Wednesday, September 28, 2011

Head of Unicredit lays down the pain

Former president of the Hungarian stock exchange, and current CEO of Unicredit, a large European bank in the middle of the European default/financial crisis predicts a Greece default in the near future that's going to rattle Europe and the US financial markets.  This is a bold prediction from a market/government insider who would benefit greatly from austerity, but elects to speak his mind.
http://www.zerohedge.com/news/step-aside-bbc-trader-head-unicredit-securities-predicts-imminent-end-eurozone-and-global-finan


Also, the average trader on wall street's point of view:
http://www.youtube.com/watch?v=aC19fEqR5bA

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