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DOW Trades Up 300 Points, Simon Johnson On Bailout 2.0, EU Considers Short Sale Ban, Goldman Sachs Has Lost Its Mojo, BofA Tries To Raise Cash, Whalen On Banks To Buy

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Greece begins €50bn privatisation drive


The asset sales prepare to commence.
Aug 11, 2011 at 12:05 PM | Registered CommenterDailyBail
WASHINGTON (MarketWatch) — A day after the Fed’s historic pledge to keep rates near zero for the next two years, experts said they expect more moves from the central bank in coming months.

“There is no reason to assume that the change in the language….is the end of the road,” said Lou Crandall, chief economist of Wrightson ICAP, in a note to clients.

Jan Hatzius, chief U.S. economist at Goldman Sachs, said there is now a “greater-than-even chance” that the Fed will resume quantitative easing later this year or in early 2012.

Aug 11, 2011 at 1:02 PM | Registered CommenterDailyBail
Pelosi picks Clyburn, Becerra and Van Hollen for deficit ‘super committee’


Note: all 3 are in favor of cap and trade and we know how much Pelosi loves the VAT tax.
Aug 11, 2011 at 2:52 PM | Unregistered Commenterjohn
This was written by RedState.Com Editor Erick-Woods Erickson

Aug 11, 2011 at 3:44 PM | Unregistered CommenterTR
Societe Generale (GLE) SA, which yesterday plunged 15 percent, is among banks being targeted by investors because of its perceived dependence on short-term funding, according to analysts at Royal Bank of Scotland Group Plc.

Aug 11, 2011 at 6:46 PM | Registered CommenterDailyBail

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