Tuesday, September 27, 2011

Liesman contradicts yesterday's report...

The man who launched a massive worldwide rally in stocks with his report of a €TARP yesterday, CNBC's Steve Liesman takes to the air to say nothing has been resolved or even officially proposed. "If the market is going up on my rumor, it is ahead of itself ... Europe is either in for €2T, or the euro is done."

The market started its latest rally after Liesman gave a report yesterday that European officials were working on a TARP-like plan.

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