Source: Instapundit » Blog Archive » FBI AGENTS IN HILLARY INVESTIGATION HAD TO SIGN NON-DISCLOSURE AGREEMENT: If this report is accurate…
Day: July 14, 2016
Instapundit » Blog Archive » IF ONLY THEY TRIED THIS HARD TO GET RID OF AMERICA’S ENEMIES: US funds aided 2015 campaign to oust …
Source: Instapundit » Blog Archive » IF ONLY THEY TRIED THIS HARD TO GET RID OF AMERICA’S ENEMIES: US funds aided 2015 campaign to oust
“In 2015 the Italian government rescued four small banks. In compliance with EU rules it put the burden of the rescue on bank creditors rather than taxpayers. As a result, 12,500 “small savers” lost a total of 430 million euros on junior bonds. That is an average of 34,500 euros lost per bondholder.” Italy on the Brink | Mises Wire
The Italian government is considering bailing out the banks in defiance of EU rules concerning “bail-ins.” These rules require that a bank’s creditors, especially bondholders, “take haircuts”