zapping du jour / breaking news

Citation :

Europe is hanging by a thread.

I realize this is hard to believe... after all, the
markets are rallying,
aren't they?

However, the "behind the scenes" signals
I watch are all flashing red
alerts a la 2008.

Let's take Greece for example. Greeks are
now pulling their money out of
that country
at a rate of 1 billion euros PER WEEK.

This is
happening at a time when Greek
GDP has contract 20%. To give you perspective

on this, Argentina experienced a 20% contraction
of GDP in 2001. At that
time, this collapse was
met with FULL default, systemic failure, and riots.


That's just Greece.

Now let's consider Spain... whose Prime
Minister
has admitted in private that the REAL capital needs
for its
banks are in the ballpark of 500 billion
Euros.

And yet... the markets are acting as if a 100 billion

Euro bailout (coming from a bailout fund that doesn't
even exist yet!)
is going to save the day.

On top of this, Italy is now pushing for help
at the exact
same time that Ireland wants its bailout to be revised to

be more like Spain's (as if this will help).

I'm telling you... the
stock market is completely

mis-pricing the risk in the financial system today.
The whole thing is
just like 2008 all over again:

1) Credit is jamming up
2) Interbank
liquidity is drying up
3) The bond market is signaling that a Crash is
coming

If you're not taking steps to prepare yourself and
your
loved ones, for a collapse, you NEED TO DO SO NOW.
It is highly likely
another 2008 type event will
hit before the end of the summer. Indeed, I
wouldn't
be surprised to see the EU break-up before September.



Graham Summers
Chief Market Strategist
Phoenix Capital Research

Citation :

Ottawa airport wired with microphones to record travellers’ conversations





Ian MacLeod
ottawacitizen.com
June 16, 2012

Sections of the Ottawa airport are now wired with microphones that can eavesdrop on travellers’ conversations.

The Canada Border Services Agency (CBSA) is nearing completion of a
$500,000 upgrade of old video cameras used to monitor its new “customs
controlled areas,” including the primary inspection area for arriving
international passengers.

As part of the work, the agency is introducing audio-monitoring equipment as well.

Read more

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Voici un texte sur les biens faits du silence qui peut émailler la
définition. – Les maitres de l’occident médiéval enseignaient, tel Jean
Climaque dans l’échelle Sainte : “Le bavardage est la chaire sur
laquelle la vaine gloire aime à se faire voir avec ostentation. C’est la
marque de l’ignorance, la porte de la médisance, l’introducteur de la
bouffonnerie, le serviteur du mensonge, la ruine de la componction
(remords perpétuel de la conscience) l’artisan et l’huissier de l’acédie
(ce relâchement de l’âme), le précurseur du sommeil, la dissipation du
recueillement, l’anéantissement de la vigilance, le refroidissement de
la ferveur.” (Source : Christian Guigue)




http://francismizio.owni.fr/

Citation :

Kurt Nimmo
Infowars.com
June 17, 2012


On Friday, the Russian General Staff announced it will send warships
from the Black Sea Fleet to the Syrian coast. The deployment will
protect the Russian logistics base in Tartus, Syria.

The Syrian port at Tartus.
Russia has historically maintained a strong bilateral relationship
with Syria. Its only Mediterranean naval base for the Black Sea Fleet is
located in the port of Tartus.

“Several warships of the Russian Black Sea Fleet, including large
landing ships with marines aboard, are fully prepared to go on the
voyage,” the General Staff told Itar-Tass.


la suite :

http://www.infowars.com/russia-announces-it-will-send-warships-to-syria/

Citation :

Ernesto Londoño and Leila Fadel
Washington Post
June 18, 2012

CAIRO — Egypt’s military leaders issued a constitutional decree
Sunday that gave the armed forces sweeping powers and degraded the
presidency to a subservient role, as the Muslim Brotherhood declared
that its candidate had won the country’s presidential runoff election.

The bold assertion of power by the ruling generals followed months in
which they had promised to cede authority to a new civilian government
by the end of June. Instead, activists and political analysts said, the
generals’ move marked the start of a military dictatorship, a sharp
reversal from the promise of Egypt’s popular revolt last year.

The declaration, published in the state gazette, had been expected,
but its details indicate that the military has asserted far greater
authority than observers had anticipated. Under the order, the president
will have no control over the military’s budget or leadership and will
not be authorized to declare war without the consent of the ruling
generals.

The document said the military would soon name a group of Egyptians
to draft a new constitution, which will be subject to a public
referendum within three months. Once a new charter is in place, a
parliamentary election will be held to replace the Islamist-dominated
lower house that was dissolved Thursday after the country’s high court
ruled that one-third of the chamber’s members had been elected
unlawfully.

Read full article here

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One month ago Congress passed HR 568. The resolution appears to be
designed for the preparation of war with Iran; the US House of
Representatives passed the legislation 401 to 11 and it states that
President Obama should oppose any policy with Iran when it comes to the
alleged Iranian nuclear threat, leaving war the only option to settle
the matter between the two countries. Jamal Abdi, policy director at The
National Iranian American Council, takes a closer look at the possible
war with Iran.

Citation :

Author and historian Dr. Webster Tarpley recently appeared on Press
TV to discuss the continual propaganda coming out of the west and the
corporate controlled media.

“NATO is obviously planning these massacres”

Citation :

ir France: suppression de plus 5.000 postes sur deux ans d'ici à 2013



PARIS - La compagnie aérienne Air France, en grande difficulté, a
annoncé jeudi la suppression de plus de 5.000 postes étalée sur deux ans
d'ici à décembre 2013, en s'engageant à ne procéder à aucun
licenciement sur cette période.

La compagnie a expliqué aux
représentants du personnel qu'entre décembre 2011 et décembre 2013 elle
aura supprimé 5.122 postes, grâce à un plan de départs volontaires, et
que sur cette période elle ne licenciera pas.


(©AFP / 21 juin 2012 11h52)

http://www.romandie.com/news/n/_ALERTE___Air_France_suppression_de_plus_5000_postes_sur_deux_ans_d_ici_a_201316210620121154.asp

1er round ce soir pour les banques britanniques, et ultérieurement pour les banques européennes au rang

desquelles :

Royal Bank of Canada, Credit Suisse, Goldman Sachs, Deutsche Bank, Macquarie, BNP Paribas, Credit Agricole, UBS, Morgan Stanley, Citigroup, Societe Generale, Bank of America and Nomura.

Citation :

Some of Britain’s biggest banks are poised to have their credit ratings downgraded by Moody’s as soon as tonight as part of a wider reassessment of the health of the global banking industry, I can reveal.





Moody’s is expected to outline its verdicts about the creditworthiness of banks including Barclays, HSBC, JP Morgan and Royal Bank of Scotland.



My expectation is that Moody’s will announce the ratings decisions after the close of US markets today (at 10pm or thereabouts), although the timing of its statement could yet change and be delayed beyond today. Some banks may see their ratings unaffected.



The downgrades – which are expected to range in scope from one notch to three notches depending on the particular institution – have been anticipated for some time.



Nonetheless, news that they are now imminent is unlikely to have a positive impact on bank shares in Europe and the US today.



As I understand it, Moody’s plans to announce downgrades of many of the world’s big global capital markets banks in one tranche, and a number of big European banks in another tranche. Lloyds Banking Group, which is part-owned by the British taxpayer, is likely to fall into the latter category.



The other banks that fall into the former category as part of the review being undertaken by Moody's are Royal Bank of Canada, Credit Suisse, Goldman Sachs, Deutsche Bank, Macquarie, BNP Paribas, Credit Agricole, UBS, Morgan Stanley, Citigroup, Societe Generale, Bank of America and Nomura. It's possible that some of these banks won't have their ratings decisions announced tonight.

marie a écrit:

qui reste donc à l'état de rumeur de marché... ceci ayant largement pesé sur les marchés.

en revanche GS a lui, bel et bien pondu un "SELL" sur les actions du SP500


non c'est fait.


source

Citation :

zerohedge
‏@zerohedge


MORGAN STANLEY L-T SR DEBT CUT TO Baa1 FROM A2 BY MOODY'

Citation :

• MOODY'S CUTS 4 FIRMS BY 1 NOTCH
  
• MOODY'S CUTS 10 FIRMS' RATINGS BY 2 NOTCHES
  
• MOODY'S CUTS 1 FIRM BY 3 NOTCHES
  
• MORGAN STANLEY L-T SR DEBT CUT TO Baa1 FROM A2 BY MOODY'S
  
• MOODY'S CUTS MORGAN STANLEY 2 LEVELS, HAD SEEN UP TO 3
  
• MORGAN STANLEY OUTLOOK NEGATIVE BY MOODY'S
  
• MORGAN STANLEY S-T RATING CUT TO P-2 FROM P-1 BY MOODY'S
  
• BANK OF AMERICA L-T SR DEBT CUT TO Baa2 BY MOODY'S;OUTLOOK NEG
  

http://www.zerohedge.com/news/here-we-go-moodys-comes-out-morgan-stanley-cut-only-2-notches

Citation :

Nicolas Doze - Hollande se fait défoncer ! Muhahaha ! 31 mai 2012


https://www.youtube.com/watch?v=TX4vobgadI4&feature=player_embedded

Citation :

MORGAN STANLEY L-T SR DEBT CUT TO Baa1 FROM A2 BY MOODY'

• MOODY'S CUTS 4 FIRMS BY 1 NOTCH
  
• MOODY'S CUTS 10 FIRMS' RATINGS BY 2 NOTCHES
  
• MOODY'S CUTS 1 FIRM BY 3 NOTCHES
  
• MORGAN STANLEY L-T SR DEBT CUT TO Baa1 FROM A2 BY MOODY'S
  
• MOODY'S CUTS MORGAN STANLEY 2 LEVELS, HAD SEEN UP TO 3
  
• MORGAN STANLEY OUTLOOK NEGATIVE BY MOODY'S
  
• MORGAN STANLEY S-T RATING CUT TO P-2 FROM P-1 BY MOODY'S
  
• BANK OF AMERICA L-T SR DEBT CUT TO Baa2 BY MOODY'S;OUTLOOK NEG
  

http://www.zerohedge.com/news/here-we-go-moodys-comes-out-morgan-stanley-cut-only-2-notches

Citation :

Moody’s downgrades firms with global capital markets operations

New York, June 21, 2012 — Moody’s Investors Service today repositioned the ratings of 15 banks and securities firms with global capital markets operations. The long-term senior debt ratings of 4 of these firms were downgraded by 1 notch, the ratings of 10 firms were downgraded by 2 notches and 1 firm was downgraded by 3 notches. In addition, for four firms, the short-term ratings of their operating companies were downgraded to Prime-2. All four of those firms also now have holding company short-term ratings at Prime-2. The holding company short-term ratings of another two firms were downgraded to Prime-2 as well.

“All of the banks affected by today’s actions have significant exposure to the volatility and risk of outsized losses inherent to capital markets activities”, says Moody’s Global Banking Managing Director Greg Bauer. “However, they also engage in other, often market leading business activities that are central to Moody’s assessment of their credit profiles. These activities can provide important ‘shock absorbers’ that mitigate the potential volatility of capital markets operations, but they also present unique risks and challenges.” The specific credit drivers for each affected firm are summarized below.

Today’s rating actions conclude the review initiated on 15 February 2012 when Moody’s announced a ratings review prompted by its reassessment of the volatility and risks that creditors of firms with global capital markets operations face. In the past, these risks have led many institutions to fail or to require outside support, including several firms affected by today’s rating actions. Today’s actions, however, reflect not only the credit implications of capital markets operations. They also reflect (i) the size and stability of earnings from non-capital markets activities of each firm, (ii) capitalization, (iii) liquidity buffers, and (iv) other considerations, including, as applicable, exposure to the operating environment in Europe, any record of risk management problems, and risks from exposure to US residential mortgages, commercial real estate or legacy portfolios.



OVERVIEW OF TODAY’S RATING ACTIONS

Moody’s has taken action on the following holding company ratings:

Bank of America Corporation

Long-term senior unsecured debt to Baa2 from Baa1, outlook negative; Short-term P-2 affirmed



Barclays plc

Long-term issuer rating to A3 from A1, outlook negative; Short-term to P-2 from P-1



Citigroup Inc.

Long-term senior debt to Baa2 from A3, outlook negative; short-term P-2 affirmed



Credit Suisse Group AG

Provisional senior debt to (P)A2 from (P)Aa2, outlook stable; Provisional Short-term (P)P-1 affirmed



The Goldman Sachs Group, Inc.

Long-term senior unsecured debt to A3 from A1, outlook negative; Short-term to P-2 from P-1



HSBC Holdings plc

Long-term senior debt to Aa3 from Aa2, outlook negative; Provisional Short-term (P)P-1 affirmed



JPMorgan Chase & Co.

Long-term senior debt to A2 from Aa3, outlook negative; Short-term P-1 affirmed



Morgan Stanley

Long-term senior unsecured debt to Baa1 from A2; outlook negative; Short-term to P-2 from P-1



Royal Bank of Scotland Group plc

Long-term senior debt to Baa1 from A3, outlook negative; Short-term P-2 affirmed



Moody’s has taken action on the following operating company ratings:

Bank of America, N.A.

Long-term deposit rating to A3 from A2, outlook stable; Short-term to P-2 from P-1



Barclays Bank plc

Long-term issuer rating to A2 from Aa3, outlook negative; Short-term P-1 affirmed



BNP Paribas

Long-term debt and deposit rating to A2 from Aa3; outlook stable; Short-term P-1 affirmed



Citibank, N.A.

Long-term deposit rating to A3 from A1, outlook stable; Short-term to P-2 from P-1



Credit Agricole S.A.

Long-term debt and deposit rating to A2 from Aa3, outlook negative; Short-term P-1 affirmed



Credit Suisse AG

Long-term deposit and senior debt rating to A1 from Aa1, outlook stable; Short-term P-1 affirmed



Deutsche Bank AG

Long-term deposit rating to A2 from Aa3, outlook stable; Short-term P-1 affirmed



Goldman Sachs Bank USA

Long-term deposit rating to A2 from Aa3, outlook stable; Short-term P-1 affirmed



HSBC Bank plc

Long-term deposit rating to Aa3 from Aa2, outlook negative; Short-term P-1 affirmed



JPMorgan Chase Bank, N.A.

Long-term deposit rating to Aa3 from Aa1, outlook stable; Short-term P-1 affirmed



Morgan Stanley Bank, N.A.

Long-term deposit rating to A3 from A1, outlook stable; Short-term to P-2 from P-1



Royal Bank of Canada

Long-term deposit rating to Aa3 from Aa1, outlook stable; Short-term P-1 affirmed



Royal Bank of Scotland plc

Long-term deposit rating to A3 from A2; outlook negative; Short-term to P-2 from P-1



Societe Generale

Long-term debt and deposit to A2 from A1; outlook stable; Short-term P-1 affirmed



UBS AG

Long-term debt and deposit to A2 from Aa3, outlook stable; Short-term P-1 confirmed.

Citation :

zerohedge
‏@zerohedge

Victory: instead of $9.6 billion, MS will face only $6.8 billion in collateral calls.

Citation :

PARIS - L'agence de notation Moody's a
abaissé jeudi la note de 15 grandes banques occidentales possédant des
activités de marché mondiales, parmi lesquelles cinq américaines, trois
françaises, deux suisses, trois britanniques, une canadienne et une
allemande.

Les plus durement affectées sont les américaines Bank
of America et Citigroup, dont les notes ont été rétrogradées à Baa2 et
ne se situent plus que deux crans au-dessus de la catégorie dite
spéculative, selon un communiqué publié jeudi.

(©AFP / 21 juin 2012 23h43)

Citation :

BNP Paribas reproche à Moody's de n'avoir pas tenu compte de sa solidité




PARIS - BNP Paribas a reproché Moody's de n'avoir pas tenu suffisamment
compte d'éléments essentiels de son profil, notamment le renforcement de
ses fonds propres, dans l'analyse qui a amené l'agence d'évaluation
financière américaine à la dégrader jeudi soir.

Moody's a abaissé les notes de la première banque française cotée, tout comme celle de ses concurrentes Crédit Agricole et Société Générale. BNP Paribas et
Crédit Agricole perdent deux crans, Société Générale un seul. Les trois
établissements ont désormais la note A2.
http://www.romandie.com/news/n/_BNP_Paribas_reproche_a_Moody_s_de_n_avoir_pas_tenu_compte_de_sa_solidite16220620120112.asp