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Keyword: bankholiday

Brevity: Headers | « Text »
  • Greek banks 'to stay shut on Monday'

    06/28/2015 10:10:25 AM PDT · by tcrlaf · 144 replies
    BBC News ^ | 6-28-2015 | BBC News
    Greece banks to stay closed on Monday, Piraeus Bank chief says, after emergency meeting in Athens This breaking news story is being updated and more details will be published shortly
  • Cyprus Shows Your Savings Will Be Stolen! UK Theft Is By Means Of High Inflation

    03/25/2013 7:53:06 AM PDT · by blam · 15 replies
    TMO ^ | 3-25-2013 | Nadeem Walayat
    Cyprus Shows Your Savings Will Be Stolen! UK Theft Is By Means Of High Inflation Economics / Credit Crisis 2013March 25, 2013 - 03:24 AM GMT By: Nadeem Walayat Different faces but the same old story is being replayed in a small part of the Euro-zone, Cyprus, and that story is one of the Cypriot banking crime syndicate gambling with depositor funds on the debt markets, this time it's Greek bonds, yes, these master-eds of the universe used depositor funds to pile into soon to go bankrupt Greece because of the high yields they offered so that the bankster's could...
  • As Cyprus Delays Reopening Banks Again, Here Are The Longest Bank Closures Ever

    03/25/2013 7:33:53 PM PDT · by Kartographer · 11 replies
    ZeroHedge ^ | 3/25/13 | Tyler Durden
    With news this evening that the Cypriot banks will not now be re-opening tomorrow (as perhaps - as we noted earlier - a little more of those precious deposits leaked away during the closures than expected): CYPRUS BANKS TO REMAIN CLOSED THROUGH MARCH 27: CENTRAL BANK We thought it useful to consider Cyprus in relation to the longest bank closures in history. Cyprus has now shutdown its banking system longer than Argentina, Ecuador, and Uruguay and as far as President Anastasiades comments that capital controls are temporary - we can only hope for the depositors sake - that it's not...
  • Why You Absolutely Must Have Food Supplies, Hard Assets and Reserve Cash

    06/11/2012 5:37:40 PM PDT · by Kartographer · 126 replies
    SHTF Plan ^ | 6/11/12 | Mac Slavo
    The latest warning signs are, once again, popping up in Europe and should be taken seriously, as it is only a matter of time before such events play out in the rest of the world, including right here at home: Via Adiconsum Italia – Translated via Google BNI depositors unable to make withdrawals / payments, payments of utility bills, mortgage payments, taxes Peter Giordano, Adiconsum: “Grave of the Bank of Italy’s attitude that takes action without considering the impact on depositors, and especially on single-income families and pensioners” The Bank of Italy authorized the suspension of payments by Bank Network...
  • Credit - NO LEVIES - PAYMENTS OF BNI for account holders

    06/10/2012 8:16:06 PM PDT · by Kartographer · 24 replies
    BNI depositors unable to make withdrawals / payments, payments of utility bills, mortgage payments, taxes Peter Giordano, Adiconsum: "Grave of the Bank of Italy's attitude that takes action without considering the impact on depositors, and especially on single-income families and pensioners" Adiconsum Bank of Italy asks for an urgent meeting and the lifting of the The Bank of Italy authorized the suspension of payments by Bank Network Investments SpA (BNI) without communicating anything to the depositors.
  • FR Exclsv: Italy's Oldest & 4th Largest Bank CUTS DEPOSITORS OFF - not a single News story.

    06/12/2012 3:04:26 AM PDT · by AAABEST · 133 replies
    Free Republic and nearly nowhere else ^ | June 12, 2012 | LITERALLY NONE
    I don't often put stories in "breaking." I post vanities even less often. Hardly anything surprises me any longer, but I find this absolutely astounding. If you follow the financial threads or the situation in Europe, you really need to read this. Actually anyone with a bank account needs to read this. I'm going to ask the mods to leave this here, unless they really feel I'm all wet here. I don't, however, believe I am. Follow me here. BNI (Bank Network Investments) is Italy's oldest and forth largest bank. In other words, it's a biggie. Anyway, the bank went...
  • EXCLUSIVE: GREEK GOVERNMENT ROBBED PUBLIC INSTITUTIONS TO COMPLETE BOND SWAP

    03/26/2012 7:32:37 PM PDT · by arthurus · 12 replies · 17+ views
    The Daily Crux ^ | March 26, 2012 | Ste Slog
    Bank of Greece complicit in broadscale embezzlement revealed by respectable Greek health site... The illegally denied default of Greece entered a dramatic new phase this afternoon with the revelation by mainstream Greek public health website Health News that, shortly before midnight on March 8th – the eve of Greece's psi completion on Friday March 9th – on average 70% of public utility funds in varous large, interest-bearing accounts at the Bank of Greece were raided. These included most of the state's regional hospital budgets, various universities, and (it is alleged) at least one utility company. The shortfalls came to light...
  • Downtown building raided by FBI [Troubled Colonial Bank, Orange Co. FL] - [TARP fraud]

    08/03/2009 11:46:40 AM PDT · by Petronski · 35 replies · 3,853+ views
    WOFL Orlando FL ^ | 3 Aug 9 | WOFL FOX 35
    ORANGE COUNTY, Fla. (WOFL FOX 35) - - FBI agents from the Washington, D.C. field office have raided a building in downtown Orlando. The building raided is the Colonial Bank building on Pine Street. The FBI is working with the Office of the Special Inspector General for the Troubled Asset Relief Program which was established by the Emergency Economic Stabilization Act of 2008. FOX 35 has a crew at the scene. Check back for updates.
  • Latest Schultz Shock: a 'bank holiday'

    06/24/2009 6:58:35 AM PDT · by FromLori · 40 replies · 2,583+ views
    Market Watch ^ | 6/24/09
    NEW YORK (MarketWatch) -- The top-performing letter that predicted the Crash of 2008 now predicts a confiscatory Franklin D. Roosevelt-style "bank holiday." But it's surprisingly sanguine about stocks -- in the (very) short term. The Harry Schultz Letter (HSL) was my pick for Letter of the Year in 2008 because it really did predict what it rightly called a coming "financial tsunami." But its performance in 2008 was still terrible, albeit arguably for technical reasons. ( See Dec. 28, 2008, column.) Now HSL has bounced back big-time. ( See April 13 column.) Over the year to date through May, it's...
  • The rescue has failed: it's time to fess up, reboot and start again

    01/18/2009 7:49:41 AM PST · by TigerLikesRooster · 19 replies · 864+ views
    Telegraph ^ | 01/18/09 | Liam Halligan
    The rescue has failed: it's time to fess up, reboot and start again Last Updated: 9:40AM GMT 18 Jan 2009 Comments 16 | Comment on this article It's official. Government policy isn't working. As bank shares collapse amid renewed carnage on global markets, we now know the worst isn't over. This crisis just entered a whole new phase. Gordon Brown's "rescue plan" lies in tatters. Perhaps now the Prime Minister – and his counterparts across the Western world – will do what needs to be done. Regular readers know what's coming next. I've been writing the same thing for months....