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To: fruser1

Apparently, poster has changed the headline. Not correct.

Following link, it is part of a canada budget titled:

Chapter 8 – Tax Fairness and a Strong Financial Sector

There is a subsection on that page titled:

Introducing a Bank Recapitalization “Bail-in” Regime

Seizing depositor accounts is NOT part of the plan per the link.


8 posted on 08/26/2016 9:53:39 AM PDT by fruser1
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To: fruser1

“Seizing depositor accounts is NOT part of the plan per the link.”

Not per the link, true. But the regulations that are proposed and as authorized by this budget convert depositors into creditors.

http://www.zerohedge.com/news/2016-03-22/its-official-canadian-bank-depositors-are-now-risk-bail-ins


17 posted on 08/26/2016 10:03:25 AM PDT by MeganC (JE SUIS CHARLES MARTEL!!!)
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