ZH Evening Wrap Up 6/14/12

Some headlines from the day

- Swiss Central Bank warns Credit Suisse on capital levels

- Tokyo investment manager says Japan could default within 5 years

- Congresswoman Nancy Pelosi is worth $40-$187 Million... moral of the story: get into congress

- Nanny Bloomberg says it's Government's role to improve your health, clearly because you're not smart enough to do so

- Foreign investment in the U.S. surges as capital flight begins

On a long enough timeline

- Your daily Biderman

- S&P says Spanish home prices to drop another 25%... better hope that $100 bln euro loan will cover it (hint: it won't)

- Egan-Jones continues to kick people in the nuts, downgrades France to BBB+, outlook negative

- Just what is Mario Draghi hiding on the Goldman/Greece Swaps

- A day after monetizing 10yr notes, the fed turns around and does the same with the 30's

- Weekly initial claims miss, 386k v 375k expected, last week's revised down up

If you're too lazy to read the news, you can listen to it here

Comments

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[Unbezahlbar]

"House Minority Leader Nancy Pelosi and her Republican counterpart, Majority Leader Eric Cantor, are the wealthiest members of the U.S. House leadership, according to financial disclosure forms.

Pelosi, 72, of California tops the list of House leaders, with $40 million to $187 million in financial assets she reports with her husband, San Francisco commercial real estate investor Paul Pelosi. Most of their assets are listed as rental properties in California and partnership income in companies including investment management and restaurants."

Whom is she calling, "speculator?"  It's no wonder Pelosi is so eager to bail out commercial real estate and the bankers who hold their mortgages. 

[fuu]

I liked the bonus pony level of Super Mario: Sunshine.

[Capt. Ray]

liked it...