Jesse's Café Américain

"It is rather for us to be here dedicated to the great task remaining before us — that from these honored dead we take increased devotion to that cause for which they gave the last full measure of devotion — that we here highly resolve that these dead shall not have died in vain, that this nation under God shall have a new birth of freedom, and that government of the people, by the people, for the people shall not perish from the earth.” Abraham Lincoln, November 19, 1863

Showing posts with label deposit seizures. Show all posts
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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