Subscribe to RSSNational Bank of Greece (NBG) Bid Rejected by Alpha Bank
The $3.8 billion unsolicited from National Bank of Greece SA (NYSE:NBG) for Alpha Bank SA, was rejected as an inadequate offer by Alpha’s board.National Bank...
Bloomberg Sues Trichet & European Central Bank
Bloomberg News filed a lawsuit against the European Central Bank, seeking the disclosure of documents showing how Greece used derivatives to hide its fiscal deficit...
The Top 25 Financial Stories of 2010
So long farewell, auf weidersehen good-bye 2010. I can’t say that I will miss you. In the meantime, let’s hope 2011 isn’t the year that all of...
Insiders Head for the Exits
If insider selling is any indication, we appear to be at or near a top in stocks. Over the last six months, corporate insiders sold over 120 million shares, while...
Gold, India, Silver, Tech and Mongolia
Today I give you five sectors in which I suggest you put your money now. Gold breaks out! Charts that hit new highs tend to continue to hit new highs. With 60%...
Greek Economy Shrinks
Filed under: International Markets , Economic Data , Recession U.S. markets sold off Tuesday amid fears of European debt defaults. On Wednesday, news that Greece’s...
Roubini: 40 Percent Chance of a Double Dip
Here’s the latest take on the world economy from economist Nouriel Roubini. Needless to say, he’s still bearish…. From CNBC by Patrick Allen entitled:...
Athens Mobilized Army To Break Up Strike
Greek lorry drivers have backed down and called off a strike that had paralyzed the country, crippled its travel industry and stranded hundreds of thousands of tourists...
Schwarzenegger’s California Goes Greek
It’s days like this that Arnold Schwarzenegger probably wishes he never left Austria and discovered steroids. Much like in Greece, California is hitting...
2000yr-Old Secret Organization Makes Threats Against Greek Navy Supplier
A rather disturbing video is recently uploaded on YouTube, showing a young man in military style clothing placing some kind of package outside the building of a...
European Bank Stress Tests Are Loosing Credibility
“If HRE is the only German bank that fails, that completely discredits the tests – not just for Germany but for the whole of Europe,” one senior banks analyst...
A glimpse into Europe’s Bank Stress Test Scenarios
Bloomberg has an article which outlines the the 3 scenarios involved in the European bank stress tests, which are looking more and more like a complete sham....
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