Archive - Jul 30, 2009 - Story

Zero Hedge would like to extend the invitation by Joe Ratterman to other critical Flash markets, such as Dark Pools of "Liquidity" and most specifically, Sigma X.

One wonders how open Goldman will be to shedding its SLP monopoly

"The government has its hands in 40% of the economy and when public sector officials can influence how banks can value their assets, how mortgage servicers should be doing their business, who shall fail in the financial industry and who shall not; and when we have a central bank that is not just the lender but the market of last resort, even for RVs, and a government willing to run up its deficit to levels that would have made FDR blush, then perhaps we can end up seeing a recovery occur sooner than we had thought."

Tim Geithner understands bubble peak demand and credit bubble pop supply.

Need a quick boost to the market? Just clutch at Barney's straw.

• Jobless claims pick up again, hit 584,000 (Bloomberg)
• Pettis: Brace for a decade of lower Chinese growth (FT)
• Must read: Wall Street analysts keep telling big earnings lie (Bloomberg)
• Goldman Sachs hatred might cost you your bonus (Bloomberg)
• NYSE Euronext swings to loss (WSJ)

• Alcatel-Lucent swung to a net profit of €14M ($19.6M) vs. a year-ago loss of €1.1B.
• Ambac Fincl expects Q2 impairment losses on credit derivatives to rise by ~$1.6B to $4.9B.
• BAE Systems swung to 1H loss of $134M; revs jump 28%.
• British American Tobacco H1 profit up 16 pct to 1.45 billion pounds.
• British Sky Broadcasting posts a solid fourth-quarter net profit.

Brazil's top performing hedge fund warns of weakness in the real and potentially higher rates.