Ummmmm, I mean Dead Banks...
Nut-job Conspiracy Theory Ping!
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Posted on 10/10/2014 5:57:53 PM PDT by driftdiver
Oct 10 (Reuters) - Regulators from the United States and the United Kingdom will get together in a war room next week to see if they can cope with any possible fall-out when the next big bank topples over, the two countries said on Friday.
Treasury Secretary Jack Lew and the UK's Chancellor of the Exchequer, George Osborne, on Monday will run a joint exercise simulating how they would prop up a large bank with operations in both countries that has landed in trouble.
Also taking part are Federal Reserve Chair Janet Yellen and Bank of England Governor Mark Carney, and the heads of a large number of other regulators, in a meeting hosted by the U.S. Federal Deposit Insurance Corporation.
"We are going to make sure that we can handle an institution that previously would have been regarded as too big to fail. We're confident that we now have choices that did not exist in the past," Osborne said at the International Monetary Fund's annual meeting.
(Excerpt) Read more at reuters.com ...
ping
Well that sounds promising!
Yeah..why not just force the Too Big to Fails to systemically sell or spin off certain segments
It was never meant to be a test.
It’s training, and conditioning, of us masses.
Get used to it, Citizen!
What kind of bleak future will our Grandchildren face?
“Why would they be doing this?”
Because somewhere, a “Big Bank” is in big trouble, and they are trying to decide of they should let it fail.
Candidates:
Barclay’s
Scotiabank
JP Morgan
Bank of America
Northern Rock
Santander
Didn't you Bozos learn anything the last time?
You left off Lloyd’s. I thought they were still basically on the precipice and that Barclay’s was doing relatively ok?
Practice.
Ummmmm, I mean Dead Banks...
Nut-job Conspiracy Theory Ping!
To get onto The Nut-job Conspiracy Theory Ping List you must threaten to report me to the Mods if I don't add you to the list...
hmmmm
I suggest shooting some of the bankers and Wall Street honchos. See if that makes the rest a little bit more honest.
The list, Ping
Let me know if you would like to be on or off the ping list
New term to become familiar with: Bail In.
Your deposits belong to the bank.
The elites have a master plan.
This is but a tiny part of it.
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