ZH Evening Wrap Up 6/20/12

Some headlines from today

- Obama manages campaign funds like the U.S. economy, spending more than he takes in to let Romney close cash gap -- you know, other people's money & such

- U.K. government tries to hip check executives, apparently unfamiliar with shareholders ability to remove the board if they don't like the way the company is run -- if they just nationalize their firms it would be all taken care of

- China lowers requirements in order to attract foreign institutional investors

- Merkel's party pushes back on notion of relaxing Greece's bailout terms -- say they have wasted enough time already with the elections... sooo no new bailout negotiations?

- Rochester, New York shows that our youth isn't deteriorating -- definitely more entitlements & less discipline is needed for these poor, poor children... *On a serious note: our core is rotting, and those of you who care need to make a stand before it's too far gone

On a long enough timeline

- Commodities crumble as stocks only stumble

- The fundamental flaw in the fed's thinking... sans the fact that they believe they can influence the individual in the first place

- Bernanke, Phd, "thinks" a lot about the economy

- LCH hikes italian bond margins... must.not.short.anything.ever

- Drum roll please.... zzzz ... Fed extends twist $267bn through end of 2012, Hatzius confuzzled

- Just the facts on the JPM beached whale unwind rumor... but, but they said on tv

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

Comments

[covert]

moving back to the bottom.

http://covert.ias3.com/expose/