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August 2011

News Rumors were close to destroy the Société Générale

4 Billion losses related to ETFs, losses in its Greek subsidiary and ECB rescue amounting € 5 Billion...this is an anthology of the rumors that ran in the markets about Société Générale.

August 2011

News Goldman Sachs hit by trading losses

Goldman’s traders lost up to €100 million in a single session, according to Bank’s regulatory filing to the U.S. market authority

August 2011

Strategy Buying European equities or how to catch a falling knife

European Equities have already been cheap for a while, so why should we buy now?

August 2011

News ECB to buy Italian and Spanish bonds

The European Central Bank, which has announced strong intervention on the markets, will buy Italian and Spanish debt according to a source close to the bank

August 2011

News S&P lowers rating of U.S. debt to ’AA +’.

Last Friday, the rating agency Standard and Poor’s lowered the rating on the U.S public debt by one notch from ’AAA’ to ’AA +’, just days after the agreement between Republicans and Democrats.

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