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FT Deutschland Pronounces Deutsche Mark's Return, Sets EURDEM Exchange Rate At 1.95
Curious what the talking heads will be discussing all weekend parallel to the joke that is the European Summit #1, not to be confused with summit #666? Here is the answer, courtesy of the FT Deutschland, where not too subtly, right next to a lede saying "the Euro rescue has turned into a farce", the publication has for the first time, set its price not in zEURo.qq but in Paul Tudor Jones' favorite currency: the Deustche Mark, or 4.11 DM to be precise. And courtesy of the FTD, we now know the When Issued exchange rate for the EURDEM is: 1.95. Said otherwise, stick a fork in the euro, it's done.
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- Oct 21, 2011 9:52am Oct 21, 2011 9:52am
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-nate-dogg-
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- hanifs
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hkg_paul
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skenobi
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I'm not trying to convince anyone. I'm not in the "convincing" business.
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- Oct 21, 2011 11:52am Oct 21, 2011 11:52am
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hkg_paul
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