peterbirks: (Default)
peterbirks ([personal profile] peterbirks) wrote 2013-03-27 12:02 pm (UTC)

Re: Nice cat, btw

Question: If Dijsselbloem and Schauble think it so important that depositors take a hit when banks go under, could they please comment on the difference between the cases of Anglo-Irish, SNS Reaal, and Laiki?

No? Well, I will:

Laiki (depositors hit, depositors = Russians)
Anglo-Irish (Irish taxpayers hit, depositors = Germans)
SNS Reaal (European taxpayers hit, depositors = Dutch).

So much for principle.

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