i beg to differ... it was not any stuff about or from Greece that caused the stock market surge ...
the surge today was a direct result of the blatent falsehoods the Sec of Treas. Mr. Tim Geithner
spewed in the interview with 'Kramer' of CNBC...
'TG' stressed that there would no "Leahman' types of game changing collapses in the EU territory...
[of course he was cheer-leading & grand-standing pure BS... in large part to quell the volitile markets of the past week(s)
I liked when at the last minute of the interview... that Geithner was alluding to the 'Magical thoughts' that the
Øbama & the EU were engaging in... but he cut of that train of thought by stating to Kramer---
I don't wish to disclose that right at this time' (or something to that effect)-
(heck that was@ 8:40AM so i forgot the exact words)
~ of course Geithner is going to Europe on this Friday (15 Sept '11) for the EU bank conference/Summit...
he might just be thinking ahead of the present time with those earlier remarks., as he might be bringing the administrations' actions to the table,
which he thinks are stupid------ who knows?..~
but the cat's outta the bag... there's something that just does not jell with the self declared 'fiscal Hawk' that's Tim Geithner....in the works
about the EU setteling down the monies owed to the ECB in the form of 'debt paymentys'
it should take the MSM & the mass media a day or so to come to this realization, and investigate...
but for now we have seen a +200 point gain in the DOW on the frenzied knowledge of what Geithner barfed out this morning... a whole bunch of nonsence
that NObody will default, that the Euro & the EU will come out stronger
---- yeah that my group of followers !
edit on 14-9-2011 by St Udio because: (no reason given)