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Vel
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Pimco and JP Morgan halt vacations to prepare for economic crash
6/5/2012 12:58:51 AM
Market rumor: Pimco and JP Morgan halt vacations to prepare for economic crash

On June 1, market rumors were coming out of a hedge fund luncheon stating that Pimco, JP Morgan, and other financial companies were cancelling summer vacations for employees so they could prepare for a major 'Lehman type' economic crash projected for the coming months. These rumors came on a day when the markets nearly came to capitulation, with the DOW falling more than 274 points, and gold soaring over $63 as traders across the board fled stocks and moved into safer investments.

when several institutions, analysts, and even the head of the World Bank acknowledge a coming crisis, then everyone needs to come to the realization that something big is on the horizon that will have an effect on both Wall Street and Main Street. The rumors out on June 1 regarding Pimco and JP Morgan should be a wake up call to all investors that Friday's market drops across the board are just the beginning of what could be a repeat of 2008, only much worse this time around.

http://www.examiner.com/article/market-rumor-pimco-and-jp-morgan-halt-vacations-to-prepare-for-economic-crash
- - Matthew 6:33 “Keep on, then, seeking first the kingdom and his righteousness, and all these [other] things will be added to YOU. 34 So, never be anxious about the next day, for the next day will have its own anxieties. Sufficient for each day is its own badness. .. . . . http://www.presidentialfield.com/abelchat/ Jeremiah 33: 3 ‘Call to me, and I shall answer you and readily tell you great and incomprehensible things that you have not known.’”
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