Any Irish taxpayer or bank depositor that watches any TV yet fails to view this video is not acting in a prudent manner, in my oh so humble opinion. Any Irish or US bank investor or regulator who ignores this video is not acting in a prudent manner, in my humble opinion.
The video is presented, without further comment...
It should be noted that the top Irish bank regulator decided to resign sans his 100k euro bonus. It really gets you thinking, doesn't it?
Don't forget to run through your own "What if" scenarios illustrating what may happen if Irish banks are forced to recapitalize at the state's expense. You can also calculate the interest rates you should be expecting in return for letting the bank take risks with your capital. See the online apps at the bottom of Ireland, You May Very Well Be Bust & I Make No Apologies For What I'm About To Show You [3].
The posts are presented here which contain all of the documentation referenced in the video:
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- Global Banking Crisis - How & Why YOU Will Get "Cyprus'd" As This Bank Scrambled For Capital!!! [4]
- As If On Cue, BoomBustBlog Shenanigan Research Gets Real In Ireland, Why Aren't These Guys Knocking On My Door? [5]
- Are You About To Get Cyprus'd in Ireland? When A Single Word's Worth Billions Of Euros... [6]
- Dear Ireland (& AIB), Haven't We All Learned The Problem Is Insolvency, Not Liquidity? [7]
- Oh No! Is It Possible? A 3rd Irish Bank With Hidden Charges Not Revealed In Its Annual Reports? [8]
- Ireland, You May Very Well Be Bust & I Make No Apologies For What I'm About To Show You [3]
- EU Says Bank Money's Safe After Threats To Take It, Ireland Still Looks Next Up, Contagion Ready To Spread To Bigger Countries [9]
Tomorrow, I will release some additional and very controversial informational on other EU banks. Subscribers, stay tuned (click here to subscribe [10]).