Germany is open to a precautionary credit line for Spain, reports Bloomberg. Spain is supposedly...

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tom_t Comments (165)
 
It's amazing how "news" like this can move the market.
16 Oct 2012, 01:09 PM Reply Like

Whitehawk Comments (2954)
 
So what happens if/when Spain draws down the credit line (or will anyone be watching).
16 Oct 2012, 03:51 PM Reply Like

Richard93 Comments (819)
 
This is so silly we all know Spain will need major amounts of capital to cover its bonds for the next 3-4 years hoping the EU's economy can turn positive. We will have to wait until after the Election coming soon to see if that states votes to leave or not. If so another problem for Madrid if they can move forward creating jobs that can be a beneficial to there economy.
17 Oct 2012, 02:45 AM Reply Like

marketdaddy Comments (52)
 
this is all going to end very badly for all those optimistos...65/25/10 cash/precious metals/leveraged inverse etf
17 Oct 2012, 04:49 AM Reply Like

VictorHAustin Comments (502)
 
Standby Letters of Credit have been a pillar that enables International business between strangers for hundreds, if not thousands, of years. It seems like the Europeans are making sense for a change.

I am, however, the opposite of an expert in these matters. But I'm an investor and they are critical to me.

What am I not getting?

Thanks in advance.
17 Oct 2012, 10:19 PM Reply Like