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Economy

Moliere

(285 posts)

1. And so it begins

Reply to eridani (Original post)

Thu Apr 14, 2016, 07:29 AM

Apr 2016

Get ready for this to show up across the world. I believe Cypress got hit with bail-ins last year. Too big to fail and involuntarily saved by its own creditors. This should be illegal. Pitchforks anyone?

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Highlight:

Austria Just Announced A 54% Haircut Of Senior Creditors In First "Bail In" Under New European Rules [View all] eridani Apr 2016 OP

And so it begins Moliere Apr 2016 #1

K&R'd. snot Apr 2016 #2