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BRK ! It´s on .. bank run on the ECB !

 
ThePaleOne
traded his horse for a white van

User ID: 331367
Austria
02/17/2011 07:56 AM

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BRK ! It´s on .. bank run on the ECB !
So here it is .. the run for liquidity has started !

[link to translate.google.de]

Quote:
Loans by banks on the marginal lending (with a rate of 1.75 percent) increased sharply from around 1.2 billion euros the day before to 15.8 billion euros. This was announced by the ECB on Thursday.

14 billion increase in one day "

Sure, there is no fire .. but there is a lot of smoke.
Life is a 100% deadly sexually transmitted disease.
Life is to short to be a slave, leave the plantation, go: [link to www.goingyourownway.com]
Tim A. Warall

User ID: 1136725
United States
02/17/2011 07:57 AM
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Re: BRK ! It´s on .. bank run on the ECB !
5a25a2
:martiallaw4:

“The bravest are surely those who have the clearest vision of what is before them, glory and danger alike, and yet notwithstanding, go out to meet it.”

Isaiah 43:2
When you pass through the waters, I will be with you; and when you pass through the rivers, they will not sweep over you. When you walk through the fire, you will not be burned; the flames will not set you ablaze.

Ecclesiastes 12:14
For God shall bring every work into judgment, with every secret thing, whether it be good, or whether it be evil. ~9/11 Was An Inside Job!
ThePaleOne  (OP)
traded his horse for a white van

User ID: 331367
Austria
02/17/2011 07:58 AM

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Re: BRK ! It´s on .. bank run on the ECB !
Another source:

[link to online.wsj.com]

FEBRUARY 17, 2011, 6:43 A.M. ET
Bank Lending From ECB Skyrockets

Life is a 100% deadly sexually transmitted disease.
Life is to short to be a slave, leave the plantation, go: [link to www.goingyourownway.com]
Anonymous Coward
User ID: 1264359
United States
02/17/2011 07:59 AM
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Re: BRK ! It´s on .. bank run on the ECB !
bump
ThePaleOne  (OP)
traded his horse for a white van

User ID: 331367
Austria
02/17/2011 08:01 AM

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Re: BRK ! It´s on .. bank run on the ECB !
Here come the news...

Until this week, overnight lending hadn't topped 1 billion euros since the start of the year.

From:
[link to www.marketwatch.com]

So ... somebody, somewhere needs money, needs it fast and is willing to accept the "overnight" penalty.
Life is a 100% deadly sexually transmitted disease.
Life is to short to be a slave, leave the plantation, go: [link to www.goingyourownway.com]
ThePaleOne  (OP)
traded his horse for a white van

User ID: 331367
Austria
02/17/2011 08:06 AM

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Re: BRK ! It´s on .. bank run on the ECB !
Another hint ...

[link to translate.google.de]

The deposits of banks, meanwhile, fell to around 14.7 (the previous day: 17.9) billion €.

So not only 15,8 billions were lent .. another 3 billions were drained out of the deposits.

Almost 19 billions overnight out of the ECB ...
Life is a 100% deadly sexually transmitted disease.
Life is to short to be a slave, leave the plantation, go: [link to www.goingyourownway.com]
Anonymous Coward
User ID: 914518
United States
02/17/2011 08:09 AM
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Re: BRK ! It´s on .. bank run on the ECB !
The silver shorters are getting killed and can't keep up the deception much longer!
ANNONYMOUS
User ID: 825313
United States
02/17/2011 08:09 AM
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Re: BRK ! It´s on .. bank run on the ECB !
bump
Anonymous Coward
User ID: 519048
Netherlands
02/17/2011 08:09 AM
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Re: BRK ! It´s on .. bank run on the ECB !
hiding
ThePaleOne  (OP)
traded his horse for a white van

User ID: 331367
Austria
02/17/2011 08:12 AM

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Re: BRK ! It´s on .. bank run on the ECB !
Logging out for some personal bank run cool2
Life is a 100% deadly sexually transmitted disease.
Life is to short to be a slave, leave the plantation, go: [link to www.goingyourownway.com]
Duckduckgoosechamp

User ID: 1268581
United States
02/17/2011 08:22 AM
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Re: BRK ! It´s on .. bank run on the ECB !
The ECB will print more euros and, hope nobody notices.
Anonymous Coward
User ID: 862727
United States
02/17/2011 08:39 AM
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Re: BRK ! It´s on .. bank run on the ECB !
bump
Anonymous Coward
User ID: 519048
Netherlands
02/17/2011 08:40 AM
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Re: BRK ! It´s on .. bank run on the ECB !
This is perhaps significant.
Anonymous Coward (OP)
User ID: 331367
Austria
02/17/2011 10:20 AM
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Re: BRK ! It´s on .. bank run on the ECB !
bump
ThePaleOne  (OP)
traded his horse for a white van

User ID: 331367
Austria
02/17/2011 04:36 PM

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Re: BRK ! It´s on .. bank run on the ECB !
Haha .. oh noes .. not again !

‘Fat finger’ blamed for ECB loans leap
[link to www.ft.com]

So .. i have to show ID to rake in some thousand Euros from my bank .. and there 15 billions .. ah,uh .. we do not know who did it.

Last Edited by ThePaleOne on 02/17/2011 04:37 PM
Life is a 100% deadly sexually transmitted disease.
Life is to short to be a slave, leave the plantation, go: [link to www.goingyourownway.com]
Anonymous Coward
User ID: 1238802
United States
02/17/2011 04:44 PM
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Re: BRK ! It´s on .. bank run on the ECB !
bump

WTH the EBC?
46 & 2

User ID: 725839
United States
02/17/2011 04:45 PM
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Re: BRK ! It´s on .. bank run on the ECB !
Portugal...
Forty Six & 2 are just ahead of me...

"A wise man changes his mind; a fool never will"
ThePaleOne  (OP)
traded his horse for a white van

User ID: 331367
Austria
02/17/2011 04:50 PM

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Re: BRK ! It´s on .. bank run on the ECB !
Portugal...
 Quoting: 46 & 2


Yeah .. seems the "bailout" for portugal has to happen some months earlier.


Here is some nice and short (only manually updated bond-summary)
[link to pigbonds.info]
Life is a 100% deadly sexually transmitted disease.
Life is to short to be a slave, leave the plantation, go: [link to www.goingyourownway.com]
ThePaleOne  (OP)
traded his horse for a white van

User ID: 331367
Austria
02/18/2011 04:19 AM

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Re: BRK ! It´s on .. bank run on the ECB !
"Fat finger" canceled .. this night the banks drew another 16 billion out "overnight" rates out of the ECB

The banks in the euro zone again in the night to Friday above-average amount borrowed from the European Central Bank (ECB). From the marginal lending facility to banks borrowed 16 billion euros to 15.8 billion euros the previous day

Source:
[link to translate.google.de]
Life is a 100% deadly sexually transmitted disease.
Life is to short to be a slave, leave the plantation, go: [link to www.goingyourownway.com]
ThePaleOne  (OP)
traded his horse for a white van

User ID: 331367
Austria
02/18/2011 04:22 AM

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Re: BRK ! It´s on .. bank run on the ECB !
So ..

19 billions last night (lent + withdrawn)

+

16 billions (lent, no withdrawal number so far public) this night.

35 billion withdrawn ! in 2 days.
Life is a 100% deadly sexually transmitted disease.
Life is to short to be a slave, leave the plantation, go: [link to www.goingyourownway.com]
ThePaleOne  (OP)
traded his horse for a white van

User ID: 331367
Austria
02/18/2011 04:28 AM

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Re: BRK ! It´s on .. bank run on the ECB !
Another source:
[link to www.marketwatch.com]

Analysts had largely dismissed Wednesday's spike as likely the result of a trader error, but said Thursday's data call that conclusion into question.

Life is a 100% deadly sexually transmitted disease.
Life is to short to be a slave, leave the plantation, go: [link to www.goingyourownway.com]
Anonymous Coward
User ID: 1249928
United States
02/18/2011 08:07 AM
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Re: BRK ! It´s on .. bank run on the ECB !
portugese bond spreads are at all time highs again:

[link to www.youtube.com]
Anonymous Coward
User ID: 1272224
Canada
02/21/2011 12:08 PM
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Re: BRK ! It´s on .. bank run on the ECB !
Gaddafi?
ThePaleOne  (OP)
traded his horse for a white van

User ID: 331367
Austria
02/21/2011 12:10 PM

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Re: BRK ! It´s on .. bank run on the ECB !
Gaddafi?
 Quoting: Anonymous Coward 1272224


Could be that some dictators withdraw to not get their accounts closed.

The other rumor is, ireland banks creating a circle jerk with lending money to each other and using lent money as securities to lend each other while others hold their liquidity in the ECB.
Life is a 100% deadly sexually transmitted disease.
Life is to short to be a slave, leave the plantation, go: [link to www.goingyourownway.com]
Anonymous Coward
User ID: 1271289
South Korea
02/21/2011 12:59 PM
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Re: BRK ! It´s on .. bank run on the ECB !
bump





GLP