Precious Metals Forum

Go Back   Precious Metals Forum > Precious Metals and Economic News > Fiat Ponzi

Reply
 
LinkBack Thread Tools
Old 06-05-2012, 10:11 AM   #1
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,065
Liked: 2454 times
Exclamation Supposedly PIMCO is preparing for a busy summer...

Quote :
...
There are rumors that major financial institutions are cancelling employee vacations in anticipation of a major financial crisis this summer. The following are a couple of tweets quoted in a recent article by Kenneth Schortgen Jr....
Quote :
Todd Harrison tweet: Hearing (not confirmed) @PIMCO asked employees to cancel vacations to have "all hands on deck" for a Lehman-type tail event. Confirm?

Todd M. Schoenberger tweet: @todd_harrison @pimco I heard the same thing, but I also heard the same for "some" at JPM. Heard it today at a hedge fund luncheon.
As Schortgen points out, these are not just your average Twitter users....
Quote :
Todd Harrison is the CEO of the award winning internet media company Minyanville, while Todd Shoenberger is a managing principal at the Blackbay Group, and an adjunct professor of Finance at Cecil College.
...
http://theeconomiccollapseblog.com/a...nancial-system

It's not like Bill Gross (head of PIMCO) is well connected or might have some better handle on what's happening than the average Joe. /extreme sarcasm

__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Old 06-05-2012, 10:44 AM   #2
Yellow Jacket
 
ancona's Avatar
 
Join Date: Nov 2011
Location: Waaay south
Posts: 3,370
Liked: 2046 times
Well, we have only been discussing the coming collapse for a couple of years now. so it finally goes mainstream. This should be interesting at the very least.
__________________
All things being equal, the simplest answer is quite often the correct answer - Occam
ancona is offline   Reply With Quote
Old 06-05-2012, 10:45 AM   #3
Yellow Jacket
 
DCFusor's Avatar
 
Join Date: Nov 2011
Location: Floyd, Virginia
Posts: 1,682
Liked: 1233 times
Toddo is not known to be a BS artist. He's one of the few honest info brokers out there, in fact, on my very short list. He doesn't know everything, but has one of the better feels for the tape and knows what he knows.

Edit:
Another is Ken Polcari, a floor trader often on bloomberg TV. He's like the explosives expert wearing that tee shirt - if you see me running, you'd better catch up!

Last edited by DCFusor; 06-05-2012 at 12:51 PM.
DCFusor is offline   Reply With Quote
Old 06-05-2012, 11:09 AM   #4
Yellow Jacket
 
ancona's Avatar
 
Join Date: Nov 2011
Location: Waaay south
Posts: 3,370
Liked: 2046 times
With all the recent talk about MS and GS, perhaps one of the elephants is going down?
__________________
All things being equal, the simplest answer is quite often the correct answer - Occam
ancona is offline   Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
“We are Preparing for Massive Civil War,” Says DHS Informant vox STS 46 03-12-2013 09:15 AM
A ‘Doomsday Prepper’ preparing for economic collapse was sentenced to 21 months in prison after show Penn STS 4 05-30-2012 04:52 PM
Donna Summer- Dead- Penn STS 4 05-18-2012 09:06 AM
ZH: Treasury preparing for a surge in interest rates? PMBug Fiat Ponzi 4 04-11-2012 11:10 AM


All times are GMT -5. The time now is 02:20 PM.


Powered by vBulletin® from Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.6.0 PL2 ©2011, Crawlability, Inc.
Content of PMBug.com copyright © 2011 - 2019 Measuring Up. All Rights Reserved.