Wednesday, June 13, 2012

Follow-up: "Greek Bank Withdrawals Spook Investors; Stocks Drop to Session Lows"

From MarketBeat:
We told you this week would be like this.

Stocks have dropped to session lows during the final trading hour as news of increasing withdrawals at Greek banks is sending tremors through the market. Adding to the long list of worries is ratings firm Egan-Jones downgrading Spain’s credit rating to CCC+ from B....MORE
In Run up to Sunday's Election Greeks Withdrawing $1 Billion/day From Banks