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]
Rising Hegemon
how much do they really buy/spend? how many houses, how many yachts versus necessities.
ReplyDeleteTINKLE DOWN DOES NOT WORK IF THERE IS NO TINKLE.
Enjoy the video of this “war room meeting”. Jack Lew’s makeup, and Deutsche Bank’s drunken boogie? Priceless.
ReplyDeleteJust another lie everybody professes to believe in order to keep the shell game going.
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
ReplyDeleteThey're not talking much about that.
This is a green light to loot these institutions and walk away.
ReplyDeleteLet their (corporate) "people" (BANK$TER$) GO! ($traight To HELL!!)
ReplyDeletegentlemen...there is no fighting in the war room
ReplyDelete
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