A Rash of Deaths and a Missing Reporter – With Ties to Wall Street Investigations

[Holly_Hobby]

81. I don't know how long he had that opinion about 2008,

he told us at our regular appointment at that time. And we've been told from the beginning to check with him before making any kind of financial decisions. The only change we've made in 14 years is re-fi-ing the house through Obama's plan, which of course was after the crash.

I saw something interesting this morning - the US and UK are practicing "bail-ins":

...

BOE Says U.S. “Could Do Today” And U.S Authorities Doing Simulation Exercises
The U.S. already has in place plans for bail-ins in the event of banks failing. Indeed, the U.S. has conducted simulation exercises with the U.K. in recent weeks and will do so again in 2014.

On October 12, Art Murton, the FDIC official in charge of planning for resolutions, and the Bank of England’s Deputy Governor Paul Tucker, both confirmed that the U.S. system is ready to handle a big-bank collapse.

The Bank of England’s Tucker, who has worked with U.S. regulators on the cross-border hurdles to taking down an international firm said that “U.S. authorities could do it today -- and I mean today.”

...

http://www.zerohedge.com/contributed/2013-12-11/part-vi-how-likely-are-bail-ins-bank-england-says-us-%E2%80%9Ccould-do-today%E2%80%9D