Now That The Banker Bailout Plan Is Set, Here Are The Greek Islands About To Hit Ebay And Fund Another Record Wall Street Bonus Season

Tyler Durden's picture

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Atomizer's picture

We have already watched this movie before. This rings deja vu of Dubai crisis.

In case you forgot..

http://www.guardian.co.uk/business/2010/mar/04/greece-sell-islands-german-mps

Manthong's picture

In accordance with my PM investment themes, I wish to place a bid for the Silver Moon Bar in Ag. Stefanos.

TradingJoe's picture

For the "right",( IMF discounted :)) ) price, I'll buy Zakynthos any day!

Duuude's picture

 

Heh heh heh...

 

Fedophile's picture

Please excuse my naivete, but how do I short Greece and the EUR?

Brian's picture

Here's a link to a short article on how to short the EUR through an ETF:

http://www.marketwatch.com/story/euro-etf-provides-hedge-against-us-dollar

traderjoe's picture

As a reformed deflationista - I would argue the only short that makes sense with all the money printing is to buy gold, silver, and other applicable hard assets. I have serious questions about whether you'll get paid as a short when the SHTF, and even if you do, it'll be in confetti currency.

mccoyspace's picture

The eft EUO is a Euro short fund.

But of course the Euro is surging with all of these wonderful "developments."

scatterbrains's picture

so when it's all said and done and the pigmen own all of Greece's best assets I should go on vacation there spending my hard currency knowing that the proceeds will funnel back to the pigmen ? That sounds as enjoyable to me as booking a vacation to the BP spill platform.  Iceland is sounding more and more like a vacation oasis to me.

Rodent Freikorps's picture

Why do you all blame banks?

It takes a government to fuck things up so badly that even the proles are moved to outrage.

Banks didn't bail themselves out.

Shell Game's picture

You're right, we shouldn't despise Frankenstein, we should despise Dr. Frankenstein..

I'm a deep believer in the goal of free markets and capitalism.  But, my friend, these are Not banks.  They are corporatized weapons of mass looting and deserve no defense.  End the iBanks, end this .gov

Rynak's picture

False dilemma. The choice is not necessarily "either-or".

Thomas's picture

There is no problem that is so large, so onerous that government cannot make it worse."

paraphrased from Henry Morgenthau

carbonmutant's picture

"Any problem can be solved with a sufficient application of high explosives."

Rodent Freikorps's picture

I'm gonna remember that when they ask me how to fix welfare.

MisterMousePotato's picture

Actually, a belt fed weapon is the ticket.

HamyWanger's picture

Hilarious. Like I said. No restructuring. Greece will be entirely looted, and Greeks will never revolt, because if they were going to do it, it would have already been done a long time ago. 

Pigmen: 1

Goldbugs: 0

Eally Ucked's picture

Partially right

Pigmen:1

Idiots:0

chump666's picture

And their gift to the people of Greece...a higher oil price.

Place your bets for complete Greek turmoil (and the rest of Europe)

Hulk's picture

Correction Hamy:


Pigmen: 1

Goldbugs: 1533

Problem Is's picture

Fiat:Gold = 1:1,533

Nice call Hulk...

dolly madison's picture

The world will revolt, and the greek will be among them.  Just wait and see.

 

Barb Dwire's picture

Don't laugh. Soon the US will be trying to sell a bridge to Brooklyn. Many times.

edotabin's picture

Fractional bridge investment theory?

Canucklehead's picture

...So now that Germany has sacrificed it ruling class to banker interests, and Europe knows all too well just who is calling the shots, the ball is back in Greek court...

The European banks are the aristocracy, the oligarchs, the nobility, etc.  The old royal families don't own businesses, they own european banks or they are invested in hedge funds (Soros).  The major problem is too many small european banks competing for business, prestige, political influence, etc...

This unravelling of competing interests should be interesting.

nah's picture

ok im stupid what is growth

mynhair's picture

When do they allow the US bailout?

O/T, which repubes are voting yea on the ceiling raise?

Update: was 2 for yea, now just 1.

Update 2:  that one got bitch slapped into NV

Rainman's picture

Asset sale..great idea....Kali can sell Catalina Island and nobody would notice. Alcatraz next. Store this strategy into memory for Jerry's garage sale. Start with the islands.

southsea13's picture

Although the Acropolis has seen better(?!) days, do not be surprised if it undergoes a massive `revamp` (we`re talking full auto-shading glass to reflect the fierce Greek summer temperatures, complete with environment-caning air-con. Also, Greek, Hungarian and Russian `hotties` will be brought in to walk around as toga-clad domestic servants. No doubt tasteful Roman-style baths will also be installed (powered by genuine Greek indentured wage-slaves to keep the hypocausts up and running); there will be other sundry luxuries in keeping with the whole `antiquity` theme).

Group bookings welcome at $10,000 per person per night; special discounts for Bilderberg members.  

Lord Welligton's picture

Does the Greek government "own" any islands?

donde1's picture

What a great question. 

Does the Greek government work for the people? Which would mean the people own the islands. Right?

darteaus's picture

The only change I'd suggest is to substitute the term "European politicians" in place of "European governments".  It's the greed of individual politicans that is, by far, the great destroyer.

Amish Hacker's picture

A fine point, darteaus, but perhaps a valid one. Ambrose Bierce defined politics as "the conduct of public affairs for private advantage." As for greed and perfidy at the individual level, that's been the rule ever since Adam and Eve got dressed.

duncecap rack's picture

Can this be blocked by the true Finns or other dissenting parties?

ISEEIT's picture

When nice guys like me feel like vomiting, it's already to late. So genocide only counts if there is blood eh?

Bullshit. The EUR evil is a takedown of culture. It is a takedown of individuals. It is a takedown of free people. Don't let yourselves be raped like this. We would have helped you in a better time. I so adored and envied you sweet people in Amsterdam and Wiesbaden. I was in awe of your maturity. There I was, a dumb punk American soldier. Had no idea of empire. I was just 22 years old.

I aplogize and I hope you fight back.

I need to go take a shower now. Yuk!

Rodent Freikorps's picture

No kidding. You need to wash the shit off your nose. Could you be any lamer?

Eally Ucked's picture

You should join the ritual wash because you have shit all over you, can't you smell it?

Rodent Freikorps's picture

I don't smell like shit.

That is your upper lip. Fix yourself.

Eally Ucked's picture

You cannot smell anything that means you have some problems. Think about it.

 

 

Eally Ucked's picture

You can smell me? You must be an expert on sniffing asses. Good luck on your carrier, have more asses to apply your senses to.

Rodent Freikorps's picture

I'll accept your lameness as surrender.

Matto's picture

How's being a total penis going for you?

Rodent Freikorps's picture

Chicks dig me. What other measure is there?

Eally Ucked's picture

Really? They're going for you? I have to believe it if you say so

 

Bananamerican's picture

"chicks dig me."

...you mean like "real chickens" don't you!!!?

Hephasteus's picture

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