hat tipped by Clusterstock!
And of course, the resident European journalist bear, Ambrose Evans-Pritchard has the report here.
It basically says, buy gold, sell stocks and junk bonds, and prepare for 500 on the S&P.
Maybe Prince Albert has a Mayan Calendar also!
Get to 12/12/12 already!
But I suppose that's what happens to a firm when you have a kid lose $7.5 billion that you didn't know about!
I'd put out the report, if I could just get one question answered by SocGen or Goldman Sachs--How much of AIG's swaps did they hedge amongst themselves?
Maybe SocGen should save that button for that!