1. pmbug

    No banks are safe (bail ins, FDIC limits, systemic risks)

    Following the news that TBTF Cypriot zombie banks will steal from depositors rather than go through normal bankruptcy, we heard that Canada was ready to abandon fiduciary responsibility too. Now there are reports that the USA and the UK have an agreement in place to do the same: More...
  2. pmbug

    Guess who is going to bail out Bank of America They set us up the (derivative) bomb.
  3. pmbug

    Accounting for TARP and Bailouts ProPublica reports there is still a ~$320B deficit to be repaid (link in OP).
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