Epstein Secrets

LIZ Mexx JV agreement - BTU lowers outlook for N. Goonyella - MOS patent approval Notable Options Activity Yesterday: XLF ($13.08 +2.2%)—Prior to the Federal Reserve Board announcing an enforcement action against GS, a trader bought 40,000 Jan 10 puts for $0.32 tied to buying 560,000 shares for $13.25. The trade is in

Evangelos Venizelos says economy to shrink about 5% this year (more than forecast) Greek daily Kerdos reports discussions between government & the Troika broke down (Greece denies) Citigroup analyst Stefan Nedialkov says Greek banks may need to take further Cl6B in impairments U.S. government to su

t the risk of a euro exit over the next six months has diminished after the 17 June elections, which have produced a viable government coalition. The Troika may only accept moderate adjustments to the second Greek package. Portugal is likely to receive an increased bailout package and is unlikely to defau

ions supports a gradual rise in Treasury yields. ¢ However, over a six-month horizon, the extension of Operation Twist (OT) until the end of 2012 by the Federal Reserve (Fed) will limit the upside potential in yields. As of late, the probability of even more stimulus in the form of quantitative easing from the Fed ha

ainst the ECB program and further support; a Portuguese default; a Greek euro exit before the end of 2012; or a major external shock. Key dates TBD Troika report on Greece 8 Nov ECB press conference 12 Nov Eurogroup meeting 15 Nov Eurozone GDP 3Q: first estimate 22 Nov Eurozone composite purchasing

ly - the September report exaggerated the pace of improvement. Core personal consumption expenditure (PCE) inflation stays slightly below or close to the Federal Reserve's target of 2%. UBS forecasts real GDP growth of 2.0% in 3Q 2012 (consensus: 1.8%) and 1.6% in 4Q 2012 (consensus: 1.9%). The Fed has added considerabl