ZH Evening Wrap Up 6/13/12

Some headlines from today

- Creidt Suisse cuts 2012 China GDP to 7.7 from 8 -- cuts 2013 to 7.9 from 8.2

- Geithner is a vault: "what they say to us privately is..." Don't worry Europe, your secret is safe with Timmay

- Political backing, gunships, new currency... Is Russia printing new money for Syria?

- Credit Suisse CLO unit head reportedly leaving... Fresh out of new schemes ideas?

- The head of the squid says he has no plans to leave -- paging charles gasparino, put down the martini and report something, anything of value

On a long enough timeline

- Oanda fx trading won't accept any activity this sunday on worries of a "major market event"

- Your daily Biderman

- Rosie reiterates that a weak economy & highly fragile credit system is an explosive cocktail

- Spain loses final A rating as Moody's slowly catches up with the rest of the world

- Treasury sells bonds, Fed buys them, the world turns... At least Bernanke testified that he wouldn't monetize the debt

- Monti declares the crisis over, credit markets disagree as spreads leak wider

If you're too lazy to read the news, you can listen to it here courtesy of the financial reality

Comments

[CompassionateFascist]

Wherz the Spam?

[tkinfo]

My second new favorite thing to do as Asian trade winds up and the hedge fund gets ready for European trading...