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Greek Finance Minister Resigns Just Days After Appointment; Cyprus Officially Requests Bailout

Tyler Durden's picture




 

This has to be a record:

  • GREEK FINANCE MINISTER RAPANOS RESIGNS; PRIME MINISTER ACCEPTS

This is the same guy who was appointed last week, and who fainted after seeking the official Greek numbers. In fact we are not sure he ever got an official appointment. And elsewhere:

  • CYPRUS REQUESTS EU AID
  • CYPRUS SEEKS EXTERNAL FINANCIAL ASSISTANCE FROM EURO AREA: China just said NEIN

Prepare the bath salt firehose.

Repanos: we hardly knew thee. Courtesy of William Banzai, this is what happened when Rapanos...

...saw the inside of the Greek Finance Ministry:

 

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Mon, 06/25/2012 - 12:01 | 2558209 Cognitive Dissonance
Cognitive Dissonance's picture

Someone just spent the weekend looking at the books.

Exit stage right.

Exit

Mon, 06/25/2012 - 12:01 | 2558214 Alea Iactaest
Alea Iactaest's picture

And he finally saw the basement at the Finance Ministry for himself. It looked better than the books.

Mon, 06/25/2012 - 12:04 | 2558235 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Saw?  The Greeks are getting their eyes burnt looking at these books like they were staring at Madusa. 

Mon, 06/25/2012 - 12:25 | 2558362 potlatch
potlatch's picture

wasn't this in an original Star Trek episode?

Mon, 06/25/2012 - 12:46 | 2558447 CPL
CPL's picture

Yes, the episode is called "The Trouble with Tribles".

 

Debt seems to replicate like tribbles do.  This episode brought to us by the ECB has no James T Kirk, Spock or McCoy.

 

It does have the annoying characters.  A red shirt, the guy that is addicted to holosuites and wesley Crusher.  They sit around all episode attempting to will the tribbles to cease reproducing.  Episode ends when the ship they are on is overrun with furry annoyances and the hull breaches are they all die horribly from the vacuum of space.

Mon, 06/25/2012 - 12:49 | 2558458 HoofHearted
HoofHearted's picture

I think the FinMin saw there was nothing to scrape off for himself, nothing left to extort, no Greek isle to claim ownership of, no babes to be had by talking about his cushy government post, so he said, "Aw, screw it. I'll go wait in line for free vegetables with everyone else. I don't need to have this responsibility if there is no extra graft for me."

Mon, 06/25/2012 - 12:54 | 2558478 Gidas19
Gidas19's picture

a rat leaving titanic...

Mon, 06/25/2012 - 14:00 | 2558803 SheepRevolution
SheepRevolution's picture

You couldn't even make this stuff up.. No really, it is beyond fucked up.

Mon, 06/25/2012 - 14:06 | 2558835 HardlyZero
HardlyZero's picture

He left the Titanic.  Probably to a vacation/retirement home in Cyprus...should be fun sailing and great retirement plan. 

Mon, 06/25/2012 - 13:54 | 2558760 Long-John-Silver
Long-John-Silver's picture

Don't forget that most of the Tribbles died in the show and what few remained were "beamed away" because they were found to be toxic to humanity.

Mon, 06/25/2012 - 14:44 | 2559004 Killer the Buzzard
Killer the Buzzard's picture

The Star Trek episode was "Is There In Truth No Beauty?"

Mon, 06/25/2012 - 14:44 | 2559008 Peter Pan
Peter Pan's picture

The Greek prime minister also did not like what he saw (hence his detached retina) and I suspect he will be the next to abdicate.

Good riddance to the finance minister as he was just another lackey of the banking mafia although I wish him a good recovery.

Greece has cooked her goose. She now has two hundred thousand people less than she had a decade ago and her population has aged. The oldies at the last election voted to keep the sick bastards who destroyed the nation for over 30 years becuase they feared for their pensions more than they feared for their children's future.

Mon, 06/25/2012 - 12:05 | 2558242 Nothing To See Here
Nothing To See Here's picture

What's the most stunning is that it sounds as if finally, a Greek politician actually understood numbers. That kinda paradoxal for a socialist in any country.

Mon, 06/25/2012 - 13:31 | 2558645 Liquid Courage
Liquid Courage's picture

Politicians of any stripe or nation know this much about numbers:

“If you torture the data long enough, they’ll admit to anything!”

But eventually the tales they tell become so divorced from reality that the "torches and pitchforks" moment arrives. Are we there yet?

Mon, 06/25/2012 - 12:08 | 2558243 bdc63
bdc63's picture

But on the brighter side, his 5 days of work entitle him to a full government pension under Greek law ....

Mon, 06/25/2012 - 12:18 | 2558302 CClarity
CClarity's picture

Right-e-oh!   Probably $250,000 per year and health benes.  He better hope he was sworn in or else maybe can't collect.

On the prime minister front, he won't be able to fly if he had a vitrectomy and long acting gas injected into his eye.  I know, I had the same procedure in early May and can still see the gas and cannot fly nor go to altitude.  Had to cancel Tahoe, Yosemite, Washington DC, San Diego and Austin within past 4 weeks.  But maybe he can take speed trains and use those Greek shipping lines to get to meetings about Europe.

So  . . . Greece has no big guns able to "do the work".

Mon, 06/25/2012 - 12:27 | 2558377 potlatch
potlatch's picture

Maybe this is the strategy.  Just rotate in as many citizens as you can into the government, because they are guaranteed pensions under EU law too.

Mon, 06/25/2012 - 12:48 | 2558454 CPL
CPL's picture

I assumed that was the strategy all along.  Theft, robbery and make our old mothers weep in poverty while hyperinflating anything of value.

 

 

Mon, 06/25/2012 - 13:57 | 2558776 HardlyZero
HardlyZero's picture

Did they post-date or pre-date the resignation..its important if he is to receive his FULL benefits, including hospital stay and nurses, wet-nurses, long-term wet nurses, home-care, long-term home care, and feedings.   Where is WB7 ?  we need a better picture of this situation.

Mon, 06/25/2012 - 14:56 | 2559066 zuuuueri
zuuuueri's picture

no loss there. samaras is a certifiable moron. really, in the spectacular company of the greek parliament, which is already pretty much stacked with clowns wall to wall, samaras stands out as below average. basically anybody who has sat in parliament in the past 25 years needs to be sent directly to prison, no exceptions.

Mon, 06/25/2012 - 12:25 | 2558360 Spastica Rex
Spastica Rex's picture

Thank God the U.S. is nothing like Greece in this respect.

Mon, 06/25/2012 - 12:06 | 2558245 DoChenRollingBearing
DoChenRollingBearing's picture

I just clicked my Danger-O-Meter from 8 to 9.

Danger Will Robinson!  Take some $$$ out of the banks and buy gold.  Dow -176 I just heard.

 

Ugh.

Mon, 06/25/2012 - 13:58 | 2558788 HardlyZero
HardlyZero's picture

Agree 100%.  Just made a larger than normal purchase of PSLV and CEF....going into the week its going to be heck.   Cyprus and Spain both making official bailout requests.  Where does this end ?

Mon, 06/25/2012 - 12:03 | 2558227 Translational Lift
Translational Lift's picture

This just went from Greek tragedy to a Greek JOKE.....

Mon, 06/25/2012 - 12:31 | 2558391 CrashisOptimistic
CrashisOptimistic's picture

Because ZH must examine all possibilities . . .

If I were in hospital from fainting and tests indicated something very serious, I would probably resign too so that the the country could have a Fin Min fully capable in such a difficult time.

Mon, 06/25/2012 - 12:50 | 2558459 CPL
CPL's picture

So this finance minister walks into a government and asks for a pension....Same as in town!!!  <rimshot>

 

ok needs a little work.

Mon, 06/25/2012 - 12:04 | 2558233 IndicaTive
IndicaTive's picture

"Heavens to murgatroyd!"

Mon, 06/25/2012 - 12:20 | 2558329 williambanzai7
williambanzai7's picture

GREEK FINANCE MINISTER RESIGNS

Mon, 06/25/2012 - 12:31 | 2558390 Cognitive Dissonance
Cognitive Dissonance's picture

I hope to look like that when my Silver and Gold stash is finally (fairly) valued as more than "just" a commodity.

Mon, 06/25/2012 - 12:32 | 2558394 WonderDawg
WonderDawg's picture

That is some seriously funny shit. Thanks for the laugh, WB. I'll be chuckling all day.

Mon, 06/25/2012 - 12:40 | 2558429 Ms. Erable
Ms. Erable's picture

+1285 - still laughing!

Mon, 06/25/2012 - 12:57 | 2558489 LouisDega
LouisDega's picture

Guaranteed fucking click magnet. $$$$$$$. A must for every website.

Mon, 06/25/2012 - 13:39 | 2558686 Liquid Courage
Liquid Courage's picture

Too funny! Looks like Barney Fife on acid.

Mon, 06/25/2012 - 14:14 | 2558873 SheepRevolution
SheepRevolution's picture

+10 minutes and still laughing.

Mon, 06/25/2012 - 12:38 | 2558423 kralizec
kralizec's picture

Umm...

Isn't that cat exiting stage left?

;)

Mon, 06/25/2012 - 12:43 | 2558438 Cognitive Dissonance
Cognitive Dissonance's picture

His other left......aka his right. :>)

Mon, 06/25/2012 - 12:43 | 2558439 insanelysane
insanelysane's picture

Is there another direction that you would expect Socialists to move?

Mon, 06/25/2012 - 12:49 | 2558457 cougar_w
cougar_w's picture

Nope.

My kids are in theater. They have to learn all this stage stuff.

Mon, 06/25/2012 - 13:06 | 2558541 Haddock
Haddock's picture

But will he draw a finance ministers pension?

Mon, 06/25/2012 - 16:20 | 2559349 Kiwi Pete
Kiwi Pete's picture

I wonder how large his golden parachute is.

Mon, 06/25/2012 - 12:01 | 2558211 pods
pods's picture

He probably saw the fine print that said he had to clean up that room in the basement.

pods

Mon, 06/25/2012 - 12:07 | 2558252 Sauk Leader
Sauk Leader's picture

And pay out of pocket for paper and ink toner

Mon, 06/25/2012 - 12:02 | 2558216 Everybodys All ...
Everybodys All American's picture

Finally got to the fine print about the gold transfers.

Mon, 06/25/2012 - 12:02 | 2558219 distopiandreamboy
distopiandreamboy's picture

Bullish. He already fixed Greece

Mon, 06/25/2012 - 12:25 | 2558363 EscapeKey
EscapeKey's picture

I believe it's more of a neutering.

Mon, 06/25/2012 - 12:03 | 2558225 Joebloinvestor
Joebloinvestor's picture

I almost can't believe it.

A greek finally shows some FUCKING BALLS and quits.

Now he can show COURAGE and tell how bad it really is, that is if he can take a break from packing that trailer and getting the hell out of Dodge.

Mon, 06/25/2012 - 12:03 | 2558226 Nothing To See Here
Nothing To See Here's picture

He probably watched by mistake a movie about the French revolution, guillotines and stuff...

Mon, 06/25/2012 - 12:03 | 2558229 Zola
Zola's picture

He knew he was going to get killed

Mon, 06/25/2012 - 12:52 | 2558469 cougar_w
cougar_w's picture

Yup.

There won't be another qualified "Greek FinMin" for at least 20 years. Anyone who takes the job now won't know the score, is just filling the seat, and will keep a chopper idling on the roof.

Mon, 06/25/2012 - 12:04 | 2558231 bdc63
bdc63's picture

I'm sure he just decided that he wanted to spend more time with his family ...

Mon, 06/25/2012 - 12:08 | 2558257 brooklynlou
brooklynlou's picture

A quite understandable reaction when faced with an upcoming zombie apocalypse ...

Basically, he opened the vault at the ministry of finance and instead of seeing glimmering bars of gold, he saw these neatly stacked and relatively clean pile of Spiderman towels ...

Mon, 06/25/2012 - 12:10 | 2558269 Jim in MN
Jim in MN's picture

...Grabbed 'em and ran.

Mon, 06/25/2012 - 12:26 | 2558373 NotApplicable
NotApplicable's picture

Tangible, bitchez!

Mon, 06/25/2012 - 12:26 | 2558368 daily bread
daily bread's picture

I bet he stayed just long enough to set up that Swiss account, wire a bundle of euros to the new account, make sure the transaction cleared, and then resigned.

Mon, 06/25/2012 - 12:09 | 2558237 ebworthen
ebworthen's picture

LOL!

"Problem?  What problem?"

Mon, 06/25/2012 - 14:37 | 2558968 ebworthen
ebworthen's picture

Thanks, love Alfred.

Mon, 06/25/2012 - 12:05 | 2558238 Debugas
Debugas's picture

this is just a greek way to start negotiations by scaring shit out of your opponents (the troika)

Mon, 06/25/2012 - 12:05 | 2558239 kilters
kilters's picture

It's beginning to be more pertinent to ask: what can possibly happen in the next few weeks to prevent a collapse?

Mon, 06/25/2012 - 12:05 | 2558244 bugs_
bugs_'s picture

doom loop

Mon, 06/25/2012 - 12:06 | 2558246 ZeroPower
ZeroPower's picture

PM accepted cause he couldn't care less - he's next.

Mon, 06/25/2012 - 12:08 | 2558258 tahoebumsmith
tahoebumsmith's picture

Just the same way Orszag, Summers, Roemer and Goolsbee did once they realized the truth here in America. The only reason Geithner has stayed on so long is because he was the head of the NY FED and is one of them.

Mon, 06/25/2012 - 12:40 | 2558428 Bastiat
Bastiat's picture

I believe Orszag knew he was lying.

Mon, 06/25/2012 - 12:08 | 2558260 pleseus
pleseus's picture

Europe is a farce.

Mon, 06/25/2012 - 12:29 | 2558381 Ms. Erable
Ms. Erable's picture

Global Fiat Finance is a farce.

Fixed.

Mon, 06/25/2012 - 12:09 | 2558262 billhilly
billhilly's picture

"China just said nein"

Tyler, you f**kin kill me, you just f**kin kill me !  Are you the real Jon Stewart ?

Mon, 06/25/2012 - 12:56 | 2558484 BlueCollaredOne
BlueCollaredOne's picture

Calling someone Jon Stewart is an insult IMO.  Jon is there to keep the left 18-32 demographic entertained/docile.  His writers point out all of the hilarity of the right, while barely touching the left.  He is status quo. 

The man you know as "Jon Stewart" was born Jon Stuart Leibowitz.  His brother is COO of the NYSE.  Sounds like a pretty damn connected family.

I watch his show sometimes, just so I can see why the people I meet my age in bars think they know it all in regards to politics. 

Mon, 06/25/2012 - 12:09 | 2558264 Jim in MN
Jim in MN's picture

Hey, I remember S&P 1250--let's go check it out.  For that 'market retro' vibe...

 

Besides, if the one indicator that matters besides unemployment is the gas price, then Europe needs to stay critical to goose the USD and keep downward pressure on the commodities complex. 

Eye on the prize, peeps.

Mon, 06/25/2012 - 12:15 | 2558290 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Why would stocks fall?  Why not the DXY?  Doesn't economic policy dictate to keep asset prices high to stave off depression?  Or maybe Obma wants to throw this next election, and he doesn't care if the ecoonomy tanks.

He tried, right?  But it was the political process that tied up his best wishes, right?  This is why we need a New World Government system, right?  Because we can't get anything done with the system we have, and we the people could not do better, because we are a bunch of dumb slaves.  Right?

Mon, 06/25/2012 - 12:26 | 2558372 Spastica Rex
Spastica Rex's picture

Yes, yes, yes, and yes.

Or so I gather.

Mon, 06/25/2012 - 12:34 | 2558402 Jim in MN
Jim in MN's picture

Asset owners are not the voters they have in mind. 

Mon, 06/25/2012 - 12:44 | 2558442 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

No but the CEOs are, and the board members are.  The name of the game is corporations > governments.  When the governments of the world fail due to their ineptness, the corporations will take over.  Rise of the Machines, if you will.

Mon, 06/25/2012 - 14:34 | 2558957 Panafrican Funk...
Panafrican Funktron Robot's picture

"Rise of the Machines, if you will."

I'm fond of reminding people that corporations are not immoral, they're amoral.  Yes, yes that is scarier.  

Mon, 06/25/2012 - 13:03 | 2558527 brooklynlou
brooklynlou's picture

- Why would stocks fall? 

Stock prices are based on the tangible value of the company as tinged by PE ratio. PE ratio is in effect, the measurement of hope that people feel in the global economy - it describes how rosy the color of your lenses are. If PE ratio is low, it means things are not so rosy. If its high, it means things are going gangbusters. Its a subjective number. Typically below 10 means things suck; 13'ish things are 'normal' and over 15 things are 'smokin'. The current PE ration is around 18. This implies that things are going 'smokin'. A look at the unemployment numbers in the US and Europe as well as the various debt issues everyone is going through does not say 'smokin', it says things are on the low end of 'normal' potentially heading into 'suck'. This implies that PE ratio synchs up with reality that stocks are going to take a massive hit.

http://seekingalpha.com/article/317930-p-e-ratios-in-recessions

- Why not the DXY?

The great unwinding of the Euro will eventually trigger a fire sale in the periphery. If you feel Germany will be a buyer than a seller, the DXY will be a bit volatile, but not trashed.

- Doesn't economic policy dictate to keep asset prices high to stave off depression? 

Economic policy is tied to and is an extention of the power of the state. Read your Clausewitz.

- Or maybe Obma wants to throw this next election, and he doesn't care if the ecoonomy tanks.

Obama is a paid servant and employee of the people that own the country. Like all employees he does what he is told. Unfortunately there is some confusion of late in the minds of certain non-cynics as to the definition of who the owners are.

- He tried, right?  But it was the political process that tied up his best wishes, right? 

His wishes? LOL

- This is why we need a New World Government system, right?  Because we can't get anything done with the system we have, and we the people could not do better, because we are a bunch of dumb slaves.  Right?

Already been built. All we are seeing is a friendly disagreement between certain departments over who gets a bigger slice of the budget ...

Mon, 06/25/2012 - 14:44 | 2559005 Panafrican Funk...
Panafrican Funktron Robot's picture

"Stock prices are based on the tangible value of the company as tinged by PE ratio."

ROFL.  Holy fuck this guy.

Mon, 06/25/2012 - 12:10 | 2558268 williambanzai7
williambanzai7's picture

I'm laughing very hard. I don't know how long it will take for me to recover...

Mon, 06/25/2012 - 13:03 | 2558415 nmewn
nmewn's picture

Greece has a Finance Minister? ;-)

//////////////////

Now I'm thinking about his duties as "Finance Minister" with no national finances really to speak of.

Its coming to me now...shuffling around the Parthenon, with a placard around his neck, Will Prostrate Myself Before You For A Buck.

Very dignified.

Mon, 06/25/2012 - 19:32 | 2559907 unununium
unununium's picture

No different than a "Treasury Secretary"

Mon, 06/25/2012 - 12:10 | 2558271 LongSoupLine
LongSoupLine's picture

Donkey...Kong

Mon, 06/25/2012 - 12:11 | 2558275 GolfHatesMe
GolfHatesMe's picture

No math courses with imaginary numbers, nor exponential series of ()  Therefore I am not qualified

Mon, 06/25/2012 - 12:11 | 2558276 Bam_Man
Bam_Man's picture

To quote Tony Montana: "This is bad. This is sooo f**king bad."

Mon, 06/25/2012 - 12:14 | 2558287 azzhatter
azzhatter's picture

Has Herman Von Rumpoy commented yet?

Mon, 06/25/2012 - 12:25 | 2558359 LongSoupLine
LongSoupLine's picture

he will...just soon as he returns from his blind hair stylist.

Mon, 06/25/2012 - 13:02 | 2558523 Day_Of_The_Tentacle
Day_Of_The_Tentacle's picture

LOL!

Mon, 06/25/2012 - 12:14 | 2558288 Pairadimes
Pairadimes's picture

Maybe Nik Wallenda will take the job, if he was bored by the Niagara thing.

Mon, 06/25/2012 - 21:42 | 2560211 stocktivity
stocktivity's picture

Don't knock Nik...he fucking did it.

Mon, 06/25/2012 - 12:16 | 2558299 worbsid
worbsid's picture

This time of year the water along the shores of Greece are just starting to warm up.  The thermocline is at about 15 feet so why don't the Troika people just go to the beach and enjoy Greece? Take a drive down to Sounion and look out over the wine blue seas.  Why worry? This is Greece, it's been here forever and will be here when the Troika are gone to hades.

Mon, 06/25/2012 - 12:19 | 2558314 dbTX
dbTX's picture

What color was his parachute?

Mon, 06/25/2012 - 12:22 | 2558339 manapisca
manapisca's picture

"This is the same guy who was appointed last week, and who fainted after seeking the official Greek numbers." I guess he couldn't stomach the real numbers... and the PM can't bear to look at them in the eye =)

Mon, 06/25/2012 - 12:24 | 2558353 stormsailor
stormsailor's picture

/es is down -20,   i'll just sell my short and go long as soon as i see the deer picture.

Mon, 06/25/2012 - 12:25 | 2558355 NotApplicable
NotApplicable's picture

Obviously, Rapanos failed to meet the narcissistic/psychopathic/sadistic requirements for the position.

Next!

In other news, Silver and Gold just got a woody.

Mon, 06/25/2012 - 12:26 | 2558367 slewie the pi-rat
slewie the pi-rat's picture

he thought V-man was kidding when he said he wouldn't join a goobermint unless syrizzza/opposition didn't get paid untill after his check cleared...

...he gets a full pension, we must assume...

...human rights, you know...

Mon, 06/25/2012 - 12:26 | 2558369 Ignorance is bliss
Ignorance is bliss's picture

They probably told the Finance minister that he would have to sleep with Merkel for the next loan installment.

Mon, 06/25/2012 - 12:26 | 2558371 Raul Duke
Raul Duke's picture

this time next year, we will be millioners!

by Derek Trotter

 

maybe even billioners......

Mon, 06/25/2012 - 12:30 | 2558386 Snakeeyes
Snakeeyes's picture

Spain and Cyprus begging for bailouts. Which of course Germany (and ultimately the USA) must fund. Cyprus deficits are huge!!!!!!!!!!!!!!!!!!!!!111

http://confoundedinterest.wordpress.com/2012/06/25/the-new-siegfried-line-merkel-dismisses-eurobonds-and-eurofdic-while-spain-and-cyprus-seek-aid/

Mon, 06/25/2012 - 13:28 | 2558625 Navymugsy
Navymugsy's picture

Cyprus rocks! Fuck all y'all bailout poseurs! Malakos motherfuckers!

Mon, 06/25/2012 - 12:31 | 2558387 wisefool
wisefool's picture

As mentioned by others. This greek finance minister saw Tyler's picture of the tax collectors office. I anticipate this picture will rival the "Deer" picture use  here on Zerohedge.

Remember folks, we are 100% garenteed to get a new treasury secretary in the USA in 2013 (comprable to this greek position). And I doubt there are many clinical retards like timmay, or facists like Hank "Al Haig" Paulson left for the role thanks to alternative media such as Zerohedge.

Mon, 06/25/2012 - 14:04 | 2558816 HardlyZero
HardlyZero's picture

Who says there will be a 2013...smarty pants ? 

 

Remember in order to have 'interest' you need time.  So if interest rates go to the moon in EZ or USA...then the only option is to 'cancel' time....got Time ?

Where are the Time Lords ?  If Time is cancelled then no interest....zero time=zero interest....no hands !   no time !

Mon, 06/25/2012 - 15:31 | 2559202 wisefool
wisefool's picture

I guess your only hope is that somehow Romney can use quantum physics to explain why his 14% "carried interest" personal tax status is reconcilable with a "somewhere between 20-25%" rate for the "other" IRS tax slaves he called out in the republican debates.

Maybe these other people are the aliens we can tax, instead of going to war with them as krugman reccomends?

Mon, 06/25/2012 - 12:45 | 2558389 Duke of Con Dao
Duke of Con Dao's picture

some mornings you feel like this old VW bus being battered

by car after car ... How much more can Greece take... 

http://www.youtube.com/watch?v=KcosvnoQPPc

Mon, 06/25/2012 - 12:46 | 2558451 Duke of Con Dao
Duke of Con Dao's picture

foolhardy for Greece to allow being given an old VW hippie bus... it was only going to end badly

for them...

Mon, 06/25/2012 - 12:31 | 2558392 monopoly
monopoly's picture

ROFLMAO!!!! Now, if only Obama would resign, we might be getting closer.

Mon, 06/25/2012 - 12:32 | 2558393 Jason T
Mon, 06/25/2012 - 13:05 | 2558536 tahoebumsmith
tahoebumsmith's picture

I heard Meredith Whitney was going to be the Grand Marshal in Stockton's 4th of July Parade this year.. I would love to see her in the back of a car waving to all the squatters as the parade makes its way past the empty, gang slanged store fronts of one of Wall St's biggest abortions.

Mon, 06/25/2012 - 12:34 | 2558400 SmoothCoolSmoke
SmoothCoolSmoke's picture

And the Euro pops 30 pips.  Hmmmmmmmmmmmmmm.

Mon, 06/25/2012 - 12:38 | 2558420 EscapeKey
EscapeKey's picture

No doubt due to insider trading on information available to outsiders in 15 minutes.

Mon, 06/25/2012 - 12:35 | 2558407 Cupid Stunt
Cupid Stunt's picture

You couldn't make this crap up.

Trouble is, somebody does.................

Mon, 06/25/2012 - 12:39 | 2558422 i-dog
i-dog's picture

We need a +6 rating for articles such as this!

TD + WB7 + (where's TLK to cap it off?) = TOO funny!

Mon, 06/25/2012 - 13:08 | 2558544 The Limerick King
The Limerick King's picture

Sorry that I'm a little late to the party boys and girls...some of us have to work for a living!!!  ;-)

Mon, 06/25/2012 - 14:16 | 2558885 Liquid Courage
Liquid Courage's picture

OK, in the meantime, try this one:

 

How deep of a hole have we dug?
Their only reply was a shrug,
It can’t be that bad,
Oipho*, I’ve been had
Wish I’d never looked under that rug.

 

* Ancient Greek: Fuck, or Fuck Off

Mon, 06/25/2012 - 12:44 | 2558445 Duke of Con Dao
Duke of Con Dao's picture

here's an extremely wounded singing of New York New York by

actress Carey Mulligan (soon to be Daisy Buchanan in the The Great Gatsby)

http://www.youtube.com/watch?v=sRGlyc2-Chk      (from movie Shame)

what does it have to do with Spain... not much really... 

 

Mon, 06/25/2012 - 12:49 | 2558456 toady
toady's picture

Ten billion € golden parachute?

Mon, 06/25/2012 - 13:02 | 2558519 drider
drider's picture

Rumor has it that Rapanos did not want to be the financial minister, when he realized that Stournaras and Giannitsis wouldn't also be ministers in the new cabinet.

Historical note: Stournaras (technocrat) and Giannitsis (former minister) were close associates of Simitis, former primer minister of Greece . Simitis was the prime minister that went in bed with GS to "hide" debt thought financial innovation (the now infamous Greek swaps program).

Mon, 06/25/2012 - 13:39 | 2558682 sschu
sschu's picture

They need to quit trying to "fix" an unfixable circumstance.  The attempts to "fix" it have just made it worse and prolong the pain for the many.

They need a real hard nosed guy to come in and make the difficult decisions and let the market repair itself.  I love the story about Schacht in hyperinflation Germany.  He just issued the Rentenmark and holed up in a small office not taking calls or otherwise.  The circumstance stabilized, Schacht did his job, but the damage was done.  

All this fixin ends up fixin nothin.  And we ultimately end up with Hitler-esque type leaders.  Will man ever learn?

sschu

Mon, 06/25/2012 - 14:04 | 2558828 stormsailor
stormsailor's picture

FOOK ME?????????????????????????

 

NO, FOOK YOU

Mon, 06/25/2012 - 16:26 | 2559368 kornholio
kornholio's picture

looks like al sharpton

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