Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Snowshoe who wrote (111080)	3/4/2015 12:01:48 AM
From: elmatador	Respond to of 217975

Austria was in PIG lane! Other bad banks, notably in Ireland, have taken over assets from troubled lenders based on worst-case scenarios and sold many off at higher prices. But with Heta, which holds the assets of just one lender rather than a range as in Ireland or Spain, worst-case assumptions have proved grossly overoptimistic. uk.reuters.com Pretended not to be. Wanted to be like the Northern Europe... Now truth is coming to the open...

To: Snowshoe who wrote (111080)	3/4/2015 12:19:03 AM
From: Elroy Jetson	Read Replies (1) \| Respond to of 217975

The Austrians can feed themselves on their smugness. So how far that gets them with feeding their Heta Asset Resolution catastrophe. I've never like their culture.