Cette semaine danger de crash bancaire

France Resets The Rumormill: "No Plan To Recapitalize Banks" ... Until Tomorrow ZH
It's just getting plain idiotic in France and Europe. After last week the global stock market soared (then crashed) on two separate micro-occasions (since everything is now measured in HFT time) following rumors first from the FT then from someone we don't even remember who, that French banks would be recapitalized, here comes the strawman reset for the next 24hours. From Reuters: "French banks are solid and can face any risk from their exposure to Greek sovereign debt, the head of the Bank of France, Christian Noyer, told a French newspaper, adding that there was no secret plan in place to recapitalise them." Well, no, they are not. Just ask the Chinese. Or Siemens. But at least this latest refutation gives France hope that when BNP, SocGen and CA are all down 15%, leaking this same rumor for the third time, may provide a short-term temporary boost. Alas, not even the vacuum-tube controlled market is that dumb.

Ils peuvent raconter nimporte quels mensonges, les marchés ne sont pas si cons...
Le capital pour "sauver" les banques (4 billions usd, billet d'hier) n'est pas là. Et c'est des dollars qu'il leurs faut.

L'État aurait préparé un plan de sauvetage des banques
Le gouvernement aurait soumis, mi-septembre, aux cinq principales banques françaises un plan qui visait à les renflouer à hauteur de 10 à 15 milliards d'euros, rapporte Le Journal du dimanche. L'Élysée et la Banque de France démentent. [...] Figaro

Jim Willie: Billboard Signals of Collapse 24hGold

JP Morgan: Il va y avoir de dégats considérables en Europe
L'économiste en chef de la JP Morgan a dit lors d'une conférence de l'IIF (Institute of International Finance) que le moment ou on autait pu résoudre la crise de la dette européenne était dépassé. La Grèce est banqueroute. Europa va entrer en recession, la Grèce dans une depression. le contrat social entre la Grèce et le reste de l'Europe est rompu.
Les actions non coordonnées et sporadiques des dirigeants politiques a laissé l'impression que les gouvernements ne savaeint pas comment resoudre la crise. Le mal est fait
Deutsche MittelstandsNachrichten

Les banques US suivront:
Morgan Stanley's Exposure To French Banks Is 60% Greater Than Its Market Cap... And More Than Half Its Book Value ZH

Et la fuite continue...
Les fonds américains fuient les banques européennes!
Selon Fitch Ratings, ils ont réduit leur exposition aux établissements européens en retirant 27% de leurs placements ces trois derniers mois. Figaro

Eurozone leaders' comedy of errors brings monetary union to the brink Telegraph

Are YOU ready for Dow 7,000?
It may be shocking to hear me say that the Dow Jones Industrial Average is headed for 7,000 … because even after this past week’s carnage, the Dow is still sitt sing comfortably above 10,500![...] Money and Markets

Here We Go - This Is Why They Wanted To Annihilate The Metals This Week
G20 sources: all efforts behind the scenes (by G20 members) are now going into recapitalising banks, preparing economies for default. [...] The Golden Truth

Le crash boursier d'octobre:

2,250,000 Contracts Betting Against October S&P 500

Open Interest in Shorting the S&P 500 Index in October has climbed to over 2,250,000. (Source) This is historically unprecidented and shows that the Satanic Psychopaths are bringing down the whole economic house of cards. The S&P 500 represents the top 500 companies with the greatest amount of money invested in their stocks. Altogether, the S&P 500 represent 75 cents of every dollar invested in the stock market.[...] Drockton