“Jim Flaherty’s Cyprus-style bank rescue plan” by Thomas Walkom, Toronto Star, 4 April 2013: The new rules would allow federal regulators to seize unspecified bank liabilities—including, perhaps, the savings of uninsured depositors—and use them to prop up a faltering institution. … Continue reading →
G20 Governments All Agreed To Cyprus-Style Theft Of Bank Deposits . . . In 2010 | Barnaby Is Right … Continue reading →
Australia Plans Cyprus-Style “Bail-In” Of Banks In 2013-14 Budget | Barnaby Is Right … Continue reading →
ECB’s Draghi: ‘Imperative’ to Set up New Bank Body David McHugh, AP | May 24, 2013 European Central Bank President Mario Draghi . . . . . . [new agency] to force banks creditors and shareholders to take losses first … Continue reading →
MEPs vote to protect small bank depositors Nikolaj Nielsen, EUobserver.com | May 21, 2013 . . . “The bail-in of any creditors should be done according to a clear hierarchy, with depositors with savings over €100,000 last in line, whilst … Continue reading →
“In addition to these pragmatic goals, the powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the … Continue reading →
The Cyprus bail-out: A better deal, but still painful The Economist | March 25, 2013 … Nobody doubts that, after such a severe blow to its lucrative banking sector, Cyprus will be pushed into a harsh recession. Some sources in … Continue reading →
Jim Flaherty’s Cyprus-style bank rescue plan: Walkom Thomas Walkom | www.thestar.com | April 4, 2013 … Ottawa is preparing a new set of what it called bail-in rules that it could impose should one of the country’s big banks face … Continue reading →
The Canadian Government Offers “Bail-In” Regime, Prepares For The Confiscation Of Bank Deposits To Bail Out Banks Reggie Middleton, Zero Hedge | March 30, 2013 Part of the Canadian budget (pages 144-145) quoted: … The Government proposes to implement a … Continue reading →
Canadian Federal Budget 2013 – See pages 144 and 145 This article explains: Cyprus-Style “Bail-Ins” Are Proposed In The New 2013 Canadian Government Budget! Michael Snyder, The Economic Collapse Blog | March 28, 2013 The politicians of the western world … Continue reading →