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Overalottment: June 25

Submitted by Tyler Durden on 06/27/2009 18:46 -0400

Time to adjust those durable goods numbers? Quantas cancels/defers 30 plane orders (Bloomberg)
But all is good: somehow, somewhere Asia sees optimism in more than just efficient market manipulation (Bloomberg)
Now they are gunning futures after hours... and this post should technically be in Frontrunning (Market Ticker)
Office building in Denver sells for 9% cap rate, below replacement cost (Denverpost, h/t Ian)
Plain Vanilla financing could melt bank profits (WSJ)
Gerber proves to be just another pawn on the auto task-force's chess board (NYT)
Bernanke denies Fed threatened anyone over anything... not that he can remember anything from those long ago days (Reuters)
Companies racing to refinance upcoming maturities (WSJ)
Truly hilarious blast from the early 2007 past (h/t Andrew)
Cartoon - hat tip Jesse's Cafe Americain

Rest In Peace Michael Jackson