• Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.
  • Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.

Greek Opposition Leader Samaras Says Will Not Agree To Austerity Measures

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Fri, 05/27/2011 - 11:21 | 1316717 hugovanderbubble
hugovanderbubble's picture



Credit Agricole is in default



33.000 Mn in Greek Bonds


Amundi Mutual Funds = Massive Bond Destruction Weapon.---


Sell French banks (or short´em) and Long France CDS 2 & 5 yrs.


They wont pass the stress tests( Tricky ones vs real mark to market rulez )

Natixis Sell

BNP Sell

Socgen Sell




Fri, 05/27/2011 - 11:24 | 1316782 rockraider3
rockraider3's picture

Oh come on.  Then who the hell is going to sponsor all these cycling teams?

Fri, 05/27/2011 - 11:29 | 1316818 Dr. No
Dr. No's picture

could be AIG.  Everytime I see one of those soccer jerseys I shake my head.  how about paying that sponser money back?

Fri, 05/27/2011 - 11:32 | 1316837 hugovanderbubble
hugovanderbubble's picture

My bet is SPX 1220-1250 next weeks (discounting end of QE2)

Fri, 05/27/2011 - 12:21 | 1317066 Harlequin001
Harlequin001's picture

Why isn't the Greek govt doing what Goldman would? load up on twice as mush credit default swap and then well, just default.

Greece makes twice the loss and lives happily ever after. That IS what the derivatives market is for isn't it?

and Goldman have got to be good for the risk haven't they.

I mean Lloyd says so, and we can believe him can't we?

He is after all, a respectable banker is he not...

Fri, 05/27/2011 - 11:34 | 1316825 hugovanderbubble
hugovanderbubble's picture

Saxo Bank...the one one sponsors Cancellara Doping Electric Bike?

Credit Agricole * The one which has bet In Cristophe Moreau for decades to be the Tour leader?

Rabobank Another Dutch Scam Bank

-Cycling is a nice sport, but Proffesional Cycling is a farce, cos its sadly a business without ethics.

Fri, 05/27/2011 - 12:13 | 1317039 EscapeKey
EscapeKey's picture

Saxo Bank = Danish, not Dutch.

Fri, 05/27/2011 - 11:25 | 1316790 Herman Strandsc...
Herman Strandschnecke's picture


Fri, 05/27/2011 - 11:20 | 1316724 Pepe
Pepe's picture

Well if the US is an example of "NEED TAX RATE REDUCTION FOR GROWTH", then Samaras is dead wrong

Fri, 05/27/2011 - 11:20 | 1316727 SheepDog-One
SheepDog-One's picture

Just think 'Iceland', Greeks.

Fri, 05/27/2011 - 11:20 | 1316731 bugs_
bugs_'s picture

greece, just end it.  be spartans.

Fri, 05/27/2011 - 11:34 | 1316824 Mountainview
Mountainview's picture


Fri, 05/27/2011 - 11:33 | 1316843 Pepe
Pepe's picture

Σαμαρ?ς does not have to worry: Goldman takes care of him

Fri, 05/27/2011 - 11:23 | 1316734 Yardfarmer
Yardfarmer's picture

making for a still larger Chinese footprint on the archipelago.

Fri, 05/27/2011 - 11:26 | 1316778 dracos_ghost
dracos_ghost's picture

Yeah, waiting for the newsflash: Greece renamed New China, drachma replaced with yuan.

Fri, 05/27/2011 - 11:42 | 1316863 hedgeless_horseman
hedgeless_horseman's picture

First, there was, "one country two systems."

Now, one country two continents?

When playing the game Risk, it is always difficult to start out with Asia, generally next gaining Australia (check), then go for Europe.

Fri, 05/27/2011 - 11:21 | 1316739 Racer
Racer's picture

Seems the Euro is loving this news

Fri, 05/27/2011 - 11:23 | 1316781 slaughterer
slaughterer's picture

He is the opposition, what is he supposed to say?  And isn't his instinct correct?  Wouldn't we all love to see the Greek state be the 2011 Lehman event?  

Fri, 05/27/2011 - 14:51 | 1317761 CrashisOptimistic
CrashisOptimistic's picture

Nope.  The dollar just has nothing to love, more or less from now on.

Fri, 05/27/2011 - 11:23 | 1316744 MacedonianGlory
MacedonianGlory's picture

Samaras is the New Leader of the Greeks.

Papandreou will go to JAIL soon.

Fri, 05/27/2011 - 11:39 | 1316857 Josh Randall
Josh Randall's picture

Wait - Pete Sampras did what now ?

Fri, 05/27/2011 - 11:48 | 1316901 Problem Is
Problem Is's picture

Hit Jean-Claude Trichet in the balls with one of those 130mph serves...

Fri, 05/27/2011 - 11:20 | 1316750 Rodent Freikorps
Rodent Freikorps's picture

Why not just club him?

Fri, 05/27/2011 - 11:23 | 1316751 lizzy36
lizzy36's picture

Please god let the foreplay end. Lets get on to the finale.


Fri, 05/27/2011 - 11:29 | 1316803 firstdivision
firstdivision's picture

I thought women loved foreplay?!?

Fri, 05/27/2011 - 11:29 | 1316817 SheepDog-One
SheepDog-One's picture

Well yea, but after a while it just becomes harassment.

Fri, 05/27/2011 - 11:41 | 1316870 firstdivision
firstdivision's picture

not according to the IMF ;-)

Fri, 05/27/2011 - 11:44 | 1316897 Sean7k
Sean7k's picture

Best set of four replys in  a long time. Lol.

Fri, 05/27/2011 - 11:20 | 1316753 buzzsaw99
buzzsaw99's picture

Uppity Greek. He must think they are the usa. Double standard bitchez!

Fri, 05/27/2011 - 11:24 | 1316774 Weisbrot
Weisbrot's picture


thats right the greek government only lies on their financials


and the US prints charmin.... or is it pesos.... uh fiat perhaps.....   seems more like yugos....




Fri, 05/27/2011 - 12:33 | 1317111 knukles
knukles's picture

I resent that comment, implying hypocrisy with double standards. 
The USA has no standards.

Fri, 05/27/2011 - 11:26 | 1316776 Quintus
Quintus's picture

I like this Samaras guy.  Particularly the 'Won't accept being blackmailed' part.  If this spirit spreads more widely among the political classes, what will the bankers do without their threats of M.A.D. whenever they fancy helping themselves to some more public money?

Fri, 05/27/2011 - 11:26 | 1316806 slaughterer
slaughterer's picture

What is the symbol for betting on what day Greece declares formal bankruptcy?  Where do I find it on my Bloomberg?

Fri, 05/27/2011 - 11:35 | 1316853 hugovanderbubble
hugovanderbubble's picture

The important day is the haircut date and the quantity of that haircut

Just look at the Greek 30 yrs bond . Completly bizarre....-60% to par.


Jail to every1

Fri, 05/27/2011 - 11:39 | 1316874 MacedonianGlory
MacedonianGlory's picture

@ Quintus

Samaras said:  "We do not accept blackmail canceling the meaning and content of DEMOCRACY"

We Greeks are proud that we have a true Leader like Samaras

Fri, 05/27/2011 - 11:27 | 1316786 Gordon Freeman
Gordon Freeman's picture

OK--so, no austerity!  What else ya got??

Has it ever occured to these mooks that the, um, "austerity" is coming anyway, ready or not?

Fri, 05/27/2011 - 11:32 | 1316833 Rodent Freikorps
Rodent Freikorps's picture

No, none of them have ever known anything but manna from socialist heaven.

Austerity is not part of their reality.

Fri, 05/27/2011 - 13:05 | 1317252 downwiththebanks
downwiththebanks's picture

The NaziRat thinks everyone was born a slave to the Banker-Gangsters, because he serves the Banker-Gangsters.

In the end, they'll get him, too.  But until then, he'll always be first in line to attack the working people of the world.

That's why fascists are the perfect useful idiots for White Capital.  

Fri, 05/27/2011 - 12:08 | 1317033 centerline
centerline's picture

It's coming anyway is corrrect.  In big way.  The choice now is whether or not one pays up front for it as well.  Likewise, if they pay, the pain will be even worse.

Fri, 05/27/2011 - 12:46 | 1317178 el Gallinazo
el Gallinazo's picture

Right. Austerity with or without being a debt slave in perpetuity to the IMF and the banks to the north. Greece should just do a reset to the New Drachma, hang their bankers and politicians, and get back to planting olive trees. Right now the Greek politicians remind me of the famous scene in Blazing Saddles when Cleavon Little holds his revolver up to his own head in front of all the townspeople and threatens to "shoot this nigger." But the difference is that the banks have more to lose than the Greek people, so it's a real stand off threat.

Fri, 05/27/2011 - 13:04 | 1317255 downwiththebanks
downwiththebanks's picture

Pay whom?  The Banker-Gangsters? Why in the WORLD should that be the government's priority?  

Fri, 05/27/2011 - 11:25 | 1316788 firstdivision
firstdivision's picture

Is this as credible as the "True Finns"?  Anyone in politics is just rable rousing, then once in office, they do the same as the previous politicians. 

Fri, 05/27/2011 - 12:08 | 1317027 Jack Sheet
Jack Sheet's picture

..right.. or as credible as Enda Kenny

Fri, 05/27/2011 - 11:27 | 1316809 Catullus
Catullus's picture

You could always pay them in drachmas. Just saying.

Fri, 05/27/2011 - 11:43 | 1316894 slaughterer
slaughterer's picture

Whatever haircut the Euro IBs and ECB take on the Greek junk debt they can make back shorting the DrachmeII.  Money out money in.

Fri, 05/27/2011 - 12:12 | 1317045 centerline
centerline's picture

Not if the "collateral" was given away.  This will be a crisis of faith soon enough.  And I dont think backing the new Drachma with cucumber sauce is going to win anyone over.

  (edit... however, cucumber sauce ON the new currency might make it edible).

Fri, 05/27/2011 - 11:27 | 1316813 buzzsaw99
buzzsaw99's picture

Obviously those Greeks don't know who they're effing with.


Fri, 05/27/2011 - 11:31 | 1316832 tao400
tao400's picture

dude, that was beyond awesome. It really was. Kneel you Greek swine, kneel.

Fri, 05/27/2011 - 11:47 | 1316911 hedgeless_horseman
hedgeless_horseman's picture

flag as awesome (1)

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