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ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%

 
Anonymous Coward
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Brazil
03/25/2013 10:15 AM
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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
:5aws:
 Quoting: No More Lies


rofl
Anonymous Coward (OP)
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Portugal
03/25/2013 10:17 AM
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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
1,2833!!! abombabombabomb
 Quoting: Luisport


1,2829!!!
anonymouse
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United States
03/25/2013 10:19 AM
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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
I lost about 10% of my normal wage today due to extended lunch you dont see my losses in the news, fuk!
mrmuffins69

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03/25/2013 10:20 AM
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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
1,2833!!! abombabombabomb
 Quoting: Luisport


1,2829!!!
 Quoting: Luisport


ITS GOING DOWN!!!!!

Anonymous Coward (OP)
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Portugal
03/25/2013 10:20 AM
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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
Cyprus Market‏@russian_market4 min
EURUSD = FALLING PIANO FROM THE ROOF
Saddletramp

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Puerto Rico
03/25/2013 10:24 AM
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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
Cyprus Market‏@russian_market4 min
EURUSD = FALLING PIANO FROM THE ROOF
 Quoting: Luisport


Oil off more than a dollar from it's daily high...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
No More Lies

User ID: 1178326
United States
03/25/2013 10:25 AM

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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
Cyprus president to address nation and Russians at 6:15 pm GMT:

Last Edited by PANIK on 03/25/2013 10:25 AM
Anonymous Coward (OP)
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03/25/2013 10:33 AM
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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
Cyprus Market‏@russian_market1 min
ECB SAYS WON'T OBJECT TO CYPRIOT REQUEST FOR LIQUIDITY
AID. (But.. but Monday is over)
Anonymous Coward (OP)
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03/25/2013 10:35 AM
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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
Bloomberg Athens‏@BloombergAthens8 min
Cyprus May See Significant Bank Withdrawals, Schmieding Says [link to bloom.bg] via @BloombergNews
Saddletramp

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Puerto Rico
03/25/2013 10:36 AM
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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
Bloomberg Athens‏@BloombergAthens8 min
Cyprus May See Significant Bank Withdrawals, Schmieding Says [link to bloom.bg] via @BloombergNews
 Quoting: Luisport


Gee, ya think?!?!?
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Anonymous Coward (OP)
User ID: 36835292
Portugal
03/25/2013 10:37 AM
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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
Bloomberg Athens‏@BloombergAthens8 min
Cyprus May See Significant Bank Withdrawals, Schmieding Says [link to bloom.bg] via @BloombergNews
 Quoting: Luisport


Gee, ya think?!?!?
 Quoting: Saddletramp


tounge
Anonymous Coward
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Austria
03/25/2013 10:38 AM
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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
peepants


siren2 A L A R M A siren2


ops
Anonymous Coward
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United Kingdom
03/25/2013 10:40 AM
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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
well that worked out well! banana2
Anonymous Coward
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03/25/2013 10:40 AM
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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
Bloomberg Athens‏@BloombergAthens8 min
Cyprus May See Significant Bank Withdrawals, Schmieding Says [link to bloom.bg] via @BloombergNews
 Quoting: Luisport


BWaaHaaHaa!
Anonymous Coward
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United Kingdom
03/25/2013 10:42 AM
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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
how long do they think they can stop people withdrawing their money? they cant hang on to it forever
Anonymous Coward
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03/25/2013 10:42 AM
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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
Market will go up in 4 hours.
Anonymous Coward (OP)
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Portugal
03/25/2013 10:47 AM
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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
zerohedge‏@zerohedge4 min
*KING SAYS CRISIS MAY HAVE MORE `TWISTS AND TURNS' - hire a navigator who sells newsletters?
Anonymous Coward
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03/25/2013 10:47 AM
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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
Burn motherf$cker burn!
LT Prepper

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03/25/2013 10:47 AM
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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
All across Europe depositors will be withdrawing funds as quickly as possible. This will trigger an EU wide withdrawal limit. Then the citizens will be howling to leave the EU. Eventually one country will capitulate and leave. This will lead to a complete desintegration.

Isn't this pretty much what has to happen now?
 Quoting: Anonymous Coward 23556561


Here's your sign...
dynamite...abomb
Anonymous Coward
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03/25/2013 10:48 AM
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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
Who would invest in a bunch of socialist and communist countries companies anyway?
 Quoting: uscrusader1



well if your money and investments are in the usa... i guess you would.
No More Lies

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03/25/2013 10:49 AM

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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%


Last Edited by PANIK on 03/25/2013 10:56 AM
Anonymous Coward
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Greece
03/25/2013 10:49 AM
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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
how long do they think they can stop people withdrawing their money? they cant hang on to it forever
 Quoting: Anonymous Coward 34765812


Sure they can. Capital controls can stay on place for a long time if another bailout in needed in the interim and those funds are hit with yet another tax while still being held, most will never see their money again.

"How long could capital controls last?

If you believe Mr Barnier, only a few days.
But as JP Morgan highlighted in a note on Monday, Iceland's unlimited guarantee on domestic deposits managed to stem deposit outflows in late-2008 because the government guaranteed deposits in its own currency, and foreign exchange controls prevented money moving abroad.
"On the other hand, Cyprus is slated to impose losses on deposits based in Cyprus, but not in Cypriot banks' branches abroad, in essence reflecting the fact that its deposit haircut is set to be implemented as a domestic wealth tax," said Nikolaos Panigirtzoglou.
"The IMF forecasts the Iceland's capital controls will not be removed until 2015, suggesting that any Cypriot capital controls could turn out to be quite extended."

[link to www.telegraph.co.uk]
Anonymous Coward (OP)
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03/25/2013 10:51 AM
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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
Cyprus Market‏@russian_market36 s
THIS-> @Neil_Irwin Speedy reversal from earlier @Kelly_Evans Dijsselbloem statement: Cyprus is a unique case.no models or templates are used
Anonymous Coward
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Greece
03/25/2013 10:52 AM
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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
I'm expecting the next move of Russians. I wonder how many goerment puppets had more than 100000 euros in ONE account. Or they managed it to create several of 99.999 in the previous days?
CripplingLies

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03/25/2013 10:55 AM
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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
Going up a little bit now, but peaked in 1.2834

[link to www.investing.com]
Anonymous Coward (OP)
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Portugal
03/25/2013 11:13 AM
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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
Business Insider‏@businessinsider2 min
Eurogroup Backtracks On Controversial Comments About The Cyprus Deal As A Restructuring Template [FULL TEXT] [link to read.bi]
Anonymous Coward
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United Kingdom
03/25/2013 11:16 AM
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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
how long do they think they can stop people withdrawing their money? they cant hang on to it forever
 Quoting: Anonymous Coward 34765812


Sure they can. Capital controls can stay on place for a long time if another bailout in needed in the interim and those funds are hit with yet another tax while still being held, most will never see their money again.

"How long could capital controls last?

If you believe Mr Barnier, only a few days.
But as JP Morgan highlighted in a note on Monday, Iceland's unlimited guarantee on domestic deposits managed to stem deposit outflows in late-2008 because the government guaranteed deposits in its own currency, and foreign exchange controls prevented money moving abroad.
"On the other hand, Cyprus is slated to impose losses on deposits based in Cyprus, but not in Cypriot banks' branches abroad, in essence reflecting the fact that its deposit haircut is set to be implemented as a domestic wealth tax," said Nikolaos Panigirtzoglou.
"The IMF forecasts the Iceland's capital controls will not be removed until 2015, suggesting that any Cypriot capital controls could turn out to be quite extended."

[link to www.telegraph.co.uk]
 Quoting: Anonymous Coward 36840093


not really gonna help poor old cyprus is it
Anonymous Coward (OP)
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03/25/2013 11:16 AM
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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
Business Insider‏@businessinsider1 min
A Gigantic Pension Fund Is Reportedly Considering A Change That Should Make Investment Mangers Freak Out [link to read.bi]
Anonymous Coward
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03/25/2013 11:19 AM
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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
Tanking??? WHen we start closing in on a 30% drop then I will get interested. Until then this shit is flucuation.
Anonymous Coward
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Italy
03/25/2013 11:25 AM
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Re: ITALIAN MARKET TANKING!!! BIG BANKS HALTED!!! Italian downgrade rumor is back!!! -2,70%, SPAIN -2,70%
same old BS

we (me and Silvio) are monitoring the situation over here

everything it's OK






GLP