Hello Brenda, the Greek Government never told their banks that they had to participate, they did it on their own. Also no i am not wondering if you are invested in any Greek bank, i would have asked you if you were. Have a great evening
Goldman, Europe are all blackmailers, but Greek Banks that made bond holders take huge haircuts twice then do huge reverse splits on greek bank stock then sold billion of extra shares they created is worse then Goldman ever could be, thats not saying much for how Greeks do business
It looked great for longs on NBG this morning then Tsipras gets on TV and tells everyone Greece is being blackmailed. Pick your worst person on this board and he/she could run Greece better then Tsipras, its a shame they don`t do mental health checks on people running for President, and now i have to admit even Obama ha more brains then Tsipras and thats not saying much.
19 minutes ago
By Renee Maltezou and Alastair Macdonald
ATHENS/BRUSSELS (Reuters) - A defiant Prime Minister Alexis Tsipras urged Greeks on Wednesday to reject an international bailout deal, wrecking any prospect of repairing broken relations with EU partners before a referendum on Sunday that may decide Greece's future in Europe.
Less than 24 hours after he wrote a conciliatory letter to creditors asking for a new bailout that would accept many of their terms, Tsipras abruptly switched back into combative mode in a television address.
Greece was being "blackmailed", he said, quashing talk that he might delay the vote, call it off or urge Greeks to vote yes.
Hello Hero, the U.S owns Puerto Rico and we just announced we will not bail them out. Puerto Rico now has to deal with Wall Street who owns them or change their law. Their Constitution doesn't allow them to go bankrupt,,,,, WASHINGTON (AP) -- The White House threw cold water Monday on the notion of bailing out Puerto Rico from its financial crisis, instead urging Congress to consider changing the law so the island can declare bankruptcy.
On the heels of a dismal economic report, Puerto Rico's governor has warned that the commonwealth can't pay its $72 billion public debt, delivering a serious blow to Puerto Rico's recession-addled economy. But White House spokesman Josh Earnest said the federal government would provide financial expertise and access to existing resources — but not a bailout.
The Russian news tonight is Russia`s economy is collapsing, we have two issues that will crush tomorrow`s market
and what makes things worse is the news on Russia, its ready to collapse, so they are pumping as much oil as they can, and we have a Greek default to be announced Tuesday. Oil at 30 a barrel would be a great time to buy, dont say it cant happen, it was 36 a barrel in the 2009 collapse market, good luck everyone
A double hit to the market with the Russian news, look for, Putin Meets Economic Collapse
and tomorrow morning you get the highest volume every in all Greek bank stocks, every Greek ADR will be sold well they will try to find a buyer for the Greek ADR`s
DOW future down 300 points, when the markets open the panic will begin, margin calls for about every stock will cause even more selling.
Jun 28, 2015 5:39 p.m. DOW futures down almost 300 points, we could easily see a 600 to 900 point drop in the DOW tomorrow
Hello jos, the only thing i bought to help protect myself was USLV a 3 time silver long position, and Gold is up over 10 dollars already, and i expect gold to open 50 dollars an oz higher and silver to open up 2 dollars an oz higher, good luck
Thats a press release to make Obama look good, its Europe who makes the real decision on who stays in the Euro and who goes, not Obama
I agree its been on the wall for several months, what made me decide that Greece was no longer a trust worthy nation was when they demanded war reparations from Germany to pay off their debt. Greece never wanted to change their life style and wanted everyone else to pay for their life style. Russia went bankrupt in 1998 and started all over again, Iceland went Bankrupt in 2001 and started all over again. Greece getting a clean slate by going bankrupt will help their people as long as they have a desire to work, that will remain to be seen. Funny thing all Greeks in America that i know are hard workers and never lived off the system, makes you wonder whats left in Greece.
Greek banks and Greece stock market to be closed on Monday so Greece can put in capital controls, looks like bankruptcy at least 90% chance Greece goes bankrupt
As Greece’s financial crisis worsens and the possibility of a Tuesday default on its international debt grows greater, Greece’s banks will remain closed Monday and capital controls will be imposed, according to media reports Sunday.
Greece’s stock market also reportedly will be closed.
The bank closure may extend through the July 5 referendum on Greece’s debt proposal to its international creditors, according to reports.