By Barron Maestro

June 29, 2012
Germany relented from their hard line stance agreeing with the plan to allow the European Financial Stability Facility (EFSF) to get bailout funds to banks; mainly Spain. Italy’s prime minister Mario Monti (photo left), while claiming to put pressure at the negotiating table of the European Summit, implied Italian banks ...
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By Barron Maestro

June 28, 2012
Bloomberg’s Tom Keene interviewed Stephen Roach, professor at Yale University and former non-executive chairman for Morgan Stanley in Asia, regarding his sharp criticism of central banks. Roach talked about a convergence bubble. If you were Spain, Greece, Italy, or Portugal, you didn’t have to focus on the fundamentals of your ...
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European Summit Agreement Gets Stocks Moving
Germany relented from their hard line stance agreeing with the plan to allow the European Financial Stability Facility (EFSF) to get bailout funds to banks; mainly Spain. Italy’s prime minister Mario Monti (photo left), while claiming to put pressure at the negotiating table of the European Summit, implied Italian banks ...