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Did they ever try to seduce you with a chambermaid?
(here is a link to a free standing player of the above broadcast)
Trichet will be remembered as one of the stingiest ECB chairmen ever. I will never forget the time when Trichet raised the ECB benchmark lending rate, sending euro bonds plummeting and hammering the balance sheets of many of my financial stocks with exposure to European debt. Trichet is a selfish pig, with no regard for those of us with buy-and-hold equity portfolios. My heart goes out to those patriotic European investors who suffered the same consequences with their Euro-stock and bond portfolios.
So, the ECB repos Euros for used banana peels and condoms (European Bank toxic assets, Greek bonds, ect.) and the US -as confirmed two days ago by Bernanke on TV- repos unlimited dollars for Euros? We should just skip all the repos and make used banana peels and condoms the currency.
always more lies, never the truth.
Lower Euro i need it man.
why does trichet call it LTRO?
Let,s call it for what it is: TROL!
I hate this priggish, complacent French bastard.
I hate this priggish, complacent French bastard.
- From the Department of Redundancy Dept.
Mumbling is preferable at this stage in the game.
It hasn't even started and I'm already tipsy from the smell...
Let me add quickly before I black-out, there was some weird tension going on here. Europe is heading back to tribalism while Trichet retires in Monte Carlo.
He brought us all market stability what more needs to be said?
Obummer-Style of being late!
Let's get this party rollin'.
11 days until Black Monday II
Bank of England Surprises Market With Large Expansion to Asset Purchase Plan; Pound Collapses
International Jonathan Granby, On Thursday October 6, 2011, 7:24 am EDT The decision to expand asset purchases made by the MPC was certainly expected but the timing and size of the action has caught many by surprise which has led to a sizeable Sterling sell-off intraday….
The Bank of England has moved to expand its asset purchase plan by 75 billion pounds to 275 billion pounds. An action which has defied expectations of a move of 50 billion pounds in coming months, few had suggested the central bank would act in October. The MPC voted to keep its interest rates on hold at 0.50%. While the action itself is not all that shocking since the market was broadly expecting the Bank of England to expand its asset purchase plan in coming months to support the floundering economy the size and timing of the action was certainly surprising. The shock factor of the size...cont
Glad you can't eaty gold or I'd be buying it by the mouthfull.
must it be shots of Jager? really?
Yah...but..will he tell the truth - finally...
Authorities are trying to determine if this was Timah, the Bernanke or Trichit or Blythe Masters doing her thing at work.
Or are they all the same person.
They deliver, and the MSM spend all their time polishing every turd.
"sexual prophylactics"? I didn't realize there was any other kind.
prophylacticsplural of pro·phy·lac·tic (Noun)
Fix your fucking ECB link, twats
Vee haf ze prrrrice stabiliteeeeeeee!!!!
will turn into
Weee-ah need-ah more-ah Euros!
Wow, already in the introduction a 'ze price stabeleteee'
*13* months LTRO fixed-interest tender. Huh?
There is only one CB and that is the FED --- these other entities/Central Banks will become obsolete. this guy has his Golden Parachute packed and is hitting the road
And the BBC and world media were 'SHOCKED' when Allesio said in the interview 'Goldman Sachs rules the world'?
Did he just say that 12 month QE was to start October and 13 month QE was to start December ?
"Covered bond" ?
Other phrase for QE ?
good riddance to just another maggot banker
I just shorted Deutsche Bank. I hope this fucker doesn't screw me up.
Euro Zone Inflation low, growth rate high, future is bright. I did a great job. Well thats it for me , retirement, see ya suckers on the golf course. hahahahahaha
Buaahahhahaha! WHAT DOES THIS FRENCH BANKER SMOKE?!!!
I'd rather go down on Lagarde after she'd done a spin class than listen to this idiot for 45 minutes.
Note to self:
Read comment, THEN sip coffee.
German commentary: Draghi is a hawk for ZE PRICE STABELETEEE --- o'rly? wahahahah.
Holy Crap!!...I don't have nearly enough Jager in my bar freezer.
"More importantly, today's "shot rules" are a shot of Jager every time the words "price stabeeleetee" are uttered."
This challenge scares me. Oh, what the hell, why should we even bother pacing ourselves? At 5 syllables, could probably do 3 shots per utterance.
These are the kind of rotten psychopats we tried to rid ourselves during the WW2... well the war was lost and now we, and our children and their children will pay the price.
Shorts better cover, no recession happening, earnings season starting and I expect more upside from here.
Obviously not a troll...
Love to see the IP trace on this one.
See, I told ya! Green Green Green!
"I hate this priggish, complacent French bastard"
Fyi he shouldn't be here right now. He was put in that position after a diktat by Chirac. Everyone in Europe knew he was a tool but they relinquished and "agreed" on Trichet provided he wouldn't be around for long (3 4 years). After that a competent person would replace Trichet. That guy was to be Wim Duisenberg alas he died prematurely in 2005. So Trichet glued his ass to his barstool... and in 2011 he's still here... prancing like a twin of Bernanke.
'Everyone in Europe knew he was a tool but they relinquished and "agreed" on Trichet provided he wouldn't be around for long (3 4 years).'
Being a tool is the job itself, the very essence. It doesn't matter whether it's Trichet, Draghi or Twiddy bird.
He has "price stability" again, how many times has he said these words during his speech ?
I had to quit the drinking game after he said price stability 5 times in a row in one minute. I was at 4 shots of vodka.
Interesting to see if we are selling this "news".
BOE expaaaanding QE + ECB donkaments = flushing crispy fiatscos down the shitter at record pace.
And there we have the leaked reason for the market ramp we have witnessed; the mere promise to ignore the problems and continue the print-fest.
Trichet is a criminal, who should be in prison for the short rest of his life.
Is this bullish?
Trichet has been regurgitating his krisis prevention model for years.
2007 - Brussels Minute
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