Wednesday, October 15, 2014

Simulate this!!!

Yeah, this is undoubtedly intended to give comfort to somebody...
Regulators from the United States and the United Kingdom will get together in a war room next week to see if they can cope with any possible fall-out when the next big bank topples over, the two countries said on Friday. Treasury Secretary Jack Lew and the UK's Chancellor of the Exchequer, George Osborne, on Monday will run a joint exercise simulating how they would prop up a large bank with operations in both countries that has landed in trouble.
How many times do you have to simulate giving really rich people, the great wealth deprives masses' money? Isn't that any day ending in "Y"? [cross-posted at Firedoglake]

16 comments:

pansypoo said...

how much do they really buy/spend? how many houses, how many yachts versus necessities.

TINKLE DOWN DOES NOT WORK IF THERE IS NO TINKLE.

StonyPillow said...

Enjoy the video of this “war room meeting”. Jack Lew’s makeup, and Deutsche Bank’s drunken boogie? Priceless.

Just another lie everybody professes to believe in order to keep the shell game going.

--mf said...

We're entering Part 2 of the Banks Crisis. http://4.bp.blogspot.com/-Vei5gTm58EE/TrzM-iCsXoI/AAAAAAAAAYI/pvTtH-YbZqs/s1600/Subprime+Mortgage+Resets.jpg

They're not talking much about that.

Anonymous said...

This is a green light to loot these institutions and walk away.

Anonymous said...

Let their (corporate) "people" (BANK$TER$) GO! ($traight To HELL!!)

kingweasil said...

gentlemen...there is no fighting in the war room

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