Dexia Tumbles After Moody's Puts It On Downgrade Review Citing "Deteriorating Liquidity And Worsening Funding Conditions"

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Mon, 10/03/2011 - 06:37 | 1732473 GeneMarchbanks
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So... Belgium CDSs, right?

Mon, 10/03/2011 - 08:11 | 1732604 GoldBricker
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Right, with BAC as your counterparty.

Mon, 10/03/2011 - 08:20 | 1732626 Zeroexperience2010
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Where can I go long CDS Belgium? ECB?

Mon, 10/03/2011 - 06:38 | 1732475 knight99
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next up unicredit

Mon, 10/03/2011 - 07:05 | 1732498 pallen
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but but there was a guy from Unicredit on CNBC (Europe) this morning telling us that everything is ok.

Mon, 10/03/2011 - 06:40 | 1732476 Racer
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and in the meantime US futures push back up

Mon, 10/03/2011 - 06:43 | 1732478 slaughterer
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ES bears too frightened to continue shorting through 1120 pivot.  1120 should break later in the week, though, given news risk this week, and the floor traders should get their 1070 before weekend.

Mon, 10/03/2011 - 06:44 | 1732479 TheLooza
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sounds about right from where I sit.

Mon, 10/03/2011 - 08:10 | 1732600 lapedochild
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Yes please

Mon, 10/03/2011 - 06:53 | 1732484 doomandbloom
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Remain Calm!

Mon, 10/03/2011 - 07:04 | 1732496 Crash N. Burn
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 If anyone hasn't seen the Anonymous video "The Bankers are the Problem", might help motivate the sheeple.

 http://worldwideponzicollapse.blogspot.com/2011/10/banksters-are-problem...

Mon, 10/03/2011 - 07:33 | 1732517 wombats
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Global ararchy?  Do I get a toaster with that if I open a new account?

Mon, 10/03/2011 - 08:47 | 1732696 Crash N. Burn
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Like he said in the video - "freedom means nobody left to screw"

Mon, 10/03/2011 - 07:15 | 1732501 Sudden Debt
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Give it 12 more months and even ZINC will become a precious metal at this rate :)

 

Mon, 10/03/2011 - 07:25 | 1732508 Coldfire
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Drexia.

Mon, 10/03/2011 - 08:26 | 1732641 Praetor
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Dyslexia

 

Mon, 10/03/2011 - 10:09 | 1732901 Kobe Beef
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Creditanstalt

Mon, 10/03/2011 - 07:28 | 1732512 Esso
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Sheesh, The Bernank better drag his ass out of bed and man the Big Effin' Gold & Silver Hammer.

The markets appear to be doing what they should be doing.

Can't have that now, can we?

Mon, 10/03/2011 - 08:12 | 1732606 Zenster
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So a near busto bank is going to get downgraded, markets actually working for a bit.

Mon, 10/03/2011 - 08:30 | 1732650 Esso
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"...markets actually working for a bit."

Yeah, that's just crazy! There must be a HUGE Hopium shortage.

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