Greek Bailout

Source: www.fundmymutualfund.com --- 1 day ago
US banks, Fannie, Freddie, AIG, Dubai, Greece... let us keep this moral hazard party going.   It's official . If you are following along at home... UAE stands behind Dubai EU stands behind Greece (as they will behind Portugal and Spain) Japan stands behind itself The IMF will stand behind the UK Federal Government stands behind US banks, Fannie, Freddie, AIG Federal Reserve stands behind Federal Government The Earth stands behind the Federal Reserve Mars stands behind the Earth The Solar System stands behind Mars The Univere stands behind the Solar System Got Bailout? However if you are not too big to fail, and just a normal peon.... you are free to fail.  But please send in your tax returns first. Conclusion? Buy stocks. The eurozone has agreed a multibillion-euro Bailout for Greece as part of a package to shore up the single currency after weeks of crisis, the Guardian has learnt.  Senior sources in Brussels said that Berlin had bowed to the Bailout agreement despite huge resistance in Germany and that the finance ministers of the "eurozone" – the 16 member states including Greece who use the euro – are to finalise the rescue package on Monday. The single currency's rulebook will also be rewritten to enforce greater fiscal discipline among members. The member states have agreed on "co-ordinated bilateral contributions" in the form of loans or loan guarantees to Greece if Athens finds itself unable to refinance its soaring debt and ...