Epic, Grotesquely Surreal Friday Humor
Yesterday, during a conference organized by Bank of America titled "Banking & Insurance CEO Conference", whose key purpose was to defend insolvent Italian banks such as Intesa Sanpaolo (which was downgraded the very same day by Moody's) against the evil market and people spreading destructive truths, something grotesquely surreal happened. Specifically, Slide 9 from the prepared slide-deck happened. "What is Slide 9" you ask? Basically, it is Intesa's core defense of its "viability" which presents the EBA Stress Test result, according to which its Core Tier 1 ranks "among the best under the adverse scenario." Who is the best? Seek and ye shall find. The rest, as they, say is epic history...
Red highlighting ours
- advertisements -