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Dijsselbloem (Europe FM) shocker is U.S.’s template, too (Cyprus)
Marketwatch ^
| March 25, 2013, 1:26 p.m. EDT
| MarketWatch First Take
Posted on 03/25/2013 12:34:21 PM PDT by Ernest_at_the_Beach
Commentary: U.S. uninsured depositors can and do take losse
True, it was news that Dutch Finance Minister Jeroen Dijsselbloem was making that acknowledgment. The European finance ministers had been stressing as recently as last week that the opposite was the case, that Cyprus was a special situation.
Dutch Finance Minister Jeroen Dijsselbloem is president of the Eurogroup council.
The market genuinely was shocked.
(Excerpt) Read more at marketwatch.com ...
TOPICS: Business/Economy; Foreign Affairs; Germany; Government; Israel; News/Current Events; Russia; United Kingdom
KEYWORDS: cyprus; europeanunion; eurozone; germany; greece; israel; italy; russia; turkey; unitedkingdom
To: Ernest_at_the_Beach
Dutch Finance Minister Jeroen Dijsselbloem is president of the Eurogroup council.
2
posted on
03/25/2013 12:36:50 PM PDT
by
Ernest_at_the_Beach
((The Global Warming Hoax was a Criminal Act....where is Al Gore?))
To: Ernest_at_the_Beach
**********************************EXCERPT*********************************************
It’s certainly not wise for government officials to effectively sanction a bank run — at the top end of the deposit spectrum, anyway.
3
posted on
03/25/2013 12:38:04 PM PDT
by
Ernest_at_the_Beach
((The Global Warming Hoax was a Criminal Act....where is Al Gore?))
To: Ernest_at_the_Beach
It’s certainly not wise for government officials to effectively sanction a bank run — at the top end of the deposit spectrum, anyway. Anyone in with accounts in Portugal, Spain, Italy, Greece or what is left of Cyprus who didn't have their track shoes on for a bank run just isn't paying attention and falls under the definition of "fool" in "a fool and his money are soon parted".
4
posted on
03/25/2013 12:40:59 PM PDT
by
KarlInOhio
(Choose one: the yellow and black flag of the Tea Party or the white flag of the Republican Party.)
To: All
5
posted on
03/25/2013 12:41:11 PM PDT
by
Ernest_at_the_Beach
((The Global Warming Hoax was a Criminal Act....where is Al Gore?))
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