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The Meeting Deciding The Fate Of Greece Is Now In Session

Tyler Durden's picture




 

Headline which tells you all you need to know:

15:32 03/09 GREEK PRIME MINISTER ENTERS MEETING WITH US TSY'S GEITHNER

 

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Tue, 03/09/2010 - 16:38 | 259484 BlackBeard
BlackBeard's picture

5$ on 69 and then greek style.  Pompodroo gets top, Timmay takes bottom.

Tue, 03/09/2010 - 16:39 | 259489 lizzy36
lizzy36's picture

where do summers and ben shalom fit?

Tue, 03/09/2010 - 16:43 | 259499 BlackBeard
BlackBeard's picture

In each other's asses of course!

Tue, 03/09/2010 - 16:48 | 259511 lizzy36
lizzy36's picture

thx for the visual

Tue, 03/09/2010 - 16:58 | 259524 BlackBeard
BlackBeard's picture

Just sayin' what everyone's thinkin'...

Tue, 03/09/2010 - 17:02 | 259537 hedgeless_horseman
hedgeless_horseman's picture

Quick, send this text to Timmy.

Q:  How do you seperate the Greek men from the boys?

A:  With a crow-bar.

Tue, 03/09/2010 - 17:11 | 259555 SWRichmond
SWRichmond's picture

sorry lizzy, but I'm afraid you started it above: "where do summers and ben shalom fit?"

Tue, 03/09/2010 - 16:43 | 259500 Cognitive Dissonance
Cognitive Dissonance's picture

PIGG pile.

Tue, 03/09/2010 - 17:38 | 259626 monmick
monmick's picture

Who is the hypotenuse in this love triangle?

Tue, 03/09/2010 - 20:53 | 259939 JohnG
JohnG's picture

Blankface, of course.

Tue, 03/09/2010 - 16:59 | 259528 doublethink
doublethink's picture

 

Paulson: "Gre...gre...greek...en...en..enters...Gei...gei...geithner.

 

Tue, 03/09/2010 - 16:40 | 259492 Hephasteus
Hephasteus's picture

Is that US treasury tim geithner or IMF chair tim geithner

Tue, 03/09/2010 - 17:03 | 259538 cougar_w
cougar_w's picture

Depends on which checkbook he brought with him.

Tue, 03/09/2010 - 17:05 | 259543 Haywood Yablomi
Haywood Yablomi's picture

Is there really a difference?

Tue, 03/09/2010 - 17:15 | 259571 Hansel
Hansel's picture

+1, extra-constitutional second jobs FTW!

Tue, 03/09/2010 - 16:43 | 259501 Sancho Ponzi
Sancho Ponzi's picture

Timmy may soon be the proud owner of a Greek island. 

Can I put a bid in on Lesbos?

Tue, 03/09/2010 - 16:49 | 259508 hedgeless_horseman
hedgeless_horseman's picture

You can have it.  Terrible drivers, and at any given time 25% of the population is pissed off.

Tue, 03/09/2010 - 16:59 | 259529 Sancho Ponzi
Sancho Ponzi's picture

There goes another fantasy of mine. I suppose I'd be pissed off too, if I had to deal with German tourists all day.

Tue, 03/09/2010 - 17:13 | 259566 Anonymous
Anonymous's picture

WORD!! Because trust me, there isnt much worse, than having to deal with German tourists...yuck!

Wed, 03/10/2010 - 02:42 | 260301 Anonymous
Anonymous's picture

Halt die klappe du verdammter idiot.Bist du verruckt? Sag mal, hast du den arsch offen? Was mache ich hier mit diesem FIESEN FETTSACK und seinem hirnlosen freunden.

Wed, 03/10/2010 - 11:02 | 260494 Whizbang
Whizbang's picture

Shouldn't it be Haben Sie? Try to keep things civil.

Tue, 03/09/2010 - 16:47 | 259505 Fritz
Fritz's picture

If Greece is looking for advice/help from timmay you know they are in a world of shit.

 

Tue, 03/09/2010 - 17:12 | 259559 bugs_
bugs_'s picture

+1 drachma! LOL

 

Tue, 03/09/2010 - 16:47 | 259506 Bear
Bear's picture

Just another USA bailout ... what's new? ... we knew this was going to happen all the time ... USA is bailer of last resort

Tue, 03/09/2010 - 16:50 | 259513 Internet Tough Guy
Internet Tough Guy's picture

Greco roman wrestling for the bailout? 2 out of 3 falls?

Tue, 03/09/2010 - 21:13 | 259977 Anonymous
Anonymous's picture

They're playing quarters with ouzo in a shot glass.

Tue, 03/09/2010 - 17:03 | 259519 hedgeless_horseman
hedgeless_horseman's picture

15:51 03/09 Transatlantic cable sent by GS to Berlin office.  "You bought bunds, right?"

15:58 03/09 GS office in Berlin replies, "Yes, all of them, just like agent "Turbo" told us to do."

 

Tue, 03/09/2010 - 16:56 | 259520 SDRII
SDRII's picture

bond deals (lol)..Congress is in a giving mood.

March 9 (Bloomberg) -- A $138 billion plan to extend unemployment benefits through the rest of this year cleared a procedural hurdle in the U.S. Senate as lawmakers moved closer to putting the measure to a final vote. The vote today was 66-34, with 60 needed to advance the measure. It also would provide $25 billion to help states balance their budgets and continue more than 50 tax cuts for businesses and individuals. The bill would prevent a 21 percent cut in Medicare reimbursements to doctors and temporarily ease corporate pension-funding requirements. The measure, partly financed by offsetting savings, would add $97 billion to the deficit, according to the nonpartisan Congressional Budget Office. Senator Jim Webb, a Virginia Democrat who proposed an amendment to impose a 50 percent tax on bonuses awarded last year to Wall Street executives, said his plan is unlikely to receive a vote. “It’s looking a little grim,” Webb said, though “we’re still trying.” Today’s measure includes $36 billion in tax cuts and $102 billion in spending increases. The extension of unemployment benefits would continue a 65 percent subsidy under the Cobra program to help the jobless buy health insurance. The national unemployment rate held steady at 9.7 percent in February. Each percentage point rise in the unemployment rate increases the number of uninsured Americans by 1.1 million, according to the Congressional Research Service.

Tue, 03/09/2010 - 17:19 | 259590 Hansel
Hansel's picture

How is one debt junkie (U.S.) in any position to give advice to another debt junkie (Greece)?

Tue, 03/09/2010 - 17:23 | 259595 hedgeless_horseman
Tue, 03/09/2010 - 16:57 | 259522 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

oh, because i have been waiting all day to hear about greece, again.  this dog and pony show is ri dic u lous!

Tue, 03/09/2010 - 17:04 | 259539 GlassHammer
GlassHammer's picture

Did it just get real?

 

:)

Tue, 03/09/2010 - 17:04 | 259540 Shameful
Shameful's picture

And Greece is as good as bailed out. While the Germans will get pissed at a bailout I'm sure the US bailing out Greece would be met with hardly more then a whimper. Granted I still expect it to happen under the table, have it as a gift that can later be revealed to the American people. And we need the banks to be able to get their fees.

I'm having a flashback of Ghostbusters "No job to big! No fee to big!"

Tue, 03/09/2010 - 17:06 | 259545 hedgeless_horseman
hedgeless_horseman's picture

Pissed?  They'll be dancin' in the streets except for the exporters competing against the US.

Tue, 03/09/2010 - 17:12 | 259563 Shameful
Shameful's picture

I was not explicit. I meant that the Germans might riot if they are forced to bailout Greece while Americans will just grimace and bear it if/when they are forced to bail Greece out. Naturally Germany would be happy with America waster it's money.

Tue, 03/09/2010 - 17:15 | 259573 Anonymous
Anonymous's picture

How is it that you Americans have taken these bailouts with pretty much NO protest? I dont get it.

You have been looted blind from within, and you just sit there and TAKE IT??!! What am I missing?

Tue, 03/09/2010 - 18:49 | 259764 faustian bargain
faustian bargain's picture

A lot of good episodes of Lost and American Idol, apparently.

Tue, 03/09/2010 - 19:07 | 259790 Shameful
Shameful's picture

Chemicals in the water, constant propaganda from the TV and other news/entertainment sources, schools that put prisons to shame, political correctness run wild. Basically your standard full spectrum attack on a group. That and simply people who are fat and happy usually are not aware of what is happening around them. Really most of us have it coming sadly.

Tue, 03/09/2010 - 17:20 | 259591 hedgeless_horseman
hedgeless_horseman's picture

Yes, of course.  Sorry, old man, for jumping on you like that.  It's just this whole TEOTWAWKI thing has got me a bit on edge.

Tue, 03/09/2010 - 17:26 | 259598 Shameful
Shameful's picture

lol no worries. Like I said I reread what I wrote and I can totally see how it could be taken in the way you saw it. I blame the fact I hate proofreading :) We should be thankful that at least they are trying to kick the can, the black hole of debt is already infinity large so it's a complete game changer when it blows up anyway. Gives us a chance to get ready for the nightmare ride that we are going to be forced into.

Tue, 03/09/2010 - 17:08 | 259551 Cognitive Dissonance
Cognitive Dissonance's picture

I wonder if the Greek bailout will comes as a sum of money loaded on a Citi debit card? I mean, if you're gonna do it, you might as well do it right and spread the wealth. 

Tue, 03/09/2010 - 17:07 | 259549 Anonymous
Anonymous's picture

Exiled headline:

Message To Greece: We’ll Crack Down On Our Wall Street Speculators As Soon As You Stop Fucking Our Vacationing Girlfriends

Tue, 03/09/2010 - 17:09 | 259553 Sancho Ponzi
Sancho Ponzi's picture

Maybe Timmy will tell Greece to stick it and set off a mild panic, just in time to sell some 10 and 30 year treasuries

Tue, 03/09/2010 - 17:09 | 259554 faustian bargain
faustian bargain's picture

Greek PM walks into the room. TG is sitting on the divan in a white terrycloth robe, smoking a mint cigarette. He looks up, his smile giving way to disappointment.

"What...aw man, I thought you said you were bringing grease to the office!"

He pauses, thinks a moment, then shrugs. "Oh well. Bring him over."

Tue, 03/09/2010 - 17:11 | 259557 Anonymous
Anonymous's picture

Sending the PM to Geithner would be like sending your kid over to Jeffrey Dahmer's pad for a little babysitting....

YIKES!!! Run while you still can!!

Tue, 03/09/2010 - 17:12 | 259558 MsCreant
MsCreant's picture

 

Give Greece statehood. They can at least pay in taxes to the US Gov.

Tue, 03/09/2010 - 17:14 | 259567 Shameful
Shameful's picture

Shit they wouldn't even be a bad state as far as budget crisis goes. IL, CA, NY, AZ all put Greece to shame!

Tue, 03/09/2010 - 18:44 | 259761 MsCreant
MsCreant's picture

We already have military there. But then again, we got military everywhere...

http://www.globemaster.de/regbases.html

Tue, 03/09/2010 - 17:13 | 259565 bugs_
bugs_'s picture

Are all my fates so small?

Tue, 03/09/2010 - 17:15 | 259572 Anonymous
Anonymous's picture

Yesterday: KC-767 or KC-30 ?
Today: F16 or Eurofighter ?

Tue, 03/09/2010 - 17:16 | 259577 faustian bargain
faustian bargain's picture

All I want to know is, how much is this going to cost us. Because I know we're not going to be getting anything of value back.

Tue, 03/09/2010 - 17:19 | 259588 Anonymous
Anonymous's picture

Barry gets a bright idea and suggests to Gibbs to order in a few Gyros, instead of 5 Guys burgers, the usual. During lunch, he drips some gyro sauce on Timmy's bailout plan, pissing off Turbo tax Timmy. Come on Barry, get the fuck outta here, this is serious. Barry says sorry and goes back to his office to play solitaire with his gyro. Ok, I dont get none of this math shit anyhow!

Tue, 03/09/2010 - 17:25 | 259599 Anonymous
Anonymous's picture

Why anyone would touch any Greek bonds, when the government is saying they have issued fraudulent bonds, is beyond me.

Tue, 03/09/2010 - 17:25 | 259601 Missing_Link
Missing_Link's picture

Prime minister?

Subprime minister is more like it.

Tue, 03/09/2010 - 17:31 | 259613 BlackBeard
BlackBeard's picture

How about pimp monster?

 

Tue, 03/09/2010 - 17:37 | 259624 MsCreant
Tue, 03/09/2010 - 18:21 | 259718 Missing_Link
Missing_Link's picture

If Greece's finances continue to deteriorate, I'm sure there'll be pimpin' aplenty, and everyone will be able to get a little Greek at a deep discount.

Tue, 03/09/2010 - 18:53 | 259773 faustian bargain
faustian bargain's picture

talk about sheepdip!

Tue, 03/09/2010 - 17:25 | 259602 Pound Of Flesh
Pound Of Flesh's picture

Geitner doesn't do his own taxes yet he's willing to help Greece figure out their tax problems? Going long on Turbo Tax.

Either the discussion is on how to hide your problems or how to save Goldman and either way Greece is fk'ed.

Tue, 03/09/2010 - 17:26 | 259603 SilverIsKing
SilverIsKing's picture

Make room on the American Flag for another star.

Tue, 03/09/2010 - 17:35 | 259621 MsCreant
MsCreant's picture

Lotsa PIIGSy stars, bro. Lottavum. Haiti too.

Tue, 03/09/2010 - 17:32 | 259615 Anonymous
Anonymous's picture

Geitner is going to bow to the Greeks so he can come home with a nice block of Feta Cheese and a Gyro.

Tue, 03/09/2010 - 17:56 | 259672 Anonymous
Anonymous's picture

Those high speed Heidleberg presses are going to have to be modified to run at even a higher speed. Ooops, keep forgetting, no one can print the dollar amounts that are so easily wired around the world.

Tue, 03/09/2010 - 18:36 | 259743 Anonymous
Anonymous's picture

US got any missile bases in Greece? ... can bet they will in the near future.

Tue, 03/09/2010 - 20:03 | 259865 Anonymous
Anonymous's picture

Yes, and then we may not need to worry about Turkey's public opinion, not that it's mattered much so far.

Tue, 03/09/2010 - 20:18 | 259878 williambanzai7
Tue, 03/09/2010 - 20:19 | 259879 virgilcaine
virgilcaine's picture

The Grecians are going to pay 6-7-8% to borrow, Bailout or not.  The default is secure the date

hasnt been set yet.

 

 

Tue, 03/09/2010 - 20:31 | 259900 Anonymous
Anonymous's picture

A $138 billion plan to extend unemployment benefits through the rest of this year cleared a procedural hurdle in the U.S. Senate. How dare they says Dick cheney and jim bunning ????????? usa spends its money on no bid contracts in iraqnam , why waste money on americans ??????????? american taxpayer loves no bid contracts says john MCcain ????????

Tue, 03/09/2010 - 20:38 | 259909 virgilcaine
virgilcaine's picture

An aging rising stock market has a way of hiding the blemishes.

Tue, 03/09/2010 - 22:34 | 260080 Psquared
Psquared's picture

So I guess the Fed. Reserve will be buying Greek sovereign debt after all. Oh Mr. Bernanke, ... yoo hoo ... Mr. Paul is on the line.

Okay, so this is how it goes down. We overtly loan money to Greece from the TARP funds that have not been used, (how many times can you spend the same dollar?) while on the sneak BB buys up a bunch of Greek Bonds to ... gulp ... keep Greek rates down so they can float more debt.

Sound familiar? QE = GE. (Greco Easing)

So, then with more debt on the Fed/Tsy books the dollar will plunge vs. the Euro, we get another round of dollar carry trade and another leg up on the DOW. I'd say 12,000 by June.

Thu, 03/11/2010 - 23:58 | 262812 Anonymous
Anonymous's picture

Going to go eat a gyro to celebrate!

Thu, 04/15/2010 - 10:13 | 301895 mark456
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