CDS

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CDS Sovereign Debt Ready to boost x 4 in just 3 months from 155 to 800
Equity downside - 40 to 60 % from 8,000 level
 
Santander Central Hispano probably will need State Financial aid to boost Tier I and II ratios cos os massive real estate defaults and CLOs + CMBS writedowns.Dilutive Effect is inminent.
Setting New price target for SANTANDER @ 2.66 €/share ADR close to 2.2$/STD

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Obama, you have a problem.
No houston.
Well, not just Obama whole financials and insurance companies. The problem could dissapear making property price drops 30-40%(Hardlanding) or executing leveraged investments.
A lot of people has solvency, but because a bunch of ultraleverage ambitius investors, the system is close to fail. STOP BAILING OUT¡
 
D E F L A T I O N  is inside our venoms¡(Deleverage too, decoupling, devil?)