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Aussie Banks Not So Safe
From Money Morning: We dropped the line yesterday about the banks having $13 trillion of off-balance sheet business. We’ve mentioned this number several times over the last year, but if you’re a new...
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Bad To The Bone – EU Debt Crisis Reaches The Core
barnabyisright.com 3 weeks ago, on November 3rd ( “Gillard Offers Borrowed Money To Bail Out Europe” ): Let us be perfectly clear, dear reader. Europe is stuffed. Totally and utterly stuffed. As is the...
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Cyprus, This Is How To Deal With Bankers Who Want You To Take A Loss
From the movie “Casino”. How appropriate. WARNING: Strong language – “We know what you do, don’t we Charlie. You f**k people out of money and get away with it.”
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Crisis Management: APRA To Be Given Power To “Direct” Your Super
Australian Treasury, Strengthening APRA’s Crisis Management Powers, September 2012, page 34 (click to enlarge) It’s been a big week for your humble blogger, vis-a-vis finding incriminating evidence on...
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