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Frontrunning: February 25

Tyler Durden's picture





 
  • Irish Voters Set to Take Revenge on Ruling Party (FT, Bloomberg)
  • Saudi youth call for protest in solidarity with Libyan uprising (Monsters and Critics)
  • Wisconsin Assembly approves plan to curb unions (Reuters)
  • Special report on Glencore: The biggest company you never heard of (Reuters)... actually that would be the DTCC
  • US Warns Extreme Food Prices Will Stay (FT)
  • Gotta love Bloomberg headlines: Fannie Mae, Freddie Mac Seek $3.1 Billion Amid Improved Earnings (Bloomberg)
  • More completely expected criminal fraud out of Citigroup: What Vikram Pandit Knew, and When He Knew It (Bloomberg)
  • CFTC, SEC halt criminal investigations, blame lack of money (WSJ)
  • Sentance Says BOE Must Tighten Now to Prevent Tough Moves Later (Bloomberg)
  • House Republicans Move to End U.S. Foreclosure Aid Criticized as Harmful (Bloomberg)
  • Russia's Terrorists Threaten Olympics Amid Focus on Sochi (Bloomberg)
  • U.S. Seeks Backing for Action to End Libya Bloodshed (Reuters)
  • Boeing Tanker Win Keeps 767 Alive, Eases Sting From Delays (Bloomberg)
  • Obama Tells Panel U.S. Recovery Harmed by Jobless Rate (Bloomberg)
  • France, U.K. Seek Sanctions on Libya (WSJ)
  • China's Stealth Investments in Japan (WSJ)
  • Algeria lifts 19-year-old state of emergency (Reuters)
  • Why We Should Choose the Alternative Vote (Wolf) (FT)

European Economic Highlights

  • German CPI February 0.5% M/M vs Exp. 0.5% M/M (previous 0.4%)
  • France Consumer Spending for Jan -0.5% m/m 2.4% y/y - higher than expected.Consensus -0.7% m/m 2.6% y/y. Previous 0.4% m/m 0.1% y/y.
  • Norway Unemployment Rates for Feb 3.0% - in line with expectations.Consensus 3.0%. Previous 3.1%.
  • Spain Producer Prices 2.4% m/m 6.8% y/y - higher than expected. Consensus 1.3% m/m 5.7% y/y. Previous 0.9% m/m 5.3% y/y.
  • Switzerland KOF Leading Indicator 2.18 - higher than expected.  Consensus 2.06. Previous 2.16.
    UK Q4 GDP -0.6% q/q 1.5% y/y – lower than expected. Consensus -0.5% q/q 1.7% y/y.
 


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Fri, 02/25/2011 - 10:44 | Link to Comment Oh regional Indian
Oh regional Indian's picture

In urdu and hindi, the word for billion is Arab, the etymological root of Arab-ia. 

And Saudi calls, facepalms/books, twits to the slaughter... if Libya was harsh, whatch what the Zionist, Wahabi Jews who run SA will do. And what the US will do to "support" their "allY" who might be where this whole thing is going with Iran as the distraction.

 

ORI

http://aadivaahan.wordpress.com/2011/02/25/wisdom-for-warriors-7/

Fri, 02/25/2011 - 09:22 | Link to Comment SilverIsKing
SilverIsKing's picture

Did you hear the one about the CFTC, SEC halting criminal investigations?  I would tell you but it's not very funny.

Fri, 02/25/2011 - 10:32 | Link to Comment MsCreant
MsCreant's picture

Clawbacks Bitchez. We need to give prosecutors a percentage of the take to give them proper incentive. Hell, make it like bounty hunting, have private folks out there do the leg work to put some of the cases together, and if your case wins, you get a cut.

Fri, 02/25/2011 - 09:28 | Link to Comment Catullus
Catullus's picture

Wait, the models for CDOs at Citi weren't in a controlled environment?  Kind of throws a big "WTF" into market to model....  Oh wait.  We can't even suggest that or the gremlins will come back.

Fri, 02/25/2011 - 10:02 | Link to Comment Careless Whisper
Careless Whisper's picture

I got magic. I got poetry in my fingertips.  (charlie sheen)

charlie sheen stands up to big ego hollywood elitists. they retaliate and cancel show. cbs shareholders pay the price.

http://www.youtube.com/watch?v=h4Iz0p0E_RY

 

Fri, 02/25/2011 - 10:04 | Link to Comment UninterestedObserver
UninterestedObserver's picture

Is poetry the new word for cocaine?

Fri, 02/25/2011 - 10:25 | Link to Comment LongSoupLine
LongSoupLine's picture

Gensler has got to be the biggest fraud going next to the Bernank.

I hope that fuk gets hit by an armored silver delivery truck!

Fri, 02/25/2011 - 10:38 | Link to Comment GoinFawr
GoinFawr's picture

Re: Cheese Country

"First they came for the Socialists, and I did not speak out --
Because I was not a Socialist.

Then they came for the Trade Unionists, and I did not speak out --
Because I was not a Trade Unionist.

Then they came for the Jews, and I did not speak out --
Because I was not a Jew.

Then they came for me -- and there was no one left to speak for me. "

Martin Niemoller

Bring on the junks you duped right wing loonies, you're eating your own tails. If you think this is going to lower your taxes you're even stupider than you look.

Fri, 02/25/2011 - 14:37 | Link to Comment Temporalist
Temporalist's picture

 

Bank of India becomes first to offer trade settlement in yuan

"BEIJING: Bank of India has become the first Indian bank to offer trade settlement facility between the rupee and the Chinese RMB from Hong Kong. This follows intense persuasion by the China Banking Regulatory Commission, which is trying to gain acceptance of the RMB as an international currency."

http://timesofindia.indiatimes.com/world/china/Bank-of-India-becomes-fir...

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