03-11-2015, 10:40 PM
I can't find the report about it right now, but the second-in-command at The Fed reportedly sent a directive to big banks that told them to write "bail-inable debt." Yep, it also stated that when big banks are in trouble in the future that there will not be a "bail out." Nope...depositors will be losing money.
Now, we're learning that a couple? or how many are failing the stress-test.
Greece was a test-run. It's coming...(when are they going after the private retirement funds? My hunch is when we officially arrive at 20 Trillion debt.)
Now, we're learning that a couple? or how many are failing the stress-test.
Greece was a test-run. It's coming...(when are they going after the private retirement funds? My hunch is when we officially arrive at 20 Trillion debt.)
(03-11-2015, 09:58 PM)Eagle1 Wrote: Ah ha. More cracks in the levy. See the converging storylines here? Ammo attrition and now banks struggling with the so-called stress tests:
http://www.wsj.com/articles/federal-rese...1426105804