Banknote printer De La Rue sees its shares tumble after it revealed quality control issues at one of its paper production facilities. The company has suspended production at the facility while it sorts the problems out, and expects this will result in paper production and sales in 2010/11 being materially lower than originally planned.

The cost of such an insurance product would have to equal the underlying value of the equity. Paying 100 cents to cover 100 cents is a scam. And any other price structure for this product is patently felonious. Anyone selling this stuff is therefore a felon. Additionally, like ‘potfolio insurance’ in the 1980′s that caused the crash of October 19th, 1987 – a heavy concentration of this garbage will cause a similar 20% crash (or more).

• Why The New Fetish For “Black Swan Insurance” Means Markets Are BEGGING For Another Crisis

Max Prediction: Soon enough, a G20 nation will announce a full or partial gold backed currency forcing every other country to either reply with their own gold backed currency – or equivalence – or risk 100% capital flight.

• Top Chinese Economists Call For Government To Ditch U.S. Treasuries And Buy Gold

Confidence is returning to the Euro as news circulates that sovereigns are freezing out GS from deals.

• Europe freezes out Goldman Sachs

We have argued for years that prosecutors to go after the banksters using RICO. The obvious conflicts between Washington and Wall St. have resulted in a tap dance of denial and delay. But now with RICO being used against BP – and the benefits of going after crooks using this statute laid bare -  it’s time for the pubic public to demand that RICO be used against Wall St. banks. The criminal racket enterprise involving Wall St. banks, rating agencies, fund managers, the financial press, hedge funds and government insiders at the Treasury and Federal Reserve needs to be prosecuted and broken up.

• BP: RICO Law Made To Combat Mafia Used Against Oil Giant In Lawsuits