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Papandreou Planning Retirement, FT Deutschland Reports

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Mon, 10/03/2011 - 15:51 | 1734247 GoldmanSux
GoldmanSux's picture

He's got a new gig at Goldman.

Mon, 10/03/2011 - 15:58 | 1734284 Mister Ponzi
Mister Ponzi's picture

If he had really planned to retire, he wouldn't have pushed the cuts in retirement payments through parliament...

Mon, 10/03/2011 - 16:19 | 1734365 Spirit Of Truth
Spirit Of Truth's picture

Is it his 58th birthday soon?

Mon, 10/03/2011 - 16:35 | 1734465 tekhneek
tekhneek's picture

Greece's 1YR @ 128%!!!!!!!!!!!!!!!!!!!!!!!

I'm going to be rich!!!!!!!

Mon, 10/03/2011 - 15:51 | 1734250 achmachat
achmachat's picture

maybe he thinks that there's been too many G-pap-smear campaigns against him?

Mon, 10/03/2011 - 16:09 | 1734320 redpill
redpill's picture

Well the Greek bond market has been a very dark place, and every dark place needs a good Pap smear now and then.

Mon, 10/03/2011 - 16:17 | 1734354 Ancona
Ancona's picture

Nice. I wonder how the European markets will react to this rumor.

Mon, 10/03/2011 - 16:46 | 1734446 redpill
redpill's picture

One replacement they are considering is former cabinet minister George Spotsandreau who is now somewhere on vacation, so if he returns to Greece as the new leader we'd go from the G-Pap smears to the new G-Spot, something widely seen as preferable.  Due to his vacation, G-Spot may be hard to find, but most Greeks feel the search is worthwhile.

Mon, 10/03/2011 - 15:51 | 1734251 falak pema
falak pema's picture

good riddance of useless Oligarch.

Mon, 10/03/2011 - 21:33 | 1735456 edotabin
edotabin's picture

Only to be replaced by another.

Mon, 10/03/2011 - 15:52 | 1734254 Seasmoke
Seasmoke's picture

Obama next ?

Mon, 10/03/2011 - 16:29 | 1734432 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Obama would love to resign, but then Michelle wouldn't be able to spend tax payers monie anymore, and we all know who wears the pants in that relationship.

Mon, 10/03/2011 - 15:52 | 1734255 The Axe
The Axe's picture

He is taking the post as the new CEO of AMR....

Mon, 10/03/2011 - 15:52 | 1734257 The4thStooge
The4thStooge's picture

good riddance

Mon, 10/03/2011 - 16:34 | 1734461 Id fight Gandhi
Id fight Gandhi's picture

Sure, but if hes walking with a pension fuck that.

Greece is falling apart and they need confidence, so someone should have been brought in, held up as his replacement and discussed.

He sounds like he's just jumping ship and leaving the country.

Mon, 10/03/2011 - 15:53 | 1734258 johngaltfla
johngaltfla's picture

See, pigs do fly.

Mon, 10/03/2011 - 15:53 | 1734259 SheepDog-One
SheepDog-One's picture

'Retiring' yea sure, more like finalizing plans to head to the underground bunker.

Mon, 10/03/2011 - 15:53 | 1734261 mfoste1
mfoste1's picture

They ALL should retire......

Mon, 10/03/2011 - 15:53 | 1734263 Saxxon
Saxxon's picture

Lapdog of the lamprey international banking system.

Mon, 10/03/2011 - 15:57 | 1734272 hedgeless_horseman
hedgeless_horseman's picture

Looking at that THC short from February, DOWN -11% today and -45% since my first post, many others may soon contemplate retirement.



Mon, 10/03/2011 - 15:58 | 1734283 Hearst
Hearst's picture

Heh, when I hear THC I only think of one thing.  And it's not what you're talking about.

Mon, 10/03/2011 - 16:11 | 1734300 hedgeless_horseman
hedgeless_horseman's picture

I meant down 13% today...and still mostly the same excellent management team. 


Mon, 10/03/2011 - 16:28 | 1734416 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

They must not be managing the rise in silver costs very well.

Mon, 10/03/2011 - 16:35 | 1734464 SteveNYC
SteveNYC's picture

That one slipped over a few heads.....not mine!

Mon, 10/03/2011 - 16:43 | 1734507 George the baby...
George the baby crusher's picture

Apparently it's quiet the cure for cancer this THC.  And apparently a rather fun recreational substance.  Or so I've been told!

Mon, 10/03/2011 - 15:55 | 1734273 SheepDog-One
SheepDog-One's picture

That translation may be off about the 'throwing of rocks'...I think the proper translation to Greek is 'molotov cocktails'.

Mon, 10/03/2011 - 16:20 | 1734373 slewie the pi-rat
slewie the pi-rat's picture

i think g-pap meant resign so he could join them on the barricades, throwing rocks! 


Mon, 10/03/2011 - 15:56 | 1734276 adr
adr's picture

Which drop of the market did this rumor cause, or which blip up did this rumor cause?

I don't know but the market has gone wacky. It is so amazing that 50 point two minute moves in the Dow now look small. Remember when the market would go up by 10 points in a day and that was considered a big move.

The amn S&P just won't break 1100. You could saw through a Sequoia in ten seconds flat with a sawblade shaped like the chart today.

Mon, 10/03/2011 - 15:56 | 1734277 PulauHantu29
PulauHantu29's picture

Jerry Springer might sign G-pap and DSK up for a show...should be fun if they throw in a German and a 'True Finn' same-time::))

Mon, 10/03/2011 - 15:58 | 1734280 Fips_OnTheSpot
Fips_OnTheSpot's picture

'throwing the rocks' should be translated like "capitulation" / "abandon the whole sh1t"

Mon, 10/03/2011 - 16:51 | 1734549 zorba THE GREEK
zorba THE GREEK's picture

Maybe they meant getting his rocks off.

Mon, 10/03/2011 - 17:17 | 1734657 fockewulf190
fockewulf190's picture

Better translation would be "throwing in the towel".

Mon, 10/03/2011 - 15:58 | 1734285 HardlyZero
HardlyZero's picture

DSK tagteam ?

They would be a powerhouse against their "old team"...the IMF and World Bank.

They would be... unflappable...

Mon, 10/03/2011 - 15:58 | 1734287 Ag1761
Ag1761's picture

Maybe he has all his money in Bank of America and because he only has an online account and he has no annual leave left to take then it's early retirement (excuse the pun when refering to a Greek citizen and early retirement) so he can nip across to NY and attend a branch in person and try and get some out before it goes under.


Mon, 10/03/2011 - 16:00 | 1734294 DonBadajoz
DonBadajoz's picture

Run little rabbit, run......

Mon, 10/03/2011 - 16:02 | 1734295 Porkbellytrader
Porkbellytrader's picture

He is returning home to his native Minnesota, to help Gov Mark Dayton form a perfect socialist state.

Mon, 10/03/2011 - 19:04 | 1734966 Calmyourself
Calmyourself's picture

I'll warm up the tar..

Mon, 10/03/2011 - 16:02 | 1734298 chet
chet's picture

S&P breaking 1100 into the tape.

Mon, 10/03/2011 - 16:03 | 1734299 sulfur
sulfur's picture

lol just read the article and they really just wrote throw the rocks in german die Brocken hinzuschmeissen which actually nobody would say in germany...fucking propaganda press

Mon, 10/03/2011 - 16:04 | 1734306 Fips_OnTheSpot
Fips_OnTheSpot's picture

"Brocken (oder Bettel) hinschmeissen" is quite a common saying in southern germany

Mon, 10/03/2011 - 16:03 | 1734303 adr
adr's picture

1099.17 it almost made it back up to 1100 before the close. The Dow lost over 100 points in ten minutes after gaining 60 points ten minutes before. Some algo made someone a lot of money or lost them a lot of money.

Mon, 10/03/2011 - 16:06 | 1734310 SheepDog-One
SheepDog-One's picture

You ever notice when markets are up its usually due to 'financials leading the way'...?

So why is it today when most financials are down around -7% avg, the markets are only down 1.5%?

<sarc> yes I know the answer is because its all fake, and pointless to even pay much attention to the clownshow. Its all goin down, survival of the fitness, boys!

TRAILER PARK BOYS "Survival of the fitness" - YouTube

Mon, 10/03/2011 - 16:05 | 1734311 LMAO
LMAO's picture

Papandreou Planning Retirement,

...aaaaand deservedly so, according to the Hellenic bureau of labor statistics he was eligible 30 years ago.


Mon, 10/03/2011 - 16:07 | 1734314 sabra1
sabra1's picture

aren't you supposed to play with your rocks, before throwing them?

Mon, 10/03/2011 - 16:10 | 1734318 s2man
s2man's picture

Perhaps `throwing the rocks` means to jump off a cliff, i.e.  throw yourself on the rocks.

I like the Japanese version better; Cut your belly and die.

Mon, 10/03/2011 - 16:08 | 1734319 bill1102inf
bill1102inf's picture

HOLY MFER!!!!! Netflix 300 down to almost 100 !!!!  WTF!? cant believe i missed trading that clusterfuck

Mon, 10/03/2011 - 16:13 | 1734339 SheepDog-One
SheepDog-One's picture

All the mighty 100 P/E bubbles are about to pop, its the raping of the 401K/pension bathrobe brigades. Those people will soon be rioting over their -60% statements in the mail....and OH BOY just wait till the 'Uber Clowngress' cuts a few hundred $billion from welfare, food stamps, and unemployment this month...it will be epic scenes all over this country I hope youre all prepared for it best as possible.

Mon, 10/03/2011 - 16:30 | 1734399 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Where is the President's Working Group on Financial Markets to support the fiat ponzi?  It is obvious they leased massive gold at $1900; they have the cash.  Where is Bernanke the Benevolent?

Mon, 10/03/2011 - 16:36 | 1734470 SheepDog-One
SheepDog-One's picture

I dont know who it is putting up all this money for the banking cabal to immediately take it from them time after time.

Mon, 10/03/2011 - 16:11 | 1734327 dwdollar
dwdollar's picture

Is the BofA website fully functional yet? I see their home page is up. Oops, nevermind. It's down again.

Do NOT follow this link or you will be banned from the site!