[EBH]

Well, well, well....isn't this an interesting little blurb. Funny how this all fall into line with the September timeline....

[SeeSharp]

Bail-in simply means stealing deposits. How’s that work for Argentina? Cypress?

[bert]

one should not make an order that can not be enforced

[grania]

Does bail in mean shaving a percentage off saver's accounts? And can the large EU banks make it happen by buying off a few leaders in each country?

Who won WW2, anyway?

[wrench]

Haircuts for everybody.

[Old Sarge]

Why aren’t you bitching about flags and fags like everybody else?!?

[The Working Man]

The rules, known as the bank recovery and resolution directive (BRRD), seek to shield taxpayers from having to bail out troubled lenders, forcing creditors and shareholders to contribute to the rescue in a process known as “bail-in”.

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I thought I read about a ‘ruling’ here in the U.S. that said that depositors here were to be considered ‘shareholders’ in the instance of a bank failure. The consensus as I recall was that saving and checking account holders could and probably would lose major portions of their deposits as the Bank tried to stay solvent in such an occurrence

[31R1O]

Do tell more about this September business...you’ve piqued my curiousity.

[gattaca]

bump

[pierrem15]

If there’s a Grexit— France may well leave the Eurozone.