Major US Banks Preparing For Collapse? Canceling Employee Summer Vacations?

interesting

No worries, Barry and Ben will print just the right amount of greenbacks to save the day

Something wicked this way comes.

this is it....

This is stupid

Here's the article about the soon to be ex-head of the world bank


The head of the World Bank yesterday warned that financial markets face a rerun of the Great Panic of 2008.

On the bleakest day for the global economy this year,  Robert Zoellick said crisis-torn Europe was heading for the ‘danger zone’.


[link to www.dailymail.co.uk]

We are a bit late to the game. It looks like some market forums have been on this for a few days but it doesn't appear as though they got much traction. Maybe we can bring this to the attention of more individuals.

If nothing else this doom has been effectively canceled simply due to the GLP effect.

Thanks for the pin

Here are the relevant tweets:

[link to twitter.com (secure)]

It's coming.... All The Data shows it and all the S&P 500 Insiders have already sold off all their stocks.....
[link to offgridsurvival.com]

Actually this info was posted here but within a thread:

[link to www.godlikeproductions.com]

LOL :D

And so it begins...

fuck

As it is all "rumor" there isn't much more I can find. Hopefully this thread will at least remained pinned until the 12am refresh. Those citing the rumor on twitter are using their real names and the are in the financial industry. Unfortunately whether they wanted this info to go viral or not..it just did. Here is another reference to it at the examiner.


"On June 2, precious metals expert and Chairman of Swiss America Trading Corporation, Craig R. Smith, sent out an urgent email blast stating that after the economic events that took place on Friday, the markets are primed for a new Lehman-type meltdown, similar to what took place in the financial system in 2008....

"...Craig Smith's belief that the economic system is on the edge of another meltdown is being echoed by many high ranking analysts and financial experts.  On May 31, Robert Zoellick, the head of the World Bank, issued a warning that we are on the cusp of a return to the panic of 2008, and the very next day, market rumors began to erupt that Pimco and JP Morgan were cancelling summer vacations to prepare for a potential financial collapse in the markets over the next few months..."

[link to www.examiner.com]

Like I said above..... this is no Rumor!!!! All you have to do is look at the data to know it's coming. Everyone of the insiders know whats coming that's why they all sold the shit out of their own companies.

Please post anything else you find out about this or other banks here..seems to me something has definitely spooked them to the core. Even Soros is saying 3 months.

[link to www.businessinsider.com]

Nothing against you but It's considered rumor until the entities involved officially make the information public (which they won't), regardless as to whether it is actually occurring or not.

oh no! not the panic of 2008!

At over a thousand reads already, I suspect this thread has reached more than the other forums combined.

Thank you GLP for providing a site that can reach so many at such an important time in our lives!

No offense taken....

Just saying that even if this specific tweet was wrong, the writing is on the wall.... there really is no way it won't happen.

CEO'S not included in this circus event!!!!!!!

just posted this on another thread but it sure fits here.
music break but listen and see what you hear.

ashes to ashes we all fall down

Hang Seng @ -2.4%
Nikkei @ -2.0% (actually a bit improved from earlier)

I know many will say that 2% is nothing, but the markets have been dropping day after day.

Another round of QE and with it false hope are likely going to happen. With the 1/2 life of QE now down to only a few weeks or possibly a month or two, there may be a chance for a short rally during these next few months that so many seem to be claiming.

Good night everyone

Inadvertently...................they WILL.......hang on to your tomato plants sister and brother!!!!