Jesse's Café Américain: deposit seizures

“I know there is a God — I see the storm coming and I see His hand in it — If He has a place for me then I am ready.”

John F. Kennedy, scrawled on a prayer breakfast program, NYT, May 15, 1964

Showing posts with label deposit seizures. Show all posts

04 April 2013

Cyprus Is Not So Much An Anomaly as the Template For the Next Financial Crisis

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This is not so much anything new , but a concrete reminder of the breadth of systemic banking risks inherent in the Anglo-American banking...

Why Go After the Depositors To Save 'the Taxpayers?'

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One thing that puzzled a couple of people is this. Why go after depositors, in order to save the 'taxpayers.' Aren't they th...

03 April 2013

Are All G20 Bank Depositors Exposed to a Cyprus Style Seizure of Deposits for a 'Bail-in?'

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Dave from Golden Truth has let me know of an interesting quote from an article by Eric Sprott titled Caveat Depositor which *could* ex...

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Jesse

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