Re: The continuing battle against the inevitable Euro area default
Side-note: UBS tagged in ongoing LIBOR investigation. In a common refrain it appears some individual traders are to blame, certainly not the bank...never the bank. A fine of 1.5 billion francs, and business as usual.
http://www.reuters.com/article/2012/...8BE05M20121215
Ja-mata TosaInu
Re: The continuing battle against the inevitable Euro area default
Lol, chech republicic, where did these 26.7 billion euro's the international-socialism gave you go.
Re: The continuing battle against the inevitable Euro area default
It looks like Royal Bank of Scotland is up next for a wrist-slap over LIBOR.
Nothing official as yet, but again it looks like fines with no criminal liability; Thank God they're are all so innocent! It really would have been so tacky if criminals had been involved :p
http://www.bbc.co.uk/news/business-20973971
We may raise questions about the exact meaning of "Justice is Blind" :)
Ja-mata TosaInu
Re: The continuing battle against the inevitable Euro area default
Money well spend, the international-socialism wires 5 billion to the Muslim-Brotherhood. And still people believe the Eurbia-theory isn't real. After the excessive dhimmitude of the unelected 'good after the war' Schultz a lot of eyebrows are being raised with people who don't read quality-media. Why the hell give 5 billion euro to the islamist winter.
Last edited by Fragony; 01-15-2013 at 09:20.
Re: The continuing battle against the inevitable Euro area default
Kewl. Dutch politicians are amongst the least trusted by their population in the world. There is hope. Only 6% believe in their integrity we beat Africa. There is a storm comming mister Wayne
Re: The continuing battle against the inevitable Euro area default
http://www.telegraph.co.uk/finance/9...-bail-out.htmlThe Mediterranean island nation becomes the fifth country to turn to the eurozone, following in the footsteps of Ireland, Greece, Portugal and Spain.
The emergency funding will be used to prop up the country’s banks which were hit by the financial restructuring of nearby Greece.
The Cypriot banking system had grown to be eight times the size of the country’s fledgling economy - which accounts for just 0.2pc of the eurozone’s gross domestic product.
But in a departure from previous bail-outs, the country’s savers are being asked to make sacrifices.
The terms of the deal mean that Cyprus’s savers will sacrifice up to 10pc of their deposits in a move which will raise as much as €6 billion.
I thought the EU was mad, now I know it is. Idiots.
There are times I wish they’d just ban everything- baccy and beer, burgers and bangers, and all the rest- once and for all. Instead, they creep forward one apparently tiny step at a time. It’s like being executed with a bacon slicer.
“Politics is the art of looking for trouble, finding it whether it exists or not, diagnosing it incorrectly, and applying the wrong remedy.”
To learn who rules over you, simply find out who you are not allowed to criticise.
"The purpose of a university education for Left / Liberals is to attain all the politically correct attitudes towards minorties, and the financial means to live as far away from them as possible."
Re: The continuing battle against the inevitable Euro area default
The Cyprus bailout if it took 100% of savings couldn't be paid for.Originally Posted by InsaneApache
Also what an incentive to take your savings out at a time when banks in Cyprus require capital. They will hit them for 10% over the weekend and then people will withdraw 100% monday morning, monday afternoon cyprus needs new bailout.
Also there basically penalising ordinary savers for what the EU elite caused by kicking the can so long with Greek banks.
Plus the russian oligarch thing is over played in the media there generally residents and there also generally russian banks
Last edited by gaelic cowboy; 03-16-2013 at 16:34.
They slew him with poison afaid to meet him with the steel
a gallant son of eireann was Owen Roe o'Neill.
Internet is a bad place for info Gaelic Cowboy
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