Quote:
Originally Posted by Taf
http://www.bbc.co.uk/news/business-18333240
Sounds like the Perfect Storm scenario.... shareholders and creditors will then sell off all stock and withdraw all cash from banks they fear will fail.
Are the Eurocrats who came up with this idea on the same planet as the rest of us?
|
that wont go down well can you remember the names in lloyds moaning they will go broke if they cough up to bail the bank.
I bet they all ready starting to bail before the move.
Lets hope if its possible they backdate it so they can still liable.