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Mish Fined 8,000 Euros for Quoting French Blog

MishTalk

On September 2, 2011, the Wall Street Journal chimed in with A French Banking Primer. trillion balance sheet is leveraged nearly 49-to-1. As a group, these three banks have some €4 trillion in assets on their balance sheets, supported by €129.3 French Banking Primer. of its assets—which means its €1.6

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Syriza Trounces New Democracy; Greeks Stop Paying Taxes; Run on Greek Banks Escalates; Get Out!

MishTalk

The Wall Street Journal reports Greece’s Radical Leftist Syriza Party Poised to Win Election, Exit Polls Say. of the vote, trouncing the incumbent New Democracy party, which managed to secure just 23% to 27% of the vote, according to the exit polls whose results were issued immediately after voting booths closed.

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Laughable Eurozone Banking "Non-Union"; Expect Disorderly Breakup

MishTalk

Germany Backtracks on Banking Union MarketWatch reports Germany appears to backtrack on EU banking deal EU finance ministers have promised to agree on a so-called single-resolution mechanism--consisting of more centralized decision-making and financing for the shuttering or downsizing of failing banks--before the end of the year.

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