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National Bank Of Greece Crashes To Record Low

Tyler Durden's picture




 

While the Greek Stock Market remains closed, ADRs trade around the world and National Bank of Greece - theoretically the strongest and least ELA-exposed (although still a disaster) - is trading down 24% in US markets on extremely heavy volume...

This is a new record low...

 

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Mon, 06/29/2015 - 09:59 | 6249121 Cacete de Ouro
Cacete de Ouro's picture

Get him to the Greek

Mon, 06/29/2015 - 10:04 | 6249157 Bloppy
Bloppy's picture

They need to upgrade to a more fake market where stocks never go down, like the one we have.

 

NASDAQ attacks Fox’s Charlie Gasparino as ‘hater’ for questioning gay marriage tweets

http://tinyurl.com/nvzhsre

Mon, 06/29/2015 - 10:11 | 6249184 El Oregonian
El Oregonian's picture

"Turn out the lights, the party's over". Sung by "Dandy" Don Meredith.

https://www.youtube.com/watch?v=CtGxusvUT3k

Mon, 06/29/2015 - 11:13 | 6249502 PrayingMantis
PrayingMantis's picture

 

 

... "In an openletter to the prime minister, some 25 Labour and Green Party MPs demanded the government support the organization of a European summit to agree upon a debt write-down for Greece." >>> http://rt.com/uk/270349-greece-debt-cancellation-cameron/ ... looks like the party has just begun ...

Mon, 06/29/2015 - 11:26 | 6249540 El Oregonian
El Oregonian's picture

Ah yes, but a party really isn't a party if none of the attendees have nothing to bring to it except their IOU's.

Mon, 06/29/2015 - 10:09 | 6249189 EscapeKey
EscapeKey's picture

why even bother opening the markets? couldn't they just telegraph the new and improved prices just once per day?

that way, everyone would always be happy.

Mon, 06/29/2015 - 10:35 | 6249300 KnuckleDragger-X
KnuckleDragger-X's picture

They have to pretend just like the dance band on the Titanic played on......

Mon, 06/29/2015 - 10:02 | 6249140 q99x2
q99x2's picture

Bitcoin $256.34 +6.34 in last 24 hours

Mon, 06/29/2015 - 10:11 | 6249199 RadioactiveRant
RadioactiveRant's picture

better than gold!

Mon, 06/29/2015 - 10:55 | 6249406 UndergroundPost
UndergroundPost's picture

Bitcoin...can be hacked, erased, controlled by smart government programmers, stolen and duplicated. Nothing to hold, no physical possession possible, no historic track record of stability and will eventually corrupt (yes, the 2nd Law of Thermodynamics even applies to bitcoin.) You'd have to be as stupid as a Central Banker to put even a bit of faith in crypto-currency. Gold is the exact opposite. Nuff said beetchez

Mon, 06/29/2015 - 11:01 | 6249435 OneTinTrooper
OneTinTrooper's picture

apples and oranges .... bitcoin is useful for small transactions and is not an investment

Mon, 06/29/2015 - 12:09 | 6249727 windcatcher
windcatcher's picture

How can a moron like you Tin Trooper, know about anything? Ha. Ha. Ha. You are drooling again, take your pill. Ha. Ha. Ha.

Mon, 06/29/2015 - 10:03 | 6249141 Martial
Martial's picture

just a dip.

Mon, 06/29/2015 - 10:10 | 6249191 Wild Theories
Wild Theories's picture

time to buy!

Mon, 06/29/2015 - 10:49 | 6249370 disabledvet
disabledvet's picture

See below (tm) and "MBIA, Ambac et al are getting annihilated again."

Mon, 06/29/2015 - 10:08 | 6249172 Kirk2NCC1701
Kirk2NCC1701's picture

Meanwhile... My private Bank of Certa, Sealy and Posturepedic is reaching new highs. 

Mon, 06/29/2015 - 10:15 | 6249221 Dr. Engali
Dr. Engali's picture

Nanny nanny boo boo, our plunge protection team is better than yours.

Mon, 06/29/2015 - 10:52 | 6249388 disabledvet
disabledvet's picture

These are just dollars now.

"Ain't no safety net with those things....

Mon, 06/29/2015 - 10:25 | 6249251 ramgold2206
ramgold2206's picture

get into the physical bullion guys.... or watch your paper burn!!!

 

Greece has just started a chain reaction that cannot be predicted where its going to end....

 

www.teamramgold.com

Mon, 06/29/2015 - 10:40 | 6249328 asteroids
asteroids's picture

NBG is now a lottery ticket.

Mon, 06/29/2015 - 10:53 | 6249391 windcatcher
windcatcher's picture

Democracy in Greece connotes a referendum, open debate and the weighing of facts as to who incurred the debt and who owns the debt. Were there corruption, bribery, and coercion of government officials involved in incurring the debt? What liability do the Greek People have for criminal debt? Is the loaner of money as responsible as the borrower of the money to fulfill reasonable completion of the contract? If the loaner of the money knew that the Greek government could never pay back the money; why did they loan them the money? Was criminal bankster entrapment involved to blindside the borrower by deceitful contracts? How much money was lost by bankster bond, securities and mortgage fraud?

If bankster criminal fraud, debt and chaos is behind the Greek financial crisis, arrest them and bring them to trial as criminals to society and if found guilty; hang the criminals and repudiate the debt.

That is what democracy is about: government of, for and by the People.

NO TO TOTALITARIAN fascism: government of, for and by the multinational corporate monopolies.

Mon, 06/29/2015 - 11:06 | 6249460 OneTinTrooper
OneTinTrooper's picture

total bullshit ... usually spouted by some occupy kid that needs to get a job or go back to living at mommy or daddy's house

Mon, 06/29/2015 - 11:52 | 6249672 windcatcher
windcatcher's picture

You present no rebuttal Tin Trooper, all you have done is whine like a chicken-shit that you are, whiney boy. Ha. Ha. Ha.

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