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Watch Mario Draghi's First Press Conference As Head Of Goldman-Am-Main

Tyler Durden's picture




Want to listen in on how Goldman's ex-employee MFs all of Europe? Here is your chance as Super Mario conducts his first ever press conference as head of the most undercapitalized central bank in the history of the world, better known as Goldman-am-Main.

Some observations from the Q&A:

  • Decision was unanimous;
  • "SMP is temporary" is answer to when monetization will end. So no answer
  • ECB is closely monitoring Greece



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Thu, 11/03/2011 - 09:34 | Link to Comment Tsar Pointless
Tsar Pointless's picture

No thanks.

Thu, 11/03/2011 - 09:35 | Link to Comment Hero Protagonist
Hero Protagonist's picture

Just say no!

Thu, 11/03/2011 - 09:37 | Link to Comment Tsar Pointless
Tsar Pointless's picture

I wanted to be polite, at the very least.

That's why I added the "thanks" part.

Thu, 11/03/2011 - 10:25 | Link to Comment sqz
sqz's picture

Interesting that the only political question Draghi answered was to push the German/French view of what form the Greece referendum question should be, i.e. in this case as general as possible and related to remaining in the Eurozone instead of specifics like should Greece accept the latest EZ restructuring package.

Thu, 11/03/2011 - 10:47 | Link to Comment BandGap
Thu, 11/03/2011 - 09:34 | Link to Comment Element
Thu, 11/03/2011 - 09:34 | Link to Comment lizzy36
lizzy36's picture

Bunga Bunga

Thu, 11/03/2011 - 09:40 | Link to Comment MsCreant
MsCreant's picture

And Mario is the refreshing douche!

Thu, 11/03/2011 - 09:35 | Link to Comment Central Wanker
Central Wanker's picture

I love the smell of bullshit in the morning!

Thu, 11/03/2011 - 10:11 | Link to Comment boom goes the d...
boom goes the dynamite's picture

A rather jovial group they are--all things considered. Mario is a puppet master.

Thu, 11/03/2011 - 09:35 | Link to Comment fuu
fuu's picture

I came in at "transparant communication", retched, and went back to the g-pap resignation thread.

Thu, 11/03/2011 - 09:35 | Link to Comment sabra1
sabra1's picture

the only way to keep a scam running, is to replace scum, with more scum!

Thu, 11/03/2011 - 09:37 | Link to Comment RobotTrader
RobotTrader's picture

Anybody who shorted SPY or QQQ since August 5th is still underwater.

Yesterday was their last shot at getting out.

Thu, 11/03/2011 - 09:40 | Link to Comment wang (not verified)
Thu, 11/03/2011 - 09:41 | Link to Comment Pool Shark
Pool Shark's picture

 

 

You stay long Robo and let us know how that works out for you, M'kay?

Looks like a nice right-shoulder developing on the S&P...

 

Thu, 11/03/2011 - 09:47 | Link to Comment jdelano
jdelano's picture

Not if they took profits at the bottom and reinitiated higher up, idiot.

Thu, 11/03/2011 - 09:47 | Link to Comment CvlDobd
CvlDobd's picture

I usually give you an up arrow but your beloved ANF is getting slaughtered. XRT isn't enjoying the rally. Risk to reward is far better on the short side than the long here on XLK. Just get off stock charts with their stupid reinvested dividends and you will see that XLK is not really breaking out.

Thu, 11/03/2011 - 10:04 | Link to Comment Gene8696
Gene8696's picture

Yea..that's me. I'll let you know how it goes... For now I'm still strong in my SPXU shorts. Early S&P gains are fading....

Thu, 11/03/2011 - 09:37 | Link to Comment entendance
entendance's picture

beware mr.bean-draghi, the ex jesuit goldman s. clown

Thu, 11/03/2011 - 09:37 | Link to Comment Apostle of Unknown
Apostle of Unknown's picture

eat mushrooms to grow the money supply

Thu, 11/03/2011 - 09:38 | Link to Comment wang (not verified)
Thu, 11/03/2011 - 09:41 | Link to Comment pepperspray
pepperspray's picture

weaker

Thu, 11/03/2011 - 09:41 | Link to Comment jayman21
jayman21's picture

Bitcoins

Thu, 11/03/2011 - 09:41 | Link to Comment AngryGerman
AngryGerman's picture

CALAMARI BANCA

Thu, 11/03/2011 - 09:45 | Link to Comment banksterhater
banksterhater's picture

Robo- My theory is Da Boyz are propping to push the Groupon and Angie's garbage out the door. The underwriters have the firepower to do it.

Thu, 11/03/2011 - 09:44 | Link to Comment azzhatter
azzhatter's picture

Did Bennie write the speech for him? Edited by Blankfein

Thu, 11/03/2011 - 09:46 | Link to Comment Monedas
Monedas's picture

"Ima gonna fiscally, consolidate you up, Muh Fucka !"....Mario Draghi's first message ! Monedas 2011 Comedy Jihad Consolidated Humour

Thu, 11/03/2011 - 09:47 | Link to Comment jay28elle
jay28elle's picture

Good thing my connection here at McD's is too piss poor to watch this POS.  His accent is greek to me anyway.

Besides, I'd rather check out all the old folk that come here to get their daily dose of fat, calories and caffiene.

Thu, 11/03/2011 - 09:50 | Link to Comment LMAO
LMAO's picture

21st. Century Cosa Nostra

Tutti Uomini D'onore

Thu, 11/03/2011 - 09:50 | Link to Comment MsCreant
MsCreant's picture

...Fa-caus on measures... to enhance Wage Flexa-bil-it-tee.

 

This guy just needs to fucking stop and shut up. 

Thu, 11/03/2011 - 09:50 | Link to Comment RobotTrader
RobotTrader's picture

Yes, ANF is getting destroyed, but other retailers like ARO and JWN had blowout numbers.

Retailers in general have been pretty much bulletproof for 3 years.

Thu, 11/03/2011 - 09:52 | Link to Comment the not so migh...
the not so mighty maximiza's picture

Shutup ya face

Thu, 11/03/2011 - 09:53 | Link to Comment the tower
the tower's picture

looks like his meds are starting to wear off... too many cocks in his bunga bunga ass

Thu, 11/03/2011 - 09:55 | Link to Comment Marley
Marley's picture

You are very good at name calling.  You know, what you say about other people says very little about them and alot about you.

Thu, 11/03/2011 - 11:13 | Link to Comment the tower
the tower's picture

.

Thu, 11/03/2011 - 09:57 | Link to Comment Sqworl
Sqworl's picture

Roubini on Xanax...

Thu, 11/03/2011 - 09:58 | Link to Comment Racer
Racer's picture

"closely monitoring"

If I had a penny for every time they issued that statement and then did nothing I would be rich beyond dreams!

Thu, 11/03/2011 - 09:59 | Link to Comment Temporalist
Temporalist's picture
Riot police fire projectiles, arrest dozens of Occupy Oakland protesters

 

http://latimesblogs.latimes.com/lanow/2011/11/occupy-oakland-tear-gas-ar...

Thu, 11/03/2011 - 10:01 | Link to Comment RobotTrader
RobotTrader's picture

What's up with Estee Lauder?

A global run on makeup?

Hey, we had yet another -1250 TICK again today, that's 46 consecutive trading days in a row of -1000 or worse, a new NYSE record in "fear".

4 days in a row of -1250, still lots of panic out there.

That's the time to buy stocks.

Thu, 11/03/2011 - 10:12 | Link to Comment TTaco
TTaco's picture

MR. Inflation is in Da House ==> Who said Italians & Inflation are like Pasta & Bolognese

Thu, 11/03/2011 - 10:14 | Link to Comment MiniCooper
MiniCooper's picture

I come from the UK, a naturally Eurosceptical nation if our politicians ever allowed us to have a referendum.

I don't often find myself agreeing with George W Bush but 'Cheese Eating Surrender Monkeys' pretty much sums up my feeling about the whole charade in Europe right now.

Thu, 11/03/2011 - 10:36 | Link to Comment TooBearish
TooBearish's picture

Informa News wire points out Draghi`s son and nephew works at MS as rates trader and structuring. MS was one of the first to call 25bp cut.

Thu, 11/03/2011 - 11:10 | Link to Comment Heiman Van Rock...
Heiman Van Rockerchild's picture

These are just a gang of communist criminals pretending to be legit in front of the cameras. Once again we must abolish the federal reserve and its non governmental collection agency the IRS and return the control of money to the congress where it belongs.What is going on is high treason!

Thu, 11/03/2011 - 11:45 | Link to Comment azzhatter
azzhatter's picture

Talks like a faggot. My apologies to faggots everywhere

Thu, 11/03/2011 - 13:44 | Link to Comment silverserfer
silverserfer's picture

"The path ahead is dangerous with many mushroom monsters and flying turtles in the way of collecting the gold coins that are just laying around. The potential for gains depends on the boxes with the question marks on them. Depending on the contents of said box, the potential is there to get a bouncing star. If we are able to get this bouncig star, theoutlook is very good for a high yield in collecting numerous gold coins before the end of the current level ends quarter 1-2." 

Thu, 11/03/2011 - 19:01 | Link to Comment pain_and_soros
pain_and_soros's picture

If any German hadn't been buying gold before this ECB decision, you can be certain they will be now...

The euro will go the way of the lira, leaving Germans to fend for themselves without any Deutschmark safe haven.

I'm sure the Vatican won't mind.

 

 

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