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To: Jeff Jordan who wrote (412215)11/29/2010 1:16:25 AM
From: Broken_Clock  Read Replies (1) | Respond to of 436258
 
wikileaks...shouted from the rooftops!



To: Jeff Jordan who wrote (412215)11/29/2010 7:13:15 AM
From: Giordano Bruno2 Recommendations  Read Replies (1) | Respond to of 436258
 
Ireland, please drive a stake through the heart of the vampire banks which have the world by the throat.

The basic deal is this: protect the bank's managers, shareholders and bondholders from any losses, while heaping the socialized losses and risks on the taxpayers and citizens.

While there are murmurings of "forcing bondholders to share the pain," any future haircut will undoubtedly be just for show, while the Irish pension funds are gutted to bail out the banks.

oftwominds.com

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