Submitted by Financial Adviser on Thu, 05/17/2012 - 14:35
A month of uncertainty ahead for Europe - with Greece facing another election on June the 17th which could decide its Euro fate. Markets and banks are already on edge, as Athens runs out of cash while patience runs out over cuts. But France's new anti-austerity President Francois Hollande and Germany's Angela Merkel are pledging to help Greece stay in the euro. More from RT's Peter Oliver in Berlin.
Submitted by Financial Adviser on Thu, 05/17/2012 - 14:23
Bloomberg's Dominic Chu reports that SLM Corp. bearish options prices have reached the highest level in almost five years relative to bullish ones, pushed up by traders concerned the U.S. government will take action to prevent a bubble in education loans.
