peterbirks (
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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Re: Nice cat, btw
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.