Nice spin in the headline, which SHOULD BE, “A Couple of European Bankers In Favor of Paying Global Fee”. Let the Euros pay any kind of fee they think they should, and leave us out of it. Thanks Cheap_Hessian.
The large banks hope to control the financial field and really will go along with any govt scheme as long as they have protection from their smaller competitors. They will just pass along the costs. Your local credit union never looked so good. They don’t charge you for a checking account or your savings. They give good car loans and they can do the same mortgage terms as the so called big banks..since they all sell them to Fannie and Freddie..eliminate them from your financial affairs. Be gone Citi, Wells, BofA etc. Go to hell.
After all, some bank has to be designated to temporarily hold and administer those acquired funds, don’t they?
And with the UN involved, the level of potential corruption becomes...worldwide.
And the UN already has the best available working system for the corrupt hiding of any and all financial transactions.