banking reform
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Does anyone know if the setup of the new banking reform, announced at lunch today, will have an affect on those still seeking their deposits back? From what I can gather this is good news, as the new rules should complete the clean-up of banks. The government will set up a bad bank to hive off banks' toxic property assets. Therefore, am I right in thinking that the banks will have nothing to loose by paying back deposits? Or am I being too naive?
Best,
Chris
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Yes you probably are. Wishful thinking, the banks would not give a dog a kick.
_______________________ NARCISSISTIC PERSONALITY DISORDER: A mental disorder in which people have an inflated sense of their own importance, a deep need for admiration and a lack of empathy for others.
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