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Italian banks halted
UniCredit's actions SPA, Intense Sanpaolo, Banking Popolare I gave Milan and UBI Bancia, they have been suspended from price by the high volatility that they were presenting.
In case of default:
French Banks will Crash
In case of soft reprofiling debt scheme; CDS will lost any legal value and GS and JPM will Crash,
Play both sides..
Who gonna win...Of course Federal Reserve Banks so Greece will Exit Euro and present a default. So French Bank will crash my humble opinion
So this will not be a credit Event
CDS market will dissapear o not...
did you say 'crash'? LOL keep on dreaming
U will c
UBI bank = DEFAULTs trading below TERP (Basel Rulez unaccomplished)
Italian Bank will need IMF help
So what ? haha you think they won't accept IMF money ?
I will see what? It has been 3 years I look at this shit every day. Do you think they will let GS, JPM and the french banks crash like that ? come back to earth hombre, they will resort to anything before letting that happen, using free taxpayer money being the easiest path
http://www.businessinsider.com/pasok-laymaker-may-vote-against-austerity...
Some opposition to the austerity plan appearing within G-Pap's Socialist cum Neo Liberal Party.