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EU now requires all member nations to enforce bail-in so ordinary depositors carry same risk as creditors of banks. America - Gone EU - Gone Canada - Gone N

EU now requires all member nations to enforce bail-in so ordinary depositors carry same risk as creditors of banks. America - Gone EU - Gone Canada - Gone New Zealand - Gone Australia - nearly gone - Turnbull was head of Goldman Sachs in Australia. All thanks to Goldman Sachs etc http://cecaust.com.au/releases/2014_03_20_Treasury_Bail_In.html http://cecaust.com.au/releases/2014_03_20_Treasury_Bail_In.h... http://cecaust.com.au/releases/2015_11_27_G20_Accepts_Bailin.html http://cecaust.com.au/releases/2015_11_27_G20_Accepts_Bailin... http://cecaust.com.au/releases/2016_01_06_EU_bail_in.html http://cecaust.com.au/releases/2016_01_06_EU_bail_in.html http://cecaust.com.au/releases/2016_03_22_Bail_In_PR.html http://cecaust.com.au/releases/2016_03_22_Bail_In_PR.html

smcl 10y ago
I don't understand what the "- Gone" lines are and can't relate them to the first part of your comment. Did you miss something out?
- basicplus2 10y ago
  These countries now all have bail in legislated
shoo 10y ago
Be aware: the above links point to press releases from the Citizen's Electoral Council - this is the most batshit insane political party I am aware of in Australia. You don't get to print and distribute pamphlets talking about lizard people running the world and then get to be taken seriously.
- ultramancool 10y ago
  Where do I get the lizard people pamphlets?
- basicplus2 10y ago
  if you follow the links within their articles you will find the hard evidence. even crazy people sometimes talk about true stuff too.
pjc50 10y ago
> EU now requires all member nations to enforce bail-in so ordinary depositors carry same risk as creditors of banks. Not true. Even on the one occasion this did happen, Cyprus, the bail-in only applied to value above €150k, hardly the ordinary depositor.
velodrome 10y ago
It is because of the revolving door problem: The movement of personnel between roles as legislators and regulators and the industries affected by the legislation and regulation https://en.wikipedia.org/wiki/Revolving_door_(politics) https://en.wikipedia.org/wiki/Revolving_door_(politics)

smcl 10y ago

I don't understand what the "- Gone" lines are and can't relate them to the first part of your comment. Did you miss something out?

basicplus2 10y ago
These countries now all have bail in legislated

shoo 10y ago

Be aware: the above links point to press releases from the Citizen's Electoral Council - this is the most batshit insane political party I am aware of in Australia. You don't get to print and distribute pamphlets talking about lizard people running the world and then get to be taken seriously.

ultramancool 10y ago
Where do I get the lizard people pamphlets?
basicplus2 10y ago
if you follow the links within their articles you will find the hard evidence. even crazy people sometimes talk about true stuff too.

pjc50 10y ago

> EU now requires all member nations to enforce bail-in so ordinary depositors carry same risk as creditors of banks. Not true. Even on the one occasion this did happen, Cyprus, the bail-in only applied to value above €150k, hardly the ordinary depositor.

velodrome 10y ago

It is because of the revolving door problem: The movement of personnel between roles as legislators and regulators and the industries affected by the legislation and regulation https://en.wikipedia.org/wiki/Revolving_door_(politics) https://en.wikipedia.org/wiki/Revolving_door_(politics)