Loading ...Italian Bank shares in the dumpster makes sense if the EU is falling apart, as the only thing propping them up is being backstopped by Draghi in the ECB……the only thing holding the ECB up is Germany….If/When it all falls down….Germany walks ….No ECB ergo No Italian Banks.
U gotta wonder how much Italian/ Spanish etc junk GS has, based on them controlling everything…Maybe so much they can’t even start to sell it.
That dumb schmuck Chelsea is married to, had his Hedge Fund loaded with Greek garbage and it took his fund down..so much for the smartest people in the World ……lloyd was a personal investor…there is a big difference between being a super connected insider calling the shots and trading off inside info and being a real trader….Lloyd/GS is the former….who is to say he/they haven’t screwed it all up this time.
Cheers