News

**Max Powers**

That nice little vertical line is a gain of $421.8 billion dollars of outstanding loans and leases in one week's time.

WHERE THE HELL DID THAT MONEY GO AND WHAT COLLATERAL WAS TAKEN AGAINST A FOUR HUNDRED BILLION DOLLAR INCREASE IN OUTSTANDING LOANS?

You won't find anything like that in the records - because it's never happened before. That's beyond unprecedented, it's ridiculous, and assuming it's also accurate, someone has some 'splaining to do on what clearly appears to be some sort of back-door game being run.

http://market-ticker.denninger.net/archi...urope.html

Now this is interesting. What the hell, has this happened before??? WHAT IS THIS??

**Max Powers**

Maybe the results of the Fed's secret emergency meeting last week ??? doomed

Max Powers Wrote:

Maybe the results of the Fed's secret emergency meeting last week ???

Do you know if this has happened before??

**Max Powers**

has not happened 2 my knowledge.

from the OP
"You won't find anything like that in the records - because it's never happened before. That's beyond unprecedented, it's ridiculous, and assuming it's also accurate, someone has some 'splaining to do on what clearly appears to be some sort of back-door game being run."

**Max Powers**

Guess Ben and the boys didnt want a Luau. No PIIGS getting roasted on his watch

Max Powers Wrote:

Guess Ben and the boys didnt want a Luau. No PIIGS getting roasted on his watch

This is really, really strange. Seriously.

**Max Powers**

update from Market Ticker

Some more digging around FRED has found additional disturbing data. Specifically:

WHAT?

An $84.2 billion increase in one month, or annualized, a significantly more than 100% run rate?

Something's not right here folks. I can't find the rest of the one-week ramp yet, as the data is not current enough for me to do so, but that's an insane increase.

C&I loans picked up a bit (614 .vs. 591.8) which is a significant move as well, but then again it also dropped a lot between 3-17 and 3-24 (605 to 591.8), so in context it's not nearly as material.

Where did the more than $400 billion go that was "borrowed"?

http://market-ticker.denninger.net/

I do not know why, but the plane crash just flashed in my mind.

**Timetorun** Boogerflicker User ID: 4819 04-12-2010 09:11 PM

I guess our politicians have more of our stolen money than they can stuff into their own pockets, so they're passing some on to their European family members.

**Max Powers**

HeidiLore Wrote:

I do not know why, but the plane crash just flashed in my mind.

April 12 (Bloomberg) -- Poland’s central bank is one of two institutions requiring “quick decisions” on personnel vacancies after its governor died in a plane crash that killed President Lech Kaczynski, parliamentary speaker Bronislaw Komorowski, who assumed the duties of the country’s acting president, said late yesterday in an interview on TVN24.

“Only the chairman of the Monetary Policy Council can convene rate meetings,” Komorowski told the television station. He didn’t say whether he would appoint a central bank governor. The Monetary Policy Council is to meet today to elect a chairman from among its nine remaining members.
http://www.businessweek.com/news/2010-04...-bank.html

**Ectoplasmic Residue** · **Ectoplasmic Residue** User ID: 4605 04-12-2010 09:23 PM **Posts: 617**

Max Powers Wrote:

update from Market Ticker

Some more digging around FRED has found additional disturbing data. Specifically:

WHAT?

An $84.2 billion increase in one month, or annualized, a significantly more than 100% run rate?

Something's not right here folks. I can't find the rest of the one-week ramp yet, as the data is not current enough for me to do so, but that's an insane increase.

C&I loans picked up a bit (614 .vs. 591.8) which is a significant move as well, but then again it also dropped a lot between 3-17 and 3-24 (605 to 591.8), so in context it's not nearly as material.

Where did the more than $400 billion go that was "borrowed"?

http://market-ticker.denninger.net/

Please confirm for clarity.

The $400Bil is money WE owed on our debt, or money they (EU) owed us?

We hit WRH again! doomed

http://whatreallyhappened.com/

**Max Powers**

Ectoplasmic Residue Wrote:

Max Powers Wrote:
update from Market Ticker

Some more digging around FRED has found additional disturbing data. Specifically:

WHAT?

An $84.2 billion increase in one month, or annualized, a significantly more than 100% run rate?

Something's not right here folks. I can't find the rest of the one-week ramp yet, as the data is not current enough for me to do so, but that's an insane increase.

C&I loans picked up a bit (614 .vs. 591.8) which is a significant move as well, but then again it also dropped a lot between 3-17 and 3-24 (605 to 591.8), so in context it's not nearly as material.

Where did the more than $400 billion go that was "borrowed"?

http://market-ticker.denninger.net/

Please confirm for clarity.

The $400Bil is money WE owed on our debt, or money they (EU) owed us?

It is a loan, to European banks like Barclays, Society Generale, and Deutsche Bank ( who all recieved AIG/bail out money b4... see link
http://www.politico.com/news/stories/0309/20039.html).

Presumably set up so they can buy Greece debt, or portugal, spain, ireland, and icelands debt.

**Ectoplasmic Residue** · **Ectoplasmic Residue** User ID: 4605 04-12-2010 09:42 PM **Posts: 617**

Max Powers Wrote:

Ectoplasmic Residue Wrote:
Max Powers Wrote:
update from Market Ticker

Some more digging around FRED has found additional disturbing data. Specifically:

WHAT?

An $84.2 billion increase in one month, or annualized, a significantly more than 100% run rate?

Something's not right here folks. I can't find the rest of the one-week ramp yet, as the data is not current enough for me to do so, but that's an insane increase.

C&I loans picked up a bit (614 .vs. 591.8) which is a significant move as well, but then again it also dropped a lot between 3-17 and 3-24 (605 to 591.8), so in context it's not nearly as material.

Where did the more than $400 billion go that was "borrowed"?

http://market-ticker.denninger.net/

Please confirm for clarity.

The $400Bil is money WE owed on our debt, or money they (EU) owed us?

It is a loan, to European banks like Barclays, Society Generale, and Deutsche Bank ( who all recieved AIG/bail out money b4... see link
http://www.politico.com/news/stories/0309/20039.html).

Presumably set up so they can buy Greece debt, or portugal, spain, ireland, and icelands debt.

Ah, gotchya. Well sure, we still gotta even out that debt if we want all developed countries to go under all at once. Can't get a new global currency going unless the sufferring is all even.