interestrateripoff Posted June 1, 2011 Share Posted June 1, 2011 http://uk.reuters.com/article/2011/06/01/uk-eu-banks-idUKTRE7504OA20110601 Spain and Ireland gained EU approval on Wednesday to extend their support schemes for banks until the end of the year, giving them some breathing room to restructure troubled lenders.The schemes, introduced to prevent banks from collapsing under the strain of bad property loans, must be approved every six months by the European Commission. "The extended measures are well targeted, proportionate and limited in time and scope," the European Commission said in a statement, as it extended the two schemes for a further six months. Once more the parasites get to feed off their hosts. No doubt this will be extended once again at the end of the year, do they think the banks will have found the end of the rainbow by then. Quote Link to comment Share on other sites More sharing options...
General Congreve Posted June 2, 2011 Share Posted June 2, 2011 http://uk.reuters.com/article/2011/06/01/uk-eu-banks-idUKTRE7504OA20110601 Once more the parasites get to feed off their hosts. No doubt this will be extended once again at the end of the year, do they think the banks will have found the end of the rainbow by then. It will take a lot of bailouts, but quite possibly one day, if the situation makes it that far without blowing up, the banks will be made whole and the entire debt clusterf4ck will finally be offloaded on bloodied European taxpayers. Banksta parasite scum! Thanks for the paper to gold freeride wealth transfer though, can't complain about that Quote Link to comment Share on other sites More sharing options...
RufflesTheGuineaPig Posted June 2, 2011 Share Posted June 2, 2011 Isn't this "Bank Support" thing the licence to print? Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.