Daily US Opening News And Market Re-Cap: June 15

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Wed, 06/15/2011 - 08:14 | 1370433 firstdivision
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Hey look, bankruptcy isn't the end of the world. http://www.economist.com/blogs/freeexchange/2011/06/europes-debt-crisis-...

Wed, 06/15/2011 - 08:22 | 1370453 writingsonthewall
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"It is expected that UK’s Chancellor Osborne will endorse plans to “ring fence” retail banking businesses of UK banks today in his Mansion House speech"

 

Door, horse, bolted, closed.

Wed, 06/15/2011 - 08:33 | 1370477 nedwardkelly
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Hmmm too much golf on my mind. I read the subject and saw:

"Daily US Open news"

Was wondering why ZH has started reporting on the US open

Wed, 06/15/2011 - 08:31 | 1370487 Cdad
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“ring fence”

 Well, now there's a term we have not heard in a couple of years.  As I recall, ring fencing subprime did not work out so well.

Wed, 06/15/2011 - 08:41 | 1370494 SheepDog-One
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'Ring fence' sounds too much like something having to do with bending over in assless jeans to me.

Wed, 06/15/2011 - 08:46 | 1370513 Cdad
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"The National Bank of Greece bent over the RING FENCE in its assless jeans, exposing its unprotected flank."

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