And Now—ITALY Falls Apart!!! BANK OF SPAIN SAYS ARIZTEGUI HAS RESIGNED. Follows Miguel Angel Fernandez Ordonez!!! Spanish CDS Storms Above 600bps

ck this : [link to stockmarketspore.blogspot.com]
shit is hitting the fan

-140!!!

A win of Syriza this Sunday and on Monday you have your 7%

-147!!!

Dow /quotes/zigman/627449 12,412 -142 -1.13%
Nasdaq /quotes/zigman/123127 2,810 -49 -1.70%
S&P 500 /quotes/zigman/3870025 1,309 -17 -1.26%
GlobalDow /quotes/zigman/629063 1,755 -5 -0.26%
Gold /quotes/zigman/676896 1,599 +8 +0.50%
Oil /quotes/zigman/2203147 81.65 -2.45 -2.91%
FTSE 100 /quotes/zigman/3173262 5,432 -3 -0.05% CAC 40 /quotes/zigman/3173214 3,043 -9 -0.29% DAX /quotes/zigman/2380246 6,141 +10 +0.17% FTSE MIB /quotes/zigman/1482176 13,071 -375 -2.79% IBEX 35 IDX /quotes/zigman/2759620 6,516 -36 -0.54% GlobalDow 1,755 -5 -0.26%
Nikkei 225 /quotes/zigman/5986735 8,625 +166 +1.96% Hang Seng /quotes/zigman/2622475 18,954 +451 +2.44% Shanghai /quotes/zigman/1859106 2,415 +26 +1.07% S&P ASX /quotes/zigman/1652099 4,111 -46 -1.09% Sensex /quotes/zigman/1652085 16,668 -51 -0.30% GlobalDow 1,755 -5 -0.26%
Euro/$1US 1.2487 -0.0154 $1US/YEN 79.4600 -0.1669 Pound / $1US 1.5490 -0.0022 Dollar Index 82.55 0.11 10yr T-note 1.60 -0.04 $1US/Aussie 0.9872 -0.0114

Doom for all.

STOCKS CRUMBLE AFTER MORNING RALLY, Bailout Goes Bad

The rally this morning was wiped out as the market trended sharply into negative territory.

First the scoreboard:

Dow: 12,401.7, -1.2%

S&P 500: 1309.0, -1.3%

NASDAQ: 2809.7, -1.7%

And now the top stories:
India was threatened by a possible downgrade to junk by Standard and Poor's this morning, making it the first BRIC nation to lose its investment grade status. In April, the ratings agency lowered its outlook on the country to negative from stable on slowing GDP growth and political hurdles.
Diamond Foods did not meet a deadline to restate past quarterly results and file delayed 2012 performance today, resulting in its possible delisting from the Nasdaq. The owner of Pop Secret popcorn and Kettle Brand potato chips said it expects to receive a delisting determination letter from the exchange, which could lead to its expulsion from the exchange. Click here to read all about the rise and fall of Diamond >
The euro briefly traded below $1.25 per U.S. dollar, erasing gains the currency had made after falling tumultuously earlier in the month. At 4:00 p.m. the euro traded at $1.2497.
Fitch Ratings downgraded Spain's two largest banks, Santander and BBVA, to BBB+ from A, following the downgrade of the country's long-term credit rating last week to BBB. Fitch kept both banks above Spain's rating because of "geographical diversification, strong financial performance and a proven capacity to absorb credit shocks. However, the agency believes that there is a close link between bank and sovereign credit risk."
Italy and Spain both sold off after strong morning rallies, suggesting that investors are concerned with parts of the Spanish bailout. Particularly, yields rocked higher in both countries on fears that the European bailout funds could subordinate other holders of sovereign debt. Here's why everyone is freaking out that the Spanish bailout won't work >
Apple revealed a number of new products and upgrades at its World Wide Developers Conference in San Francisco. The tech giant revamped its lineup of laptops, launched Maps for iOS, and added sports to Siri. Shares in Apple, which were up for most of the day, ended down more than 1 percent. During its announcement, fellow tech companies Facebook and OpenTable got a boost, when Apple revealed new integration with their products.
Late in the afternoon, the U.S. said it would offer seven countries exemptions from Iranian oil sanctions, including India and South Korea. Crude oil futures declined more than $2 to $81.94.


Read more: [link to www.businessinsider.com]

When their mouths open...

Doom in a nutshell, eh?

All in a matter of what???? 8 hours...

econ doom in full effect!!!

[link to www.sgxniftydowfutureslive.com]

Yep, a totally topsy-turvy day. This could be a surreal week.

zerohedge‏@zerohedge

@AJInsight problem is German CDS is USD denominated. And if Germany flounders, USD will collapse after more QE

Spain, Greece, Portugal, Italy, Irealnd: Solution is simple:
1. restore independence
- currency
- constitution
- borders control.

2. Regain control of what is possible among the assets that spanish / greek / portuguese / italian / irish traitors transfered to illuminati accounts (real estate, firms)

3. Seek protection under Russia's shield from NATziO bombs

====>>>
to get how the illuminati steal assets from "countries" "ruled" by their puppets all you need is to get how they steal the Euromillions jackpot, which is exactly the same way the Megamilliions is rigged

[link to www.scam.com]

2 min zerohedge‏@zerohedge

Someone was not too happy with EURUSD at 17:00
1,2465...

zerohedge‏@zerohedge

Here's what happens: Germany waits until the last moment, then bails out Europe using its DIP loan, on its own terms.

if we have this week the downgrade of US bigest banks i just can't imagine what will happen...

Thanks for today! Great thread!! Everyday comes a new crises. I wonder how long they can keep the boat afloat? Godnight buddy

you sure you live there?

DOOM!

DOW is meaningless..as long as I keep getting my unemployment and SSI checks in the mail, the rest is just details.

What five?