Frontrunning: June 13

Tyler Durden's picture

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Cdad's picture

Finally....some truly good news: http://www.myfinances.co.uk/savings/2011/06/13/lloyds-strategic-review-c...

"Lloyds Banking Group is set to cut a further 15,000 jobs once a strategy review of the bank is published by chief executive Antonio Horta-Osorio at the end of this month."

spanish inquisition's picture

Why Not Go For 5% Growth?

What a great idea. What is the reality of the man proposing 5% (Pawlenty)? The reality is rather than trying to effect change in Minnesota, he used accounting shifts and pushed spending back onto communities. Now Minnesota is looking at a government shut down trying to close a $5 Billion dollar gap that he left.

Taylor just got suckered by a politician trying to get elected.

fonestar's picture

Well at least stocks "climbed modestly higher on Monday."

Not because there was any fundamental changes over the weekend, not because there was any good news from anywhere at all.  Sentiment just dictates that you can't have a totally uninterrupted losing streak.

"Hey, the grass looks greener over there!  Moo!  Moo!"