF just made some noises about EU debt/firewa

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tendermyshares
SEC Governor

Posts: 3,381

IIF just made some noises about EU debt/firewa Apr 9, 2012 9:39:27 GMT -5

Post by tendermyshares on Apr 9, 2012 9:39:27 GMT -5

International Institute of Finance, the folks who brought you the Greek bond haircut (negotiating on the bank's side):

Capital rules need tweaking for effective ECB action
EU debt crisis hitting trade and finance flows, EU austerity crimping demand too much
EU needs more balanced budget tightening

What happened to Easter monday over there?

Bob Newhart at vintage Don Rickles roast: I remember when I was starting out, Don pulled me aside. We have a saying in our business, be nice to people on the way up, because you meet the same people on the way down. Don told me, "You meet entirely different people, and to hell with them."

tendermyshares SEC Governor Posts: 3,381	IIF just made some noises about EU debt/firewa Apr 9, 2012 10:09:17 GMT -5 Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by tendermyshares on Apr 9, 2012 10:09:17 GMT -5 Uhoh, IIF's Dalarra said a bad thing. "IIF urges countries to adopt collective action legislation in the event of further debt restructurings."
	Last Edit: Apr 9, 2012 10:09:59 GMT -5 by tendermyshares Bob Newhart at vintage Don Rickles roast: I remember when I was starting out, Don pulled me aside. We have a saying in our business, be nice to people on the way up, because you meet the same people on the way down. Don told me, "You meet entirely different people, and to hell with them."

novice08 SEC Governor Posts: 4,333	IIF just made some noises about EU debt/firewa Apr 9, 2012 10:22:51 GMT -5 Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by novice08 on Apr 9, 2012 10:22:51 GMT -5 Something tells me Spain dominates the headlines here for at least a couple of wks. Next up, Italy.
	Remember, I could be wrong.

tendermyshares SEC Governor Posts: 3,381	IIF just made some noises about EU debt/firewa Apr 9, 2012 10:36:19 GMT -5 Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by tendermyshares on Apr 9, 2012 10:36:19 GMT -5 How prescient of you. Spanish government says they will accelerate the sale of their banking stakes. No one knows exactly what that means yet, maybe no big deal.
	Bob Newhart at vintage Don Rickles roast: I remember when I was starting out, Don pulled me aside. We have a saying in our business, be nice to people on the way up, because you meet the same people on the way down. Don told me, "You meet entirely different people, and to hell with them."