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Thank you Tyler.
I love sci-fi movies!
Ireland will be the first test case for Germans.
If German markets crash because of the Irish situation, the ghouls will know they can blackmail Germany's government.
If they can already crash those markets, ala what was done in the U.S. during TARP negotiations, it's a moot exercise of the highest order.
Do you honestly think the stress tests will show anything other than "No problems here. All is well!".
Yields say otherwise.
The results of these things are always driven by what you want to achieve rather than how things actually are.
It's worth bearing in mind that at this point what Irish want to achieve is somewhat different to JCT.
Is there any chance that the stress tests return values that could be damaging or has it be tailored not to return damaging values?
Another potential non event in the big masquerade going on.
Thank you Tyler - a moment of silent prayer for the poor Irish people -
30 billion Euros,nothing to see here,move on.BTFD.
THE POT OF GOLD IS EMPTY!! THE TROLLS STOLE IT!! and what was left went to booze and hookers...
Actually there's an IOU in the bottom...
The hidden stash can be found at the end of the rainbow.
Saint Hattrick's day. Mark my words.
TSLA has 200% upside according this Morgan Stanley analyst. Could be a good quick post. Very funny. Zero percent interest rates = crazy things.
If you want to read the extent to which the Irish government has put its country on the hook to the banksters,read the following.Absolutely fucking unbelievable.
Treason doesn't even begin to describe it.
It would appear that the website is having trouble keeping up with the interest...
oh the irony
AIB needs 13.3bn, B of I 5.2bn, EBS 1.5bn, Irish Life & Per 4bn - total 24 bn
Cost of deleveraging...
"Not intended to be a forecast of what will happen"...LOL
The best thing for Ireland is to remove itself from the failed EU and begin the true repair of their banking system-- it's obvious that any IMF/Eu involvement has thus far left them in a far more worse situation. The real question is how far Ireland wants to go down the rabbit hole.
Blackrock's 3 year loss rate is higher than the Bank's estimate...LOL
For the past couple of days the Irish media has been fed with stories about how reputable BackRock is.
The stress test documents are due to appear here. There should be useful commentary at NAMA Wine Lake, Corner Turned and The Irish Economy.
Unless someone breaks into song then I'm afraid this will pretty much be as expected.
"this is one of the most costliest banking crises in history, and I seem to recall saying that last year *feed freezes*." Honohan
Fun fact! Allied Irish Bank now jointly owns Stuy Town.
A picture is a thousand words:
This is what Irish banks have lent against,quality or what?Click on the picture to see inside to appreciate the "traditional features",also modern luxuries such as a Radon barrier-to prevent radioactive Radon gas permeating the building,and half the roof is thatch.
Thank you. A picture is worth so much.
Bloody murder in capital markets lay ahead, folks.
That is beyond insane.
The bagmen of the truly elite have arrived. Listen up, all ye:
Fifteen minutes? Well, that's all the time Ben needs, isn't it?
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