Tuesday, June 25, 2013

U.S. Banks Present Industry-Led Crisis Plan To Federal Reserve

The sleepy-eyed US media is finally reporting about bank bail-ins.  This policy of saving banks from collapse is coming.

http://www.valuewalk.com/2013/06/u-s-banks-crisis-plan-fed/
The bail-in mechanism would be designed to place a greater burden on creditors, as opposed to the tax payers, in the event of a bank’s collapse.

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