Thursday, December 8, 2011

Presenting Today's Deux Ex Rumor

Update: And it gets better. Now Dow Jones:

Euro-Area Countries Ready To Provide IMF With Bilateral Loans, According To Draft Seen By Dow Jones

Yet earlier today, none other than Mario Draghi said that loans to the IMF to purchase European bonds would be legally unworkable. Brilliant
With just 30 minutes until the close we were cutting it close to a rumorless, headlineless session. So here is Reuters to the rescue:

ESM BAIL-OUT FUND TO BE GIVEN BANKING LICENCE - DRAFT
EU DETERMINED TO

Read more ...

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