Things are quiet but there is a lot going on behind the curtain. The best "one" of the day is that they may have "found" the missing $ 700 Million in MF Globals account at JP Morgan. The last thing the Banks want is for the Volker Rule NOT to get watered down and $ 700 Million is a cheap price to pay to pretend that Wall Street is honest and that we do not need a Volker Rule. I still have EUO - it smells as if they kept a lid on the Dollar. Governments around the world still work for the Banks and until that changes the world will be trapped in the land of smoke and mirrors.
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesJune 2012 Categories |
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