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Banks preparing to rob depositors ?
31 December 2015, 17:12,
#1
Banks preparing to rob depositors ?
We've all heard of "Bail-ins", where a bank simply converts your savings into shares in itself, this article explains some other aspects, including recent legislation changes that mean the poor depositor will be last on the list to get paid.

http://www.informationclearinghouse.info...e43829.htm

It's really worth reading, especially if you think that the money "in your account" is actually yours - it isn't, it's simply a statement of how much money the bank owes you, other creditors are now specifically and legally more entitled to it than you are. Scary stuff.
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Messages In This Thread
Banks preparing to rob depositors ? - by Steve - 31 December 2015, 17:12
RE: Banks preparing to rob depositors ? - by bigpaul - 31 December 2015, 18:03
RE: Banks preparing to rob depositors ? - by Steve - 31 December 2015, 20:19
RE: Banks preparing to rob depositors ? - by Sunna - 31 December 2015, 21:09
RE: Banks preparing to rob depositors ? - by Sunna - 31 December 2015, 22:34
RE: Banks preparing to rob depositors ? - by bowdrill - 31 December 2015, 23:12
RE: Banks preparing to rob depositors ? - by Sunna - 1 January 2016, 13:28
RE: Banks preparing to rob depositors ? - by iaaems - 1 January 2016, 14:09
RE: Banks preparing to rob depositors ? - by Sunna - 1 January 2016, 14:13
RE: Banks preparing to rob depositors ? - by Steve - 1 January 2016, 20:58
RE: Banks preparing to rob depositors ? - by Steve - 1 January 2016, 21:30
RE: Banks preparing to rob depositors ? - by Sunna - 2 January 2016, 13:28
RE: Banks preparing to rob depositors ? - by Jonas - 2 January 2016, 15:33

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