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Daily Archives: June 11, 2012
“Banks are broke” and “Euro bonds won’t fix EU debt crisis”
James Bianco, president of Bianco Research LLC, and Mort Zuckerman, chairman and chief executive officer of Boston Properties Inc., talk about Europe’s sovereign-debt crisis. Here is the direct link.
More GMAB- Spanish PM insists banking “Spailout” not a “bail out”
This morning early news is abuzz that Spanish banks have been extended a 125 billion Euro liquidity line from the European taxpayers with no conditions whatsoever. Shades of the US TARP come to mind when Congress passed the first of … Continue reading
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